Suzlon Energy, the world's fifth largest wind turbine supplier, witnessed a rise in share price on Thursday  after the company bagged contracts from SMEs and public sector undertakings (PSU) to supply 50 turbines of 2.1 MW each in various parts of the country.

''Suzlon has been awarded orders for a combined capacity of 105 MW from a mix of SME and PSU customers, on turnkey basis, in this quarter,'' the company said.

The company will install a total of 50 turbines of 2.1 MW product platform in the key windy states. Suzlon will supply its multi-megawatt S95-90m, S97- 90m, S97-120m turbines and will leverage on its turnkey wind solutions expertise to oversee the project operations from start to end. The projects will be located across Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh and Tamil Nadu.

Shares of Suzlon Energy are trading at Rs 20.65, up Rs 0.3, or 1.47% at the Bombay Stock Exchange (BSE) on Thursday at 10:18 a.m.

The scrip has touched an intra-day high of Rs 20.65 and low of Rs 20.35. The total volume of shares traded at the BSE is 911,085.