Suzlon Energy has bagged 23-MW order from GAIL (India) Ltd. The order consists of 11 units of Suzlon's S88 nearly 2.1 MW wind turbines, to be commissioned in Tamil Nadu and Karnataka by the end of the financial year 2011-12.
This is GAIL's fourth order with Suzlon, with first two projects located in Gujarat. The first 4.5 MW project, comprising Suzlon's S82 - 1.5 MW turbines, was commissioned in March 2010, and the second 14.7 MW project is currently under execution.
Speaking on the order, Mr Tulsi R. Tanti, founder, Chairman and Managing Director, Suzlon Group, said: "We are very pleased to announce our fourth order from GAIL, a 'Navaratna' PSU that has led the way with its approach to climate change mitigation and renewable energy.
The stock, however, tumbled 2 per cent at Rs 23.30 on the BSE.