Suzlon Vitality shares soar 2% after the co luggage its largest FY26 order
The order, which represents Suzlon’s second-largest order ever, shall be executed throughout three states and marks a big increase to its order ebook and progress visibility within the renewable vitality sector.
In line with the corporate’s announcement, the 838 MW venture shall be a part of Tata Energy Renewable Vitality’s Agency and Dispatchable Renewable Vitality (FDRE) venture and can contain the availability, set up, and commissioning of 266 “Made in India” S144 wind generators, every with a rated capability of three.15 MW.
The venture websites are strategically unfold throughout Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW), underscoring Suzlon’s functionality to ship large-scale, grid-integrated clear vitality options.
That is Suzlon’s third main order from Tata Energy and displays the robust collaboration between the 2 firms to speed up India’s clear vitality transition.
“As Tata Energy Renewable Vitality embarks on a strategic transformation to realize 100% clear energy by 2045, we’re proud to help this bold journey with our superior, ‘Made in India’ wind know-how. Our partnership, spanning over a decade and marked by the third repeat order, underscores our shared dedication to India’s vitality transition. We share a deep-rooted imaginative and prescient of making modern vitality options that aren’t solely dependable and cost-efficient but in addition designed to seamlessly combine with India’s One Grid system,” stated Girish Tanti, Vice Chairman, Suzlon Group.Additionally read: SEBI’s curb on weekly F&O expiry: Feroze Azeez explains what it may imply for buyersWith this order, Suzlon continues to play a crucial position in assembly the nation’s rising demand for twenty-four/7 renewable energy and supporting its bold decarbonisation targets.
The corporate highlighted that the order underscores the power of its next-generation know-how and “Made in India” manufacturing capabilities, reinforcing its management within the wind vitality market. Suzlon additionally famous that this order follows its 1,544 MW order from NTPC Inexperienced Vitality, making it a milestone achievement in its journey towards enabling dependable and scalable renewable energy infrastructure.
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