Suzlon bags 100.8 MW repeat order from Orange Renewable

Chirag Gothi / 06 Oct 2015

Suzlon Group, one of the leading wind turbine manufacturers, has won a repeat turnkey order from Orange Renewable, an Independent Power Producer (IPP) for 100.8 MW to be installed in Beluguppa, Andhra Pradesh, India.

Suzlon Group, one of the leading wind turbine manufacturers, has won a repeat turnkey order for 100.8 MW from Orange Renewable which will be installed at a wind park in Andhra Pradesh.

Suzlon has won the second project order from Orange Renewable, an Independent Power Producer (IPP) for 100.8 MW to be installed in Beluguppa, Andhra Pradesh, India. The project will be commissioned starting FY2016-17.

The company further said it will offer operation and maintenance services for an initial period of 12 years through an Integrated Service Package. This repeat order reaffirms the customer's faith in Suzlon's product portfolio and service capabilities.

Mr. Ishwar Mangal, Chief Sales Officer, Suzion Group said, “The wind park comprises of 48 wind turbine generators of Suzlon’s S111 90m, 2.1 MW wind turbines. This innovative product features a rotor diameter of 111.8 meters with a swept area of more than 9500 square meters, making it one of the best wind turbines in its class.”

Orange Renewable is a developer and operator of renewable energy projects and a 100% subsidiary of AT Holdings Pvt Ltd, Singapore.

The stock is currently trading at Rs 22.30, up by Rs 0.60 or 2.76% from its previous closing of Rs 21.70 on the BSE.

If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.