The Suzlon Group bagged contracts for wind energy capacity of 370 MW in the first three months of this year, with projects spread across Europe and India.
The wind power major will supply turbines for wind farms in Germany, the UK, India, Belgium and other European nations. In the fourth quarter of 2013-14, the company signed contracts for 370 MW, it said in a statement today.
"The orders represent not only the rapid globalisation of our business, but also the value proposition Suzlon has to offer to its clients," Suzlon Group Head (Corporate Finance) Kirti Vagadia said.
Group firm Senvion SE's CEO Andreas Nauen said it has suitable turbines for each individual site in the product portfolio. "That's why we are optimistic to extend our market share in Senvion's key markets," Nauen noted. Suzlon has an order book worth about USD 7.7 billion.
On April 25, 2014, Suzlon Energy closed at Rs 14.41, up Rs 0.10, or 0.70 percent. The 52-week high of the share was Rs 15.55 and the 52-week low was Rs 5.72. The latest book value of the company is Rs 9.72 per share. At current value, the price-to-book value of the company was 1.48.
The wind power major will supply turbines for wind farms in Germany, the UK, India, Belgium and other European nations. In the fourth quarter of 2013-14, the company signed contracts for 370 MW, it said in a statement today.
"The orders represent not only the rapid globalisation of our business, but also the value proposition Suzlon has to offer to its clients," Suzlon Group Head (Corporate Finance) Kirti Vagadia said.
Group firm Senvion SE's CEO Andreas Nauen said it has suitable turbines for each individual site in the product portfolio. "That's why we are optimistic to extend our market share in Senvion's key markets," Nauen noted. Suzlon has an order book worth about USD 7.7 billion.
On April 25, 2014, Suzlon Energy closed at Rs 14.41, up Rs 0.10, or 0.70 percent. The 52-week high of the share was Rs 15.55 and the 52-week low was Rs 5.72. The latest book value of the company is Rs 9.72 per share. At current value, the price-to-book value of the company was 1.48.
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