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Suzlon Energy bags order from France

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Suzlon Energy Ltd. is world’s fifth largest wind turbine maker. The company informed the market (BSE) that REpower Systems AG is its partner company in France in which it has 90.71% holding. The company gets order from France-based company EOLE-RES SA to supply 26 wind turbines of 2 MW each, generating a total capacity of 52 MW. These wind turbines are to be delivered and commissioned by October 2010.

Speaking on the order, Mr. Tulsi Tanti CMD of Suzlon Energy Ltd said “France is among the world’s leaders in wind energy installations, and an important market for REpower. We are pleased to welcome this order, which underlines REpower’s strong presence in the European wind market.”

Share’s Data :
BSE Code : 532667
Mkt. Cap: Rs 13357 Crores
P/E Ratio: -22.56
EPS (Rs): -3.13
Face Value : Rs 2
Last Dividend : 50% in May 2008
52 Week H/L : Rs 145.85 / 33.05
Suzlon Energy Ltd.share’s CMP is Rs 70.65 on 19th Feb 2010.

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