Suzlon Energy gains on plan to supply 98MW project to Mytrah Energy

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

19 May 2015 Evaluate

Suzlon Energy is currently trading at Rs. 26.20, up by 0.05 points or 0.19% from its previous closing of Rs. 26.15 on the BSE.

The scrip opened at Rs. 26.40 and has touched a high and low of Rs. 26.45 and Rs. 26.10 respectively. So far 2,85,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 36.80 on 12-Jun-2014 and a 52 week low of Rs. 10.89 on 22-Oct-2014.

Last one week high and low of the scrip stood at Rs. 26.55 and Rs. 23.30 respectively. The current market cap of the company is Rs. 9,971.00 crore.

The promoters holding in the company stood at 28.39% while Institutions and Non-Institutions held 36.43% and 34.95% respectively.

Suzlon Energy of Suzlon Group will supply 98MW project to Mytrah at Nazeerabad in Ranga Reddy district of Telangana state. It is scheduled for commissioning in 2016. Suzlon’s role in the project involves installing and commissioning 47 WTGs of its revolutionary S97 120m Hybrid Tower WTGs with rated capacity of 2.1MW each. The order is part of the Business Partnership Agreement (BPA) signed with Mytrah in May 2010 to purchase 1 GW of turbines from Suzlon Group.

The project is the 3rd repeat order awarded by Mytrah to Suzlon Energy. Suzlon has already commissioned 310MW wind energy project for Mytrah so far and 205 MW is under execution in Rajasthan, Maharashtra & Andhra Pradesh.

Suzlon Group is a leading wind turbine manufacturer in India having a global presence with spread extending across Asia, Australia, Europe, Africa and North and South America. With over two decades of operating history, the group has a cumulative installations of over 14 GW of wind energy capacity, operations across over 17 countries, a workforce of over 6,900, a vertically integrated, low-cost India based manufacturing base and strong in house R&D set up in Germany, Netherlands, Denmark and India.

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)

08-May-2026 16:59 View Price Chart

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