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Thursday, March 4, 2010

Suzlon bags wind energy project from GSPL in Gujarat

Wind turbine manufacturer Suzlon Energy today said it has bagged a contract from Gujarat State Petronet Ltd (GSPL) for setting up 52.5 MW wind energy project in Gujarat.

The company would set-up, operate and maintain GSPL's 52.5 MW wind energy project in Rajkot and Porbandar, Suzlon Energy said in a filing to the Bombay Stock Exchange.

As part of the contract, the company would supply 35 units of Suzlon S82-1.5 MW wind turbine generators that would generate 52.5 MW of power, the filing said.

The project is scheduled to be completed and commissioned by July 2010, the filing added.

The company, however, has not disclosed financial details of the project.

Pursuant to the order, the overall wind power installed capacity of GSPL's parent company -- Gujarat State Petroleum Corporation Ltd -- stands at 105 MW in Gujarat, it added.

"GSPL is a leading player in developing energy transportation infrastructure in Gujarat and this repeat order, after the successful execution of the first project for the parent company GSPCL, is an endorsement of our customer's trust in Suzlon's technology, services and capabilities," Suzlon President-South Asia and the Middle East Ashok D'sa said.

Shares of Suzlon Energy were trading at Rs 74.90 on BSE, up 0.67 per cent from its previous close.

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