"Suzlon Group has signed a contract for a 21.75 MW project with Sri Kumarswamy Mineral Exports Private Limited. The project comprises nine units of 1.25 MW and five units of 2.1 MW wind turbines," Suzlon Energy said in a statement. The project is set to be commissioned in the Dindigul and Tirunelveli district of Tamil Nadu by the end of March 2013.
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Sri Kumarswamy Mineral Exports Private Limited has an existing installed capacity of 29.25 MW from wind energy projects solely developed by Suzlon, operating in sites across Karnataka, Tamil Nadu and Maharashtra.
"We intend to capitalise on its multiple revenue offerings and value creation opportunities through this project. We see Suzlon as the right, long-term partner in our expanding wind energy business," Shantesh Gureddi, Managing Director, Sri Kumarswamy Mineral Exports Private Limited said.
"We are delighted to be working again with Sri Kumarswamy Mineral Exports Private Limited. This repeat order demonstrates the confidence our customers have in our products and service capabilities," Rohit Modi, CEO - India and emerging markets, Suzlon Energy Limited said.
Shares of Suzlon Energy were trading at Rs 21.50, up 1.90 per cent on BSE.
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