Suzlon Energy, the world's fifth largest wind turbine supplier, today expressed at the Global Investors Summit 2014 held in Indore, its intent to build 2000 MW of new wind energy projects in the state of Madhya Pradesh over the next five years and establish supporting manufacturing facilities. These wind energy projects established by Suzlon for SME sector and IPP producers will drive investments and create sustainable economic growth for the state.

Speaking at the summit, Tulsi Tanti, chairman, Suzlon Group said, ''The MP Government has an impressive track record of delivering 11% all round economic growth in 2013-14, with a very impressive growth of 25% in the agriculture sector which is the highest in the world. This is indeed a testament of the state's progressive outlook and pro industry policies that offer a conductive business environment.''

''MP has not only emerged as one of the fastest growing states in the country but is a power surplus state as well, with close to 14000 MW installed capacity. The achievements of the state are credited to the astute leadership under the aegis of chief minister, Shivaji Singh Chouhan. We are confident, the MP governments thrust on enhancing its clean energy portfolio and industry growth will ensure sustainable growth across the state,'' he added.

Shares of the company declined Rs 0.53, or 3.97%, to trade at Rs 12.81. The total volume of shares traded was 2,820,815 at the BSE (11.47 a.m., Thursday).