Suzlon Energy shares upsurge over 6% after new order

Suzlon Energy shares jumped over 6% on Friday afternoon after it received a new order of 381 MW from Zelestra India and its affiliates. The shares were trading 6.3% higher at 65 per share on the NSE.

Suzlon Group has received an order of 381 MW from Zelestra India and its affiliates. The 381 MW project, which comprises 127 of Suzlon’s S144 turbines, will be spread across Maharashtra (180 MW), Madhya Pradesh (180 MW) and Tamil Nadu (21 MW). The project is a part of SJVN’s FDRE bid in Maharashtra and Madhya Pradesh, while the Tamil Nadu portion will serve commercial and industrial (C&I) power consumers.

This collaboration reflects a growing shift in the industry, where companies embarking on their renewable energy journey are turning to Suzlon as their trusted wind power partner. With proven end-to-end capabilities, from cutting-edge turbine technology to 25-year lifecycle support, Suzlon is empowering both corporate and utility companies to meet their decarbonisation goals with scale, reliability and speed.

Earlier, the company’s subsidiary Suzlon Power made progress by securing its third consecutive 170.1 MW order from AMPIN Energy Transition. In Q4 FY25, the company’s revenue grew 73% year-on-year to 3,790 per share on the NSE. While quarterly net profit grew 320% year-on-year to 1,181 crore. The orderbook for FY25 grew to 5.5 GW.

Suzlon Energy, the flagship company of the Suzlon Group, is a leader in the wind energy sector in India. Suzlon Energy shares are trading at stable to positive levels on a year-to-date basis.