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Suzlon Energy
Suzlon on Tuesday said it has secured a 200 MW wind energy order from Ayana Renewable Power Ltd, marking the company's third devco-led wind order across two states -- Madhya Pradesh and Andhra Pradesh. A devco-led order is an integrated development model, where a renewable energy supplier provides end-to-end project execution from early-stage site development to complete construction. As part of the project, Suzlon will install 64 of its flagship S144 wind turbines, each with a rated capacity of 3.15 MW, a company statement said. With this order, Suzlon's flagship 3.x MW platform, S144, has also crossed the 10 GW milestone, it added. "With 55 GW+ wind potential at 150 metres, Madhya Pradesh is well positioned to be one of the key states which will drive the next phase of India's wind energy growth. We have won two consecutive wind orders from the state reflecting this growing momentum and the opportunity ahead," Girish Tanti, Vice Chairman and Co-Founder, Suzlon Group, said. The .
Wind turbine maker Suzlon on Tuesday said it has secured a new wind energy order of 250 MW from Torrent Green Energy. This sixth order from Torrent takes the cumulative partnership between the two companies to over 1.3 GW across three key states - Gujarat, Karnataka, and Madhya Pradesh, a company statement said. "For us, the true measure of success is not a single order, but partnerships that endure and grow over time. Torrent Green Energy has been one of our most valued partners for over a decade, and we are honoured that this relationship has grown into one of Suzlon's largest customer partnerships," Girish Tanti, Vice Chairman, Suzlon Group, said. Suzlon will supply 76 flagship S144 wind turbines (3.3 MW each) along with grid integration and long-term O&M (AMS) services, it informed. The company said it has secured over 1.1 GW of new orders in FY27 till now. "Customer confidence continues to be our biggest strength, which is reflected in 1.1 GW of new orders we've secured in ..
Suzlon Energy on Tuesday reported nearly 6 per cent fall in net profit at Rs 305 crore for June quarter FY27 due to logistic disruptions arising from geopolitical situation, investments and change of project mix. Net profit in the year-ago period stood at Rs 324 crore, a company statement said. However, total revenue rose to Rs 3,819 crore from Rs 3,117 crore. "We delivered a strong top-line performance this quarter, with revenue growing 23 per cent year-on-year, reflecting healthy execution and project deliveries. EBITDA & PAT margins were in line with ongoing developments , given the temporary logistic disruptions arising from the geopolitical situation, certain strategic investments, and change of scope and segment mix," Rahul Jain, Chief Financial Officer, Suzlon Group, said. Girish Tanti, Vice Chairman , Suzlon Group said: "Suzlon 2.0 is underway as we build 4 strategic growth engines with wind-led RE solutions, strengthen our technology, and focus on long -term customer ...
Suzlon Energy Ltd said it will move the Securities Appellate Tribunal (SAT) against a Sebi order imposing penalty of Rs 28.95 crore on the company, its two promoters and ex-CFOs over alleged misrepresentation of financial statements. In a BSE filing, the company stated that the Securities and Exchange Board of India (Sebi), through an order passed on May 29, 2026, set aside an earlier adjudication ruling on June 27, 2025. The earlier ruling had exonerated Suzlon Energy and its promoter-directors Vinod R Tanti, Girish R Tanti and former CFOs Kirti J Vagadi and Amit Agarwal without imposing any penalty regarding allegations of misrepresentation in financial statements between FY14 and FY18. "The company will be filing an appeal before the Securities Appellate Tribunal in respect of the SEBI order dated 29th May 2026," the renewable energy solutions provider said on Saturday. Capital markets regulator Sebi imposed a penalty of Rs 15.95 crore on Suzlon Energy Ltd (SEL), Rs 5.75 crore o