Suzlon Energy gains after completing wind power project for NSE

Suzlon Energy rose 2.82% to Rs 21.85 at 15:30 IST on BSE after the company completed the wind power project for India's leading bourse National Stock Exchange of India.

The announcement was made during market hours today, 25 August 2015.

Meanwhile, the BSE Sensex was up 349.26 points, or 1.36%, to 26,090.82.

On BSE, so far 1.09 crore shares were traded in the counter, compared with an average volume of 77.98 lakh shares in the past one quarter.

The stock hit a high of Rs 22.90 and a low of Rs 19.80 so far during the day. The stock hit a 52-week high of Rs 31.35 on 19 March 2015. The stock hit a 52-week low of Rs 10.89 on 22 October 2014.

India's leading bourse, National Stock Exchange of India (NSE) completed 6.25 megawatts (MW) wind power project with Suzlon Group being the technical partner for supply & commissioning of the project.

The project completion is a milestone achievement for NSE and Suzlon since it is India's first Stock Exchange to deploy wind energy to off-set its captive power usage. The 65% of the energy consumption of NSE office located at Exchange Plaza building, Bandra-Kurla Complex (BKC) Mumbai will be met by this wind project. The project, comprising of 5 units of Suzlon's robust S66, 1250 kW WTGs, will help in reducing 12,730 tonnes CO2 emissions annually. The wind energy project is located at Satara, Maharashtra. Suzlon leveraged its end-to-end wind solutions expertise to oversee the project completion from start to end.

The Suzlon Group is a leading wind turbine manufacturer in India having a global presence with spread extending across Asia, Australia, Europe, Africa and North and South America.

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