Suzlon gains on securing 100.80 MW wind power project order from ReNew Power

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

20 Apr 2017 Evaluate

Suzlon Energy is currently trading at Rs. 19.95, up by 0.10 points or 0.50% from its previous closing of Rs. 19.85 on the BSE.

The scrip opened at Rs. 19.90 and has touched a high and low of Rs. 20.15 and Rs. 19.90 respectively. So far 3590286 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 20.35 on 12-Apr-2017 and a 52 week low of Rs. 12.47 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 20.30 and Rs. 19.45 respectively. The current market cap of the company is Rs. 10023.68 crore.

The promoters holding in the company stood at 21.00%, while Institutions and Non-Institutions held 19.46% and 59.54% respectively.

Suzlon Group has won a fifth successive order from ReNew Power Ventures (ReNew Power) for its 100.80 MW wind power project. Suzlon will install 48 units of their latest S111 120m wind turbine generators (WIG) with a capacity of 2.1MW in ReNew Power's Limbwas project in Madhya Pradesh.

Suzlon will provide a comprehensive range of services including operation and maintenance services and dedicated life-cycle asset management services for an initial period of 10 years. This turnkey project for Suzlon is scheduled to be completed by March 2018. The project has the potential to provide power to over 54,000 households and reduce 0.20 million tonnes of CO2 emissions per annum.

Suzlon Group is one of the leading renewable energy solutions providers in the world with an international presence across 19 countries in Asia, Australia, Europe, Africa and North and South America.

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Havells India	1255.50
Siemens	3823.90
Apar Inds	12808.00
ABB India	7009.05
Waaree Energies	3229.35
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