Suzlon

Suzlon to transition entire vehicular fleet to electric vehicles by 2035

Renewable energy solutions provider Suzlon on Wednesday said it will transition its entire vehicular fleet to electric mobility by 2035. After committing to power all its facilities with 100 per cent renewable energy by 2030, Suzlon has taken another bold step in its sustainability journey by joining the global EV100 initiative of Climate Group, a company statement said. As part of this, Suzlon will transition its entire fleet to electric vehicles by 2035, further reducing carbon emissions, lowering fuel consumption, and strengthening India's march towards Net Zero, it stated. EV100 is a global initiative by Climate Group that brings together leading companies committed to accelerating the transition to electric vehicles and making electric transport the new normal by 2030. This commitment entails Suzlon electrifying 655 vehicles across its operations, covering both owned and leased vehicles in the 3.5T and 3.57.5T categories. This initiative directly supports the reduction of Sco

Suzlon bags 838 MW project order from Tata Power Renewable Energy

Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project. This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, each with a rated capacity of 3.15 MW, strategically located across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW). The project is part of the FDRE bids awarded to SJVN and NTPC. "As Tata Power Renewable Energy embarks on a strategic transformation to achieve 100% clean power by 2045, we're proud to support this ambitious journey with our advanced, 'Made in India' wind technology. Our partnership, spanning over a decade and marked by the third repeat order, underscores our shared ...

Suzlon's S144 wind turbine sets record with lowest carbon footprint

Renewable energy solutions provider Suzlon on Tuesday said its 'Made in India' wind turbine model, S144, has recorded the lowest product carbon footprint of 6.17 gCO2 per kilowatt-hour of electricity generated. This achievement has been independently verified by Indian Register Quality Systems (IRQS), a certification and testing organization, a company statement said. "With the S144, we prove that world-class clean energy can be designed and built sustainably in India. "Our next step is to move from lowest-carbon manufacturing to true circularity, setting new benchmarks for the renewable energy industry," said JP Chalasani, Chief Executive Officer, Suzlon Group. Recently, TV SD Poland, a globally renowned 150-year-old certification and testing organization, also verified S144 as a low-carbon footprint wind solution, the statement added. Suzlon has redesigned the turbine to cut steel use by 2.5 times, incorporating recycled steel and scrap, while sourcing 83.25 per cent of componen

What to do with Suzlon Energy post Q1? Brokerages decode stock strategy

At 10:20 AM, Suzlon Energy share price was trading 3.06 per cent lower at ₹61.19 per share. In comparison, BSE Sensex was trading 0.31 per cent higher at 80,484.64 levels.

Suzlon Energy Q1 results: Net profit rises 7% to ₹324 cr on higher revenues

Suzlon Energy on Tuesday posted a 7.3 per cent rise in its consolidated net profit to Rs 324.32 crore for the June quarter, driven mainly by higher revenues. The company had posted a net profit of Rs 302.29 crore in the corresponding quarter last year, a company statement stated. Total income of the company rose to Rs 3,165.19 crore from Rs 2,044.35 crore in the same period a year ago. The company stated it received 1 GW of orders in the quarter, taking its total order book to 5.7 GW. The company said it has recorded consistent growth in its order book over the last 10 quarters and achieved its highest-ever deliveries of 444 MW in Q1. The EBITDA rose to Rs 599 crore in the quarter, up from Rs 370 crore in the year-ago period. Girish Tanti, Vice Chairman, Suzlon Group, said, "The rising demand from C&I and PSU customers, along with a strong base of repeat orders, reflects the trust in Suzlon's technology leadership and execution capabilities." Himanshu Mody, Chief Financial ...

Motilal Oswal bets on India's wind sector, recommends buying this stock

Key growth drivers include India's sizeable underutilised manufacturing base-currently operating at only 20-25 per cent of its ~18GW annual WTG capacity-and strong domestic engineering expertise.

Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool

Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said. The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition ...

Suzlon wins 378 MW wind project from NTPC Green, total orders at 1,544 MW

Renewable energy solutions provider Suzlon on Wednesday said it has secured a 378 MW wind energy project from NTPC Green Energy, taking its total awarded capacity from the latter to 1,544 MW. This order strengthens Suzlon's market leadership and its commitment to sustainable, large scale growth, a company statement said. Furthering its strategic focus on building long term, high impact partnerships, Suzlon has just consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award of a 378 MW wind energy project, it stated. As part of this contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services. Suzlon Group Vice Chairman Girish Tanti said,"We are honoured to be a strategic partner in NTPC's ambitious vision to accelerate India's clean energy ..

Suzlon secures 204.75 MW wind energy order from Jindal Renewables

Renewable energy solutions provider Suzlon on Tuesday said it has bagged a 204.75 MW wind energy order from Jindal Renewables. The new order was bagged from Jindal Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables. Suzlon will supply 65 state-of-the-art S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each rated at a 3.15 MW capacity, a company statement said. The order will be executed in the Karur region of Tamil Nadu. This partnership is Suzlon's largest Commercial & Industrial (C&I) order with a cumulative capacity of 907.20 MW. Earlier, Suzlon secured two orders to power Jindal Steel's plants in Chhattisgarh and Odisha, adding 702.45 MW of wind energy. "Building on our initial successes in Karnataka, we're now expanding the Low CO2 Steel movement to Tamil Nadu, a trailblazer in wind energy," Girish Tanti, Vice Chairman, Suzlon Group, said Currently, C&I customers account for 59 per cent of Suzlon's total order book, which has now reached a ..

