Suzlon Wind Energy A/S (SWEAS), the International business arm of Suzlon Energy Limited - broke new ground with its first order in Sweden. The order from Triventus AB, the highly respected wind power developer and consultant in Sweden, comprises of two S88-2.1 MW wind turbines. The 4.2 MW Assjo Project, located 150 km from Goteborg and Stockholm, will be delivered by SWEAS through a contract that covers engineering, procurement and construction.

The project iwll be sold to Svensk Vindkorporativ Ek. Forening (SVEF), an active local wind power corporative after 6 months of oepration. Suzlon will also sign service and maintenance partnership agreement with Triventus Energiteknik AB, subsidiary of Triventus AB, which will be applicable to future Suzlon projects in Sweden as well as to ensure fast turnaround time and flexible service.
Sweden is a high potential wind market with more than 1000 MW wind power already installed making it the 10th largest installed base for wind within Europe. However, with almost 3000 MW more expected to be installed by 2013, and new orders of over 1000 MW over 2008-09 alone. Sweden ranks as the 6th larges wind market in Europe.

In 2009, the Swedish Government set forth an integrated climate and energy policy for up to 2020. This forms the most ambitious climate and energy policy ever presented by a European country and proposes highly ambitious targets including that half of Sweden's energy coming from renewable sources in 2020. Sweden's net emissions of greenhouse gases being equity to zero by the middle of the century with a 40% greenhouse emissions reduction target for 2020.

Speaking on the order, Mr. Erik Winther Pedersen - CEO, Suzlon Wind Energy A/S said, "This is our first step into the exciting and promising swedish wind market. We are very happy to take this step in partnership with Triventus AB laying the foundation for a strong future. We believe this is an example of our commitment and capabilities that allow us to create solutions that are optimized to the market conditions and our customer's needs."

Mr Gert-Olof Holst - Managing Director, Triventus AB said, "The project called for flexible wind turbine suppliers with an open profile towards operations and maintenance system and technology and Suzlon has worked very hard to meet our needs perfectly. We are confident of their products and services, and look forward to a mutually rewarding relationship in the long term."

Speaking on the order, Mr. Sumant Sinha - COO Suzlon Energy Limited said, "This marks the beginning of Suzlon's establishment in Sweden which with its far reaching vision on climate change and energy presents a very exciting market opportunity for us. This new order testifies to our customer centricity, and we look forward to expanding our footpring in Sweden and the world over.

Wells Fargo & Company (NYSE: WFC) is scheduled to announce its fourth quarter 2009 earnings on Wednesday, January 20, 2010, at 5 a.m. PST (8 a.m. EST). The news release will be available at wellsfargo.com/invest_relations/earnings.

The Company will host a live conference call on Wednesday, January 20, at 7:30 a.m. PST (10:30 a.m. EST). You may participate by dialing 866-872-5161 (U.S. and Canada) or 706-643-1962 (International). Please dial in at least 15 minutes prior to the start of the call. The call will also be available at wellsfargo.com/invest_relations/earnings.

Wells Fargo & Company (NYSE: WFC) is scheduled to announce its fourth quarter 2009 earnings on Wednesday, January 20, 2010, at 5 a.m. PST (8 a.m. EST). The news release will be available at wellsfargo.com/invest_relations/earnings.

The Company will host a live conference call on Wednesday, January 20, at 7:30 a.m. PST (10:30 a.m. EST). You may participate by dialing 866-872-5161 (U.S. and Canada) or 706-643-1962 (International). Please dial in at least 15 minutes prior to the start of the call. The call will also be available at wellsfargo.com/invest_relations/earnings.

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MIC Electronics has bagged a order worth RS18 mn from Western and Southern Railways from WIZCRAFT.


The company has trail orders worth Rs22.5mn received from Industrial houses and FMCG company for supply of LED Luminaries of 60 W to 120 W and few more in pipe line from industrial houses for LED Luminaries.


MIC Electronics Ltd has announced the installation of True Colour LED Video Display Systems for passenger Information at Hubli, South Western Railway, order worth Rs. 13.3mn

MIC Electronics Ltd has announced that the Register of Members & Share Transfer Books of the Company will remain closed from December 25, 2009 to December 30, 2009 (both days inclusive) for the purpose of Payment of Dividend & 21st Annual General Meeting (AGM) of the Company to be held on December 30, 2009.

The stock was trading at Rs.40.85, up by Rs.0.65 or 1.62%. The stock hit an intraday high of Rs.41.30 and low of Rs.40.30.

The total traded quantity was 153127 compared to 2 week average of 175875.