Suzlon jumps 3% as REpower wins contract

REpower signed contract for delivery and construction of 22 wind turbines in Poland

Suzlon has jumped 3.5% this afternoon at Rs 17.10 on news that its subsidiary,  REpower Systems has signed a contract for delivery and construction of 22 wind turbines in Poland for the country's biggest wind farm project.

It has signed the contract with WSB Neue Energien GmbH for supply of MM92 turbines, each with a rated power of 2.05 MW, intended for the Taczalin project near Legnica in the Polish province of Lower Silesia, Suzlon said in a statement.

Shares of Suzlon opened at Rs 16.55 and surged to a high of Rs 17.14. Around 1.58 million shares have been traded on the BSE so far, as against a two week average of 1.82 million shares.