Suzlon Group bags two orders from HPCL, NALCO

Wind turbine maker Suzlon Group has bagged two 50.4 megawatt (MW) order from Hindustan Petroleum Corporation Ltd (HPCL) and state-run NALCO for installation additional wind power capacity.

In a BSE filing today, Suzlon said it "has won a third order from HPCL for 50.40 MW capacity wind power project in India...The project is scheduled for completion by 2016-17." In a separate filing, the company announced it has bagged another order from National Aluminium Company Ltd (NALCO) and the project is scheduled for completion by 2016-17.

"NALCO's cumulative Suzlon powered wind portfolio will increase to 100.80 MW post completion of this project," it said.

Shares of Suzlon ​at 1224 hours on BSE Sensex was trading down 3.54%, or Rs 0.70 at Rs 19.10 per piece.