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Suzlon Energy in demand on bagging 24 MW wind power project in Brazil

Suzlon Energy Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 532667 | NSE: SUZLON

11 Jan 2012 Evaluate

Suzlon Energy is currently trading at Rs 20.10, up by 0.45 points or 2.29% from its previous closing of Rs 19.65 on the BSE.

The scrip opened at Rs 19.90 and has touched a high and low of Rs 20.30 and Rs 19.50 respectively. So far 2954678 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 58.45 on 21-Apr-2011 and a 52 week low of Rs 17.25 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs 20.30 and Rs 17.65 respectively. The current market cap of the company is Rs 3581.39 crore.

The promoters holding in the company stood at 54.84% while Institutions and Non-Institutions held 16.67% and 28.33% respectively.

Suzlon Energia Eolica do Brasil subsidiary of Suzlon Group, has bagged new order from the Servtec group to set up, operate and maintain a 24 MW (megawatt) wind power project in the state of Ceara, Brazil. The project is a partnership between Servtec and the Brazilian investment fund manager, Rio Bravo Investimentos, and will comprise of 12 units of Suzlon’s S95 - 2 MW wind turbines.

The project is scheduled to be commissioned in phases by December 2013 and is expected to offset over 43,000 tonnes of CO2 annually. This is the second partnership between energy and engineering major Servtec and Suzlon, which already has 155 MW of wind capacity operating across four wind farms in Ceara.

Recently, Suzlon Energy’s step-down wholly owned subsidiary - REpower Systems SE, Germany - won a 22 MW order whereby the company will deliver eleven turbines to a project in Portugal. The project will contain eight turbines of the REpower MM92 and three of the MM82 type.

Suzlon Energy is the flagship company of the dynamically growing Suzlon Group. Suzlon energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. The company now has global presence in five continents with manpower of over 13,000 people located in 14 countries.

Suzlon Energy Share Price

52.94 2.68 (5.33%)

17-Apr-2026 16:59 View Price Chart

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Suzlon Energy in demand on bagging 24 MW wind power project in Brazil

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