Page 2 - Revised List News Today

RLMM or Revised List of Models & Manufacturers listing is an important milestone required for the successful commercialisation of the product, the company filing said. S144 – 3 MW series of wind turbines are extendable to 3.15 MW.

Suzlon Energys S144, 3 MW-3.15 MW wind turbine series received the Revised List of Models & Manufacturers Listing from the new and renewable energy ministry, paving the way for its commercialisation

Sulzon Energy shares climbed 4.79 per cent to Rs 40.49 per cent on BSE. The stock has surged 8.5 per cent in the four sessions. Suzlon Energy said it has already installed the first prototype of the series at a hub height of 160m.

Information technology (IT), which jumped 2.59% in the previous session, extended gains to add 0.75%, still helped by an improved rate outlook in the U.S. IT companies earn a significant share of their revenue from the U.S.

Suzlon Energy stock price: The fresh bout of buying on the counter came in following the company's filing to BSE where it suggesting Suzlon received RLMM for its S144, a 3 MW series of wind turbines from MNRE.

An investment of Rs 1 lakh made a year ago in this Suzlon Energy stock would have now turned into Rs 4,18,62,000.

Suzlon s S144 3 MW Turbine Secures RLMM Listing From MNRE

Renewable energy solutions provider Suzlon Group announced on Wednesday that its S144 – 3 MW series of wind turbines has secured the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy (MNRE).

Based on the OI percentage, 83 stocks were on the short-covering list. These include Manappuram Finance, MRF, Indiabulls Housing Finance, Bosch, and Dalmia Bharat.

"We will be expanding our capacity in four phases. The present capacity is 1.5 GW where we are manufacturing 300 wind turbine generators. In the next five years we plan to reach 5 GW capacity annually and in another two years after that, we will commission 10 GW annually," Milind Kulkarni, chief operating officer, Adani Wind, told ET.