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Suzlon Group Bags $387 Mln. New Wind Turbine Orders Across Europe

Suzlon Energy Ltd. said its Group-subsidiary REpower Systems SE had obtained wind turbine orders aggregating to $387 Mon. for 276 MW across Europe over a two month period, excluding orders announced separately.

These cover various orders secured between February 11 and April 15, 2012 across Italy, France, Germany, Poland and the United Kingdom.

The product mix includes the latest 3.4104 and 3.2M114 turbines, in addition to MM82 and MM(2 models, the company said.

The projects include several wind farms in Germany featuring REpower's latest 3.4M104 and 3.2M114 turbine models, with 3.4 and 3.2 MW of rated power respectively. Other orders will feature turbine of the MM92 and MM82 types.

REpower Systems Chief Executive Officer Andreas Nauen said, "These orders highlight our competitive positioning across highly competitive European wind markets. With our focus on technology and customer centricity, we have the right products and services to lead the growth in the sector."
Suzlon Group Chairman Tulsi Tanti commented, "These orders clearly underscore the continuing momentum in the wind sector in developed European markets. With our strong competitive positioning as a Group, we are poised to maintain our strong growth momentum across global markets."

At the BSE, Suzlon Energy shares are currently trading at Rs.23.45, unchanged from the previous close.

by RTTNews Staff Writer

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