Suzlon Energy In Focus After Signing Strategic Renewable Energy Pact with Korean Giant GS E&C
India, April 21 -- Shares of India's largest wind energy company came into focus after it was reported that the company had signed a Memorandum of Understanding with GS Engineering & Construction Corp. (GS E&C), a South Korean EPC conglomerate, at the India-Korea Business Forum held in New Delhi. The MoU, signed in the presence of Union Commerce Minister Piyush Goyal and Korean Trade Minister Yeo Han-koo, covers collaboration on renewable energy project development and optimisation of related energy solutions in India.
With a market capitalisation of Rs. 72,841.91 crore, the shares of Suzlon Energy Limited were last quoted at Rs. 53.11, up 1.16 percent from its previous close of Rs.52.5. The stock was trading at a P/E of 22.29.
The Suzl...
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