Suzlon bags order from Uruguay
New Delhi: Wind turbine maker Suzlon Monday said it has bagged an order for setting up a 65 MW project in Uruguay.
"Suzlon Group announced a new contract win in Uruguay with a 65 MW project. The project is located in the southern Department of Colonia in the South American country," Suzlon said in a statement.
However, the company did not disclose the financial details of the order.
The project will be developed by Rouar S A, a joint venture between UTE, Uruguay's state-owned utility, and Brazilian utility Eletrobras, the largest in Latin America.
The wind farm will be supplied with 31 units of 2.1 MW wind turbine. Suzlon will be responsible for full EPC (engineering, procurement and construction) delivery for the project, scheduled for completion in September 2014, the statement said.
"We hope this first experience with Suzlon will be successful, and accomplish with our demanding project deadlines and quality standards," Gonzalo Casaravilla, President, UTE, said in the statement.
"This is a major order for the company and a big step forward in our push into South America. We are very pleased to deliver our first project in Uruguay and to partner with both UTE and Eletrobras through Rouar S A, and look forward to a long and constructive relationship," Tulsi Tanti, Chairman Suzlon Group, said.
Shares of Suzlon Energy were trading at Rs 7.18, up 3.01 per cent, on the BSE.