Latest news with #S144WindTurbineGenerators
Business Standard
23-04-2025
- Business
- Business Standard
Suzlon Energy bags 378 MW wind energy project from NTPC Green Energy
Suzlon Energy has announced that it has secured a 378 MW wind energy project from NTPC Green Energy, bringing its total awarded capacity from NTPC Green Energy to 1,544 MW. According to an exchange filing, the company said, this win strengthens our undisputed market leadership and commitment to sustainable, large-scale growth. Under the terms of the contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW. Suzlon will also handle the foundation, erection, and commissioning of the project, in addition to providing ongoing maintenance and services. Girish Tanti, vice chairman of the Suzlon Group, said, "We are honored to be a strategic partner in NTPC's ambitious vision to accelerate Indias clean energy transition. As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind in powering Indias largest PSU's renewable journey by providing high-quality, affordable power. From our first project in Gujarat to expanding into Karnataka, our shared commitment to advancing Indias leadership in the global clean energy movement continues." JP Chalasani, chief executive officer of Suzlon Group, said, Securing major and high-quality projects in the PSU sector is a key part of our growth strategy, and our order with NGEL highlights the success of this approach. It shows our ability to deliver reliable solutions while supporting Indias clean energy goals. This partnership strengthens our role as a trusted partner in Indias renewable energy journey. Suzlon Energy is engaged in the business of design, development, manufacturing, and supply of wind turbine generators (WTGs). NTPC Green Energy (NGEL), promoted by Maharatna central public sector enterprise NTPC, is the largest renewable energy (excluding hydro) public sector enterprise in terms of operating capacity. shares of NTPC Green Energy (NGEL) shed 0.42% to Rs 107.45
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Business Standard
23-04-2025
- Business
- Business Standard
Suzlon wins 378 MW wind project from NTPC Green, total orders at 1,544 MW
This order strengthens Suzlon's market leadership and its commitment to sustainable, large scale growth Press Trust of India New Delhi Renewable energy solutions provider Suzlon on Wednesday said it has secured a 378 MW wind energy project from NTPC Green Energy, taking its total awarded capacity from the latter to 1,544 MW. This order strengthens Suzlon's market leadership and its commitment to sustainable, large scale growth, a company statement said. Furthering its strategic focus on building long term, high impact partnerships, Suzlon has just consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award of a 378 MW wind energy project, it stated. As part of this contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services. Suzlon Group Vice Chairman Girish Tanti said,"We are honoured to be a strategic partner in NTPC's ambitious vision to accelerate India's clean energy transition. As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind in powering India's largest PSU's renewable journey by providing high quality, affordable power. From our first project in Gujarat to expanding into Karnataka, our shared commitment to advancing India's leadership in the global clean energy movement continues.
Mint
23-04-2025
- Business
- Mint
Suzlon Energy share price in focus after fresh order win from NTPC, 15% rally in two weeks. Is it a stock to buy?
Stock market today: Shares of renewable energy firm Suzlon Energy hogged the limelight in trade on Wednesday, April 23, after it bagged a new mega order of 378 MW from NTPC Green Energy, consolidating its partnership with the company. 'Furthering its strategic focus on building long‐term, high‐impact partnerships, Suzlon has just consolidated its largest partnership with NTPC Green Energy Ltd. (NGEL) to 1,544 MW, with a recent award win of a 378 MW wind energy project. This win strengthens Suzlon's undisputed market leadership and commitment to sustainable, large‐scale growth,' Suzlon Energy said in an exchange filing today. As part of the contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services. This is the second order win for the company in less than a week. Earlier on Thursday, April 17, Suzlon Energy had bagged a 100.8 MW wind order from Sunsure Energy. Despite this update, shares of Suzlon Energy continued to languish in trade on Wednesday, defying the strong trend in the Indian stock market. Suzlon Energy share price, after opening marginally higher at ₹ 59.61 a piece, faced some profit taking after a sharp rally seen in the company's stock over the past two weeks. Suzlon Energy stock hit the day's low of ₹ 58.12, down nearly 2% from its previous closing price of ₹ 59.29 apiece. As of 10.28 am, the stock was trading 1.08% lower at ₹ 58.65. However, the stock has recorded strong gains in the short term, rallying 15% in the past two weeks. In the last one year, Suzlon Energy stock is up 41% while it has delivered multibagger returns of 2121% in the past years. First Published: 23 Apr 2025, 10:21 AM IST
Business Upturn
23-04-2025
- Business
- Business Upturn
Suzlon wins 378 MW wind project from NTPC Green Energy; total order book with NGEL reaches 1,544 MW
By News Desk Published on April 23, 2025, 09:52 IST Suzlon Energy Ltd on April 23 announced a significant order win from NTPC Green Energy Ltd (NGEL) for a 378 MW wind energy project, reinforcing its position as a leading player in India's renewable energy space. With this latest project, Suzlon's total order book with NGEