Suzlon Energy Limited
BOM:532667 ISIN:INE040H01013
Suzlon Energy Ltd (Suzlon) is an integrated wind power company. Its operations include to manufacturing, designing, developing and selling of wind turbine generators (WTGs) and gear box. Its other operations include sale/sub-lease of land, infrastructure development income and power generation income. The Company's main manufacturing plants at Daman, Pondicherry, Bhuj, Chhadvel (Dhule) and Vadodara. Its subsidiaries include AE-Rotor Holding B.V., AE-Rotor Techniek B.V., Cannon Ball Wind Energy Park- 1, LLC, Eve Holding NV, Hansen Drives Limited, Hansen Transmissions Inc., Hansen Transmissions International NV, Hansen Transmissions Limited , Hansen Transmissions Pty. Limited,Hansen Transmissions South Africa Pty. Limited and Hansen Transmissions Tianjin Industrial Gearbox Co Limited. The Company operates in India, Europe, United States and China. On October 9, 2007, the Company's wholly owned subsidiary Hansen Transmissions International N.V. acquired Lommelpark N.V., Belgium.
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Asian Activities Report for August 26, 2011 includes: Winmar Resources Limited (ASX:WFE) announced excellent results from the Winmar Deposit at the Hamersley Iron Ore Project in Western Australia; Newland Resources Limited (ASX:NRL) has commenced a drilling program on the Comet Ridge coal project in Central Queensland; King Solomon Mines Limited (ASX:KSO) has resumed drilling at Mud-house gold prospect within the Sonid North gold project; Fox Resources Limited (ASX:FXR) today announced the preliminary economic results of its Revised Scoping Study on the 100%-owned Radio Hill and Sholl Heap Leaching Projects in Western Australia; Suzlon Energy Limited (BOM:532667) announced a contract signed between REpower Systems SE and Wind Works Power Corp.(OTC:WWPW).
Asian markets are expected to drop after the plummet on Wall St. On Friday Japan's Nikkei stock average lost 3.1 per cent, sliding on economic woes and a tumble by Toshiba Corp after it was hit by news it may merge part of its chip operations, a loss forecast, and a ratings cut. The benchmark Hang Seng Index closed up 123.78 points, or 0.94 per cent, at 13,278.21. The Shanghai and Shenzhen stock exchanges open today after the week-long Chinese New Year holidays.
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