Suzlon Group bags repeat orders from HPCL and NALCO
Wind turbine maker Suzlon Group has bagged two 50.4 megawatt (MW) order from Hindustan Petroleum Corporation Ltd (HPCL) and state-run NALCO for installation additional wind power capacity.
In a BSE filing today, Suzlon said it “has won a third order from HPCL for 50.40 MW capacity wind power project in India…The project is scheduled for completion by 2016-17.”
In a separate filing, the company announced it has bagged another order from National Aluminium Company Ltd (NALCO) and the project is scheduled for completion by 2016-17.
“NALCO’s cumulative Suzlon powered wind portfolio will increase to 100.80 MW post completion of this project,” it said.
Shares of Suzlon were trading at 3.54 per cent down at Rs 19.10 apiece on BSE.
Source: Economic Times