"Suzlon Group has signed a binding term sheet and received advance payment for execution of 197.040 MW with one of the leading Independent Power Producers (IPP)," Suzlon Energy Ltd said in a BSE filing.
It further said, "Suzlon will supply, install and commission of 47 wind turbines of S97-120 m hybrid tower and 47 wind turbines of S111-90 m tubular tower with rated capacity of 2.1 MW each. Project to be executed in Anantapur district, Andhra Pradesh by February 2017."
Suzlon Energy Chief Sales Officer Ishwar Mangal said, "The repeat order reaffirms customer faith in our product portfolio, execution and service capabilities... With our strong customer base, next generation technology products, end-to-end solutions and best-in-class services, Suzlon is best equipped to capitalise on the growing opportunities in India."
Shares of Suzlon Energy were trading at Rs 21.60, down 0.23% from previous close on BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)