Suzlon subsidiary REpower got new order in UK

One of the india's power sector major and Wind turbine maker Suzlon announced its subsidiary REpower which UK based one has won an order from Renerco to supply eight 2.05 MW turbines for its 16.4 MW Cotton Farm wind farm in Cambridgeshire. REpower would be supplying 8 MM92 wind turbines which will be having a rated output of 2.05 MW each. once this is installed for Cotton Farm wind farm, then they will be able to supply power to nearly 10,000 homes in a year, This constraction is scheduled to start in Oct 2011 and is expected to be completed by Feb 2013.

"This is the 2nd order we have got from Renerco. Earlier we won the contract to supply five MM92 turbines for its earls hall wind farm in Dec 2011. The cotton farm wind farm adds to our growing portfolio with Renerco, and we look forward to working with them again," REpower UK MD Rick Eggleston said. Since its launch in 2004, REpower UK has delivered 37 onshore wind farms in England, Scotland & Wales and two offshore wind farms, with this order Renerco will be completely busy in 2012 to complete the major portion of work. This may help them to prove again in this wind turbine field. because of this the relationship between Renerco and REpower will get strengthen.

As of now suzlon is trading in indian stock market at very low price. today, it got ended with 24.45. If they get some more new projects they can bounceback from this lower level.

2 comments:

jyoti yadav said...

Suzlon Energy current price is 9.82
with profit of 0.08 (+0.82%)
points. so tell me next trading calls.
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