Suzlon Energy Ltd.

BSE: 532667 | NSE: SUZLON
Mid Cap | Electric Equipment
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Suzlon Energy bags 50.4 MW order from NALCO

Date: 16-06-2011

Suzlon Energy has received an order from the National Aluminium Company (NALCO) - Asia's largest integrated aluminum company to set up, operate and maintain 50.4 MW of wind energy projects in Andhra Pradesh. The order comprises 24 units of Suzlon’s S88 - 2.1 MW wind turbines which will be set-up in the Gandikota region, Kadapa district, Andhra Pradesh.

This order marks NALCO’s foray into the wind energy sector and this maiden project is scheduled for completion and commissioning by January, 2012. The power generated will be sold to the state electricity grid. NALCO plans to register the project under the Clean Development Mechanism (CDM).

Suzlon has posted a net loss of Rs 185.66 crore whereas the same was at Rs 1414.09 crore for the year ended March 31, 2010. Total income of the company is Rs 4698.06 crore for this year where as the same was at Rs 3731.82 crore for the year ago period.