Wind power major Suzlon Energy Ltd has entered an agreement by Suzlon with Technomash, Bulgarian Industrial Group to deliver 12.6 MW of capacity through six of Suzlon S88-2.1 MW wind turbines.

The project will come up in the province of Dobrich in North-East Bulgaria, and be supplied in financial year 2009-2010.

In a separate release, Suzlon Energy has revealed its plans to raise $90 million (about Rs 434 crore) through issue of convertible bonds in international markets.

The firm can offer a total of $200 million worth zero coupon convertible bonds due October 2012, as per an agreement with the stakeholders.

Shares of the company closed today at Rs 94.20, down 1.46 per cent on the Bombay Stock Exchange.