Suzlon Energy arm inks ‘new framework pact’ with EUFER

Suzlon Energy arm inks ‘new framework pact’ with EUFERSuzlon Wind Energy Espana S.L.U., Spain, a step-down wholly owned subsidiary of Suzlon Energy Limited has secured a new framework agreement with EUFER (joint-venture between ENEL Green Energy and Spanish Utility UNION FENOSA for renewable energy business in Spain and Portugal).

The scope of work includes supply and installation of Suzlon 2.1 MW wind turbines for wind farms totaling 224.5MW.

These machines are proposed to be installed up to financial year 2010-2011.

The shares of Suzlon Energy today settled the day at Rs 83, down 4% compared to previous close of Rs 86 on BSE.