Suzlon Energy gains as its group secures 838 MW order from Tata Power Renewable Energy
Suzlon Energy is currently trading at Rs 59.30, up by 1.23 points or 2.12% from its previous closing of Rs 58.07 on the BSE.
The scrip opened at Rs 58.24 and has touched a high and low of Rs 59.64 and Rs 58.24 respectively. So far 6530812 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52-week high of Rs 85.80 on 16-Sep-2024 and a 52-week low of Rs 46.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs 59.64 and Rs 56.75 respectively. The current market cap of the company is Rs 81,264.38 crore.
The promoters holding in the company stood at 11.74%, while Institutions and Non-Institutions held 33.19% and 55.07% respectively.
Suzlon Group has secured an 838 MW order from Tata Power Renewable Energy (TPREL), one of India’s largest renewable energy company, as part of its Firm and Dispatchable Renewable Energy (FDRE) project.
This collaboration highlights the synergy between Suzlon’s next-generation technology and Tata Power’s vision for scalable, grid-integrated clean energy, showcasing the power of ‘Made in India’ innovation to deliver reliable and efficient power solutions. 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.
This is 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.
Suzlon energy is the flagship company of Suzlon group, which is leader in wind energy in the India.
