Suzlon Energy Ltd. Secures 381 MW Order
Suzlon Energy Ltd. witnessed a significant increase in its shares by over 6% during early trade on Friday following the announcement of a new order. The company revealed that it has secured a groundbreaking order of 381 MW from Zelestra India and its affiliated companies.
The Project Details
The project entails the installation of 127 of Suzlon’s S144 wind turbines, strategically distributed across different regions. Specifically, the turbines will be deployed in Maharashtra with a capacity of 180 MW, in Madhya Pradesh with an equal capacity of 180 MW, and in Tamil Nadu with 21 MW. This initiative marks a remarkable step towards harnessing renewable energy sources.
Serving Energy Needs
Suzlon’s endeavor is part of government-owned SJVN Ltd.’s FDRE bid in Maharashtra and Madhya Pradesh. Notably, the segment in Tamil Nadu aims to cater to the energy requirements of Commercial & Industrial (C&I) power consumers, highlighting a diverse yet sustainable approach.
Technical Insights
The S144 wind turbine generators involved in this project boast a rated capacity of 3 MW each, emphasizing efficiency and productivity. With this new order, Suzlon’s orderbook reaches an impressive 91%, underscoring the company’s commitment to advancing renewable energy solutions.
Pune-headquartered Suzlon Group has demonstrated a remarkable global presence with approximately 21.1 GW of wind energy capacity established across 17 countries. The company takes pride in its in-house research and development centers located in Germany, the Netherlands, Denmark, and India. Furthermore, Suzlon maintains world-class manufacturing facilities within the country, showcasing its dedication to sustainable energy practices.
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