Hot Pursuit     15-Dec-23
Suzlon Energy gains on bagging wind power project in Gujarat
Suzlon Energy advanced 2.04% to Rs 38.09 after the company informed that it has secured 100.8 megawatt (MW) order for the development of 3 megawatt (MW) series from a global utility company in Gujarat.

Under this project, Suzlon will install 32 wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 MW each.

The company will execute the project with a scope of supply, supervision, and commissioning. Additionally, the firm will also undertake post-commissioning operation and maintenance services.

Girish Tanti, Vice Chairman, Suzlon Group said, "This order is in line with Suzlon’s reputation for worldclass wind energy solutions enabling industry leading companies from across the globe to trust us with their wind energy projects. The power generated from this project will serve the people of Gujarat with clean, green, renewable power.

As India's ambitions to be carbon neutral take momentum we are committed to partnering with all stakeholders every step of the way. The Suzlon 3 MW series is the next stage evolution of our proven technology, customized for the Indian wind regime and 3.15 MW is one of the largest wind turbines in the country today."

The Suzlon Group is one of the leading renewable energy solutions provider in the world with presence in 17 countries.

The company’s consolidated net profit jumped 81.1% to Rs 102.29 crore in Q2 FY24 as against a net profit of Rs 56.47 crore in Q2 FY23. Net sales shed 0.9% YoY to Rs 1,417.21 crore in Q2 FY24.

Previous News
  Suzlon Energy consolidated net profit rises 159.11% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   18:02 )
  Suzlon wins order of 551.25 MW wind power project from Aditya Birla Group
 ( Corporate News - 29-May-24   10:23 )
  Suzlon Energy gains on bagging order from Apraava Energy
 ( Hot Pursuit - 28-Dec-23   11:06 )
  Suzlon Energy bags order from EDF Renewables
 ( Hot Pursuit - 29-Feb-24   11:20 )
  Suzlon Energy to discuss results
 ( Corporate News - 27-Oct-23   17:33 )
  Suzlon Energy Ltd Surges 4.99%
 ( Hot Pursuit - 20-Jun-24   09:30 )
  Suzlon Energy Ltd leads losers in 'A' group
 ( Hot Pursuit - 01-Jun-23   15:00 )
  Suzlon Energy schedules board meeting
 ( Corporate News - 05-Jul-23   16:55 )
  Suzlon reaches 20GW of world-wide wind energy installations
 ( Corporate News - 05-Jun-23   15:10 )
  Suzlon Energy bags order from First Energy 5
 ( Hot Pursuit - 27-Apr-23   13:35 )
  Suzlon Energy gets approval for QIP issue
 ( Hot Pursuit - 10-Aug-23   09:09 )
Other Stories
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
Back Top