Suzlon Energy, the world's fifth largest wind turbine supplier, witnessed a gain in share price on Wednesday after it has won new order for 90 MW turnkey project from its existing customer, ReNew Power. ReNew Power is one of the independent power producers (IPPs), with clean energy assets of more than 1000 MW of commissioned and under-construction projects. 

Suzlon will install its revolutionary S97 120m Hybrid tower WTGs (wind turbine generator) with rated capacity of 2.1MW in Ratlam district, Madhya Pradesh (MP). Suzlon will install 29 WTGs at the site Kode and 14 WTGs at Limbwas site in Ratlam district. The project is scheduled for commissioning by March 2016.

Shares of the company are trading at Rs 23.70, up Rs 0.4, or 1.72%  at the Bombay Stock Exchange (BSE) on Wednesday at 12:24 p.m. The scrip has touched an intra-day high of Rs 24.05 and low of Rs 23.30. The total volume of shares traded at the BSE is 2,967,499.