Suzlon Energy gets 48 mw order from French company

MUMBAI: Suzlon Energy has bagged orders to supply wind turbines totalling 48 mw from French energy company Valorem, the wind turbine maker said Thursday.

The company did not disclose the value of the order, but industry experts estimate that the order would be worth around Rs 300 crore. Suzlon’s German subsidiary, REpower Systems has in the past installed wind turbines for Valorem. As a part of the new order, REpower will provide the full maintenance of the windfarms for 10 years.

The order would be executed in 2014.

Shares of Suzlon Energy closed at Rs 6.71 on the Bombay Stock Exchange, up 5% from Wednesday.