MUMBAI (Commodity Online): Renewable energy major, Suzlon Energy Ltd (BOM:532667) has secured an order from Gujarat State Petronet Ltd (GSPL) to set up a 52.5 megawatt (MW) wind energy project in Rajkot and Porbandar districts of Gujarat.

The company stocks gained 4.23% to Rs.77.55 on the Bombay Stock Exchange (BSE), after the company announced the new order win during trading hours today, 4 March 2010. The company has bagged the order from Gujarat-based Gujarat State Petronet Ltd to supply wind turbines having a total capacities of 52.5 MW.

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The company did not reveal financial details of the order. The project is to be executed by July 2010, Suzlon Energy said in a filing with Bombay Stock Exchange.

Last month, Suzlon Energy's unit REpower won orders in France for supplying 26 wind turbines with a capacity of 52 megawatts.
The company had reported a net loss of Rs.285.14 crore in Q3 December 2009, lower than a net loss of Rs.390.93 crore in Q3 December 2008. Net sales fell 50.10% to Rs.748.68 crore in Q3 December 2009 over Q3 December 2008.

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