Adani Green, Suzlon, Swan Energy: Stocks with biggest drop in PE ratio

Within the large-cap 100 universe, stocks from Adani group - Adani Green Energy and Adani Energy Solutions - have witnessed a 63 per cent and 54 per cent fall in their PE since September 2024-end

Suzlon bags order from Oyster Renewable to supply wind turbine generators

Suzlon Group on Wednesday said it has secured a repeat order from Oyster Renewable to supply 64 wind turbine generators each having a rated capacity of 3.15 megawatts (MW). It will supply 64 wind turbine generators (WTGs) of S144 series with Hybrid Lattice Towers (HLT) to Oyster Renewable in Madhya Pradesh, the company said in a statement. "Suzlon Group has secured a repeat order of 201.6 MW from Oyster Renewable, reasserting its leadership in India's wind energy sector. With this latest addition, Suzlon's partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh within just nine months," it said. Girish Tanti, Vice Chairman, Suzlon Group, said, "After working with us for commissioning, Oyster has now trusted Suzlon with a full EPC order, reinforcing our position as the preferred renewable energy partner." J P Chalasani, Chief Executive Officer, Suzlon Group, said, Madhya Pradesh has become a key wind energy hub. This is company's 5th repeat order this ...

Suzlon Energy at 5% upper limit, zooms 16% in 3 days on Q3; analysts upbeat

Suzlon Energy shares have jumped 16 per cent over the last three trading sessions on the back of robust Q3FY25 results, which were supported by strong execution

Suzlon, Jindal Renewables expand partnership with new wind power project

Suzlon's total order book now stands at a highest ever 5.4GW. Its stock soars almost 4% on Wednesday

Suzlon gets Jindal Renewables wind plant deal for green steel production

Project is the largest commercial and industrial wind energy order in India, say companies

After nearly 300% rise in 1 year, does Suzlon stock have more upside left?

Suzlon share price today: From a level of Rs 20.25 seen on August 16, 2023, Suzlon share price has zoomed 295 per cent in one year to quote at Rs 79.93 per share as on Friday

Suzlon secures 103.95 MW wind project from AMPIN Energy Transition

Renewable energy solutions provider Suzlon Group on Tuesday said it has secured a 103.95 MW wind project from AMPIN Energy Transition. As part of the agreement, Suzlon will supply wind turbines and execute the project, including erection and commissioning, at Fatehgarh district of Rajasthan, a company statement said. Suzlon will install 33 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each. It will also undertake comprehensive operations and maintenance services post-commissioning. The project is part of the hybrid project under various bids from SECI and C&I (Commercial & Industrial) customers. A project of this size can provide electricity to 85,000 households and curb 3.38 lakh tonne of CO2 emissions per year. Vivek Srivastava, CEO, India Business, Suzlon Group, said: "Suzlon and AMPIN Energy Transition are committed to the expansion of renewable energy in India. Going forward, we will see the industry add on increasing ...

Suzlon Group gets 82 megawatt wind energy project from Oyster Green

Suzlon Group on Friday said it has secured a wind energy project of about 82 megawatt (MW) from Oyster Green Hybrid One Pvt Ltd. It will install 26 wind turbine generators (WTGs), each having a rated capacity of 3.15 MW at Oyster Green's site at Agar in Madhya Pradesh, the company said in a statement. "Suzlon secures a new order of 81.9 MW for the 3 MW series from Oyster Green Hybrid One Private Limited," it said. As part of the agreement, Suzlon will supply the wind turbines and execute the project, including erection and commissioning. The company will also undertake comprehensive operations and maintenance services post commissioning. "The electricity generated from this project will target the C&I customer segment, creating a deeper penetration of renewable energy in India. We are committed to powering the industry with sustainable green energy to power their progress while meeting their net-zero ambitions," Vivek Srivastava, Chief Executive Officer, India Business, Suzlon ...

Suzlon Group bags 551 MW wind energy project from Aditya Birla Group

Suzlon Group on Wednesday said it has secured an order for a 551.25 MW wind power project from Aditya Birla Group. The order is to be executed across two sites in Rajasthan and Gujarat, Suzlon Group said in a statement. While 368.55 MW will be developed by Suzlon in the Barmer district of Rajasthan, another 182.70 MW will be developed at the site by the client in the Bhuj district of Gujarat, the company said. The power generated from this project will be utilised for captive usage within the Aditya Birla Group companies. Suzlon will install a total of 175 Wind Turbine Generators (WTGs), each having a rated capacity of 3.15 MW, at sites in the Barmer district of Rajasthan and the Bhuj district of Gujarat. Suzlon will also undertake operations and maintenance services post-commissioning at both sites. Girish Tanti, Vice Chairman, Suzlon Group, said, "We are delighted to partner once again with the Aditya Birla Group for this order. Suzlon admires and shares the value of nation-bui

110 stocks from BSE 500 index more-than-doubled in FY24

The BSE 500 index zoomed 39 per, while Sensex was up 25 per cent in FY24. IRFC was the top gainer, up 439% followed by Suzlon and HUDCO.

Bear Hammering: Paytm, Adani Power among 1,010 stocks at lower circuit

As many as 1,010 stocks were locked at their respective lower circuit on the BSE in late noon deals on Wednesday amid the broader market sell-off.