Hot Pursuit     25-Aug-23
Suzlon Energy gains on order win
Suzlon Energy jumped 3.16% to Rs 22.17 after the company received large order for its 3 MW series of wind turbines from Teq Green Power XI, part of O2 Power.
According to the order, Suzlon will install 64 of its largest wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 3.15 MW each for the 201.6 MW wind power project. The project is expected to be commissioned in 2025.

This project will enable O2 Power to provide electricity to around 1.66 lakh households and curb about 6.55 lakh tonne of CO2 emissions per year.

Suzlon will supply the wind turbines (equipment supply) and execute the project including erection and commissioning. It will also provide operation and maintenance services post‐commissioning.

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

Suzlon Energy's consolidated net profit tumbled 95.85% to Rs 100.90 crore in Q1 FY24 as compared with Rs 2,433.33 crore posted in Q1 FY23. Revenue from operations declined 2.18% year on year (YoY) to Rs 1,347.52 crore in the quarter ended 30 June 2023.

Previous News
  Suzlon Energy consolidated net profit declines 9.21% in the March 2024 quarter
 ( Results - Announcements 24-May-24   16:25 )
  Suzlon Group wins an order for 72.5 MW wind power project
 ( Corporate News - 07-Mar-24   10:47 )
  Suzlon wins 201.6 MW wind power project
 ( Corporate News - 25-Aug-23   16:29 )
  Suzlon Energy receives upgrade in credit ratings from CRISIL
 ( Corporate News - 27-Mar-24   09:36 )
  Suzlon wins 29.4 MW wind project from BrightNight
 ( Corporate News - 22-Sep-23   10:55 )
  Suzlon Energy wins order for 39 MW wind power project
 ( Corporate News - 27-Apr-23   11:23 )
  Suzlon bags order for development of 29.4 MW wind capacity from BrightNight
 ( Hot Pursuit - 22-Sep-23   12:29 )
  Suzlon Energy allots 20.39 cr equity shares on conversion of debentures
 ( Corporate News - 27-Dec-21   09:54 )
  Suzlon Energy reports consolidated net loss of Rs 823.53 crore in the March 2020 quarter
 ( Results - Announcements 07-Jul-20   11:19 )
  KPI Green Energy places order of 193.2 MW wind turbines to Suzlon Energy
 ( Corporate News - 21-Dec-23   10:35 )
  Suzlon Energy jumps on bagging 72.45 MW order from Juniper Green Energy
 ( Hot Pursuit - 07-Mar-24   10:47 )
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