Suzlon Energy advanced over 2% and touched day’s high of Rs28.10, aftrte the company signs partnership agreement with CGN Wind Energy Co. Ltd, So far, 17.10 lakh shares have traded on the BSE as against the two-week average volume of 60.24 lakh shares.
Suzlon Group the world’s fifth largest wind turbine manufacturer announced the signing of a global strategic partnership agreement with CGN Wind Energy Co. Ltd (CGNWE). CGNWE is a wholly owned subsidiary of China Guangdong Nuclear Power Group. It is one of the largest wind power developers in China with installed capacity of around 3,000 MW.
The agreement calls for the development of 800 MW of domestic and international projects over the next three years. A working team has been set up to explore the most viable projects globally, covering countries such as Brazil, South Africa, India and China.
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Suzlon Group the world’s fifth largest wind turbine manufacturer announced the signing of a global strategic partnership agreement with CGN Wind Energy Co. Ltd (CGNWE). CGNWE is a wholly owned subsidiary of China Guangdong Nuclear Power Group. It is one of the largest wind power developers in China with installed capacity of around 3,000 MW.
The agreement calls for the development of 800 MW of domestic and international projects over the next three years. A working team has been set up to explore the most viable projects globally, covering countries such as Brazil, South Africa, India and China.
....more info