Dalal Street Investments
Top

Suzlone Energy + BHEL

September 27, 2007

Suzlon Energy announced during market hours today, 27 September 2007, it has made a breakthrough into the Turkish wind energy market with an order for 31.5 Mega Watts (MW) of wind turbine capacity. The contract is for Ayen Enerji Co. Inc. and will be supplied through 15 units of Suzlon’s S88 – 2.1 MW turbines, Suzlon said.

Suzlon’s net profit had fallen 53.8% to Rs 89.40 crore on 10.1% decline in sales to Rs 839.19 crore in Q1 June 2007 over Q1 June 2006.

BHEL has secured an order from Steel Authority of India (Sail) for setting up a 62.2 mega watt (MW) captive power plant in Burnpur, West Bengal. The contract is worth Rs 765 crore. The plant will meet the power requirement of Sail’s expansion plan of IISCO Steel plant at Burnpur.

This contract is one of the largest-value single orders secured by the government-owned Bhel. Its order book now stands at Rs 65,000 crore. The project will be completed within 29 months.

Comments

Got something to say?






Bottom