Suzlon Energy Ltd informed the BSE today, regarding receiving NEW orders totalling to 114 MW:

The market cut losses in mid-morning trade on media reports that the government will have a disinvestment road map in place in about three months to bridge the high fiscal deficit. This is very positive move and could end this long drawn correction in the markets..

Suzlon Ltd was recommended in this blog in the morning and now (today) this good news has come. Suzlon Energy (Tianjin) Ltd a subsidiary of Suzlon Energy Ltd further strengthened its presence in the Chinese Wind Energy Market with an order for 48.75 Kw. The contract for 39 sets of S.64--1.25 MW capacity was signed with Datang Power Co. The turbines under this order are expected to be delivered and commissioned by the third quarter of FY10. Suzlon Enegy (Tianjin) Ltd further got another order of 50MW. The contract for 40 units of 1.25 MW capacity was signed with Honiton.

Suzlon Energy Ltd got repeat order of 10 units of S.82--1.5 MW turbine from KS Oils Ltd. KS Oils Ltd Started with 2.5 Mw project in Madhya Pradesh with Suzlon and placed 6 orders with Suzlon Energy Ltd till date.