Revenue from operations increased by 73 per cent to ₹3,773.54 crore in Q4FY25; it had reported ₹2,179.20 crore revenue in the corresponding quarter last fiscal
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 Energy has secured a 100.8 MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy
The domestic brokerage gave the target of Rs 70 per share as the company is a global leader in wind energy with an installed capacity of 20.9 GW across 17 countries
The uptick in Suzlon's share price followed the news that the company had secured a third order of 204.75 MW from Jindal Green Wind 1 Pvt. Ltd., a subsidiary of 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 ..
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 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
The revenue of the company for the quarter under review rose 91.2 per cent to Rs 2,968.81 crore as compared to Rs 1,552.91 crore a year ago
Revenue from operations rose 91 per cent to Rs 2,968.81 crore for Q3FY25, compared with Rs 1,552.91 crore in the corresponding period last year
Renewables solutions provider Suzlon Energy on Tuesday posted 91 per cent jump in consolidated net profit at Rs 388 crore for December quarter on the back of higher revenues. The company had a net profit of Rs 203 crore in the quarter ended December 31, 2023, a company statement said. According to the statement, net revenue rose to Rs 2,969 crore from Rs 1,553 crore in the same period a year ago. The company also achieved record quarterly deliveries of 447 MW in October-December 2024. Manufacturing capacity reached 4.5 GW with revamped Puducherry and Daman Nacelle facilities. It also logged the highest-ever order book at 5.5 GW, and C&I and PSU now constitute 80 per cent of the total order book. "One emerging trend fuelling our growth is our strategic emphasis on Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers. As these organisations prioritise sustainability and renewable energy, we're delivering reliable, affordable solutions that power their
63 Moons, Mercury Ev-Tech, Axiscades, JSW Holdings, Indo Tech Transformers, Zaggle, Motisons, Sunflag Iron and EPACK Durable from the BSE Smallcap index were locked at 5% upper limit on Wednesday.
The uptick in Suzlon's share price followed the news that the company and Jindal Renewables have expanded their partnership with an additional 302.4 MW wind project
The renewable energy major's net profit was recorded at Rs 200.20 crore for Q2FY25, missing analyst estimates
Renewable energy solutions provider Suzlon's consolidated net profit almost doubled to Rs 201 crore in the September quarter compared to the year-ago period. The company reported a consolidated net profit of Rs 102 crore in the quarter ended on September 30, 2023, a statement said. Total income rose to Rs 2,121.23 crore in the second quarter of 2024-25 from Rs 1,428.69 crore in the same period a year ago. Girish Tanti, Vice Chairman, Suzlon Group, said, "Our core business is now on solid foundation to capitalise on the market momentum." Himanshu Mody, Chief Financial Officer of Suzlon Group, said, "In a relatively challenging environment due to prolonged heavy monsoons, we have been able to deliver consistent growth with robust margins and 96 per cent YoY profit. We are making long-term investments by implementing a slew of strategic measures to enhance our organisational capabilities and grow the business sustainably. This strategy will also help us in driving our competitiveness
Project is the largest commercial and industrial wind energy order in India, say companies
Suzlon Energy shares tanked up to 4.4 per cent at Rs 76.20 per share on the BSE in Thursday's intraday trade
Morgan Stanley has revised its stance on 6 utility stocks from Tata Power, Torrent Power to Suzlon Energy
Suzlon Energy stock price surged up to 3.27 per cent to record an intraday high of Rs 77.18 per share on the BSE on Monday
Suzlon the multibagger stock: In the last 18 months Suzlon has spent notable time below its 20-DMA only on four occasions; Chart suggests the stock could correct up to 25% from present levels.