Suzlon Energy shares jump over 9%. Here's why

Shares of Suzlon Energy surged over 9% to Rs 80.47 on the BSE. The increase follows reports that Suzlon is competing to supply wind turbines to Tata Power. Tata Power seeks bids for a total capacity of 3 gigawatts. Earlier, Suzlon received warning letters from NSE and BSE over corporate governance issues raised by an Independent Director.