Suzlon gains as its arm bags contracts to supply 26 MW in Burgundy, France

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

04 Jun 2013 Evaluate

Suzlon Energy is currently trading at Rs. 10.91, up by 0.33 points or 3.12% from its previous closing of Rs. 10.58 on the BSE.

The scrip opened at Rs. 10.70 and has touched a high and low of Rs. 11.02 and Rs. 10.40 respectively. So far 2027993 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 26.90 on 06-Feb-2013 and a 52 week low of Rs. 10.58 on 03-Jun-2013.

Last one week high and low of the scrip stood at Rs. 13.52 and Rs. 10.58 respectively. The current market cap of the company is Rs. 2248.48 crore.

The promoters holding in the company stood at 44.46% while Institutions and Non-Institutions held 16.16% and 39.14% respectively.

Suzlon Group - subsidiary - RE power Systems SE has concluded two-contracts with ABO Wind for the supply of 13 wind turbines. The turbines of MM92 type will be installed for two wind farms in Burgundy. The wind farms will generate a total output of more than 26 megawatts (MW).

The MM92 wind turbines with a hub height of 80 meters and a rated power of 2.05 MW will be utilized for these two wind farms: Clamecy wind farm with six wind turbines MM92 type is located in la Nievre departement. Seven turbines MM92 type are destined for the wind farms of Mige and Escamps, located in Yonne departement. They will generate a total output of more than 26 MW for Burgundy region. The first machines will be delivered for fall 2013 and the commissioning is planned for winter 2013/14. REpower will also provide the full maintenance of the wind farms for 15 years.

Suzlon Group comprises of Suzlon Energy and its subsidiaries, including Repower Systems SE. Suzlon Energy is leader in wind energy in the India, which is world’s fifth largest wind energy market. Its business model has range of services that include development, manufacturing, marketing, EPC project delivery and operations and maintenance of wind turbine generators around the world.

Suzlon Energy Share Price

53.30 -1.68 (-3.06%)

11-May-2026 16:59 View Price Chart

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