Suzlon Energy receives order from Edison Mission Group

Suzlon Energy Ltd has announced that Suzlon Wind Energy Corporation, the USA, the step-down subsidiary of the Company has signed a contract for a total of 300 units of S88-2.1 MW turbines i.e. 630 MW of wind turbine capacity with Edison Mission Group of Irvine, California, the USA. The two phase contract calls for delivery of 315 MW of turbine capacity in 2008 and another 315 MW of capacity in 2009.

The stock closed the day at Rs.1310.20, down by Rs.43.80 or 3.23%. The total traded quantity was 168709 compared to 2 week average of 479328. The stock hit an intraday high of Rs.1360 and low of Rs.1301.25.

Source : Equity Bulls

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