Suzlon Energy Shares Surge 3% on Stellar Q2 Earnings  - Equitypandit

Suzlon Shares Trade Higher on Securing an Order from Torrent Power  – Equitypandit

Byaea2ede5_admin






Shares of Suzlon Energy Ltd were trading in the green and 1% higher on Friday, 24 January, after the company announced securing another hybrid order from Torrent Power for 486 megawatts (MW). 

With this order win, the collaboration now powers 1 gigawatt (GW) of wind energy in India. 

Under the agreement, Suzlon will deliver 162 S144 wind turbine generators, each with a capacity of 3 MW, mounted on Hybrid Lattice Towers, for a project in the Bhogat region of Gujarat.

This marks the fifth order placed by Torrent Power with Suzlon. However, the financial details of the contract have not been disclosed.

Girish Tanti, Vice Chairman, Suzlon Group, said, “We are proud to partner with Torrent, a pioneer in integrating renewables into their energy portfolio. Our decade‐long collaboration has reached a remarkable milestone ‐ 1 GW of cumulative orders across Gujarat and Karnataka. Built on trust, innovation, and a shared vision, this partnership has leveraged advanced technologies to deliver quality power to nearly 1 million households. Together, we remain committed to driving India’s energy transition and building a sustainable future.”

Earlier in December, the company and JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, expanded their collaboration with an additional 302.4 MW wind power project in Karnataka’s Koppal region to increase the country’s green steel production. 

However, at 2:10 pm, the shares of Suzlon Energy shed all their early gains and were trading 3.36% lower at Rs 52.48 on NSE. 

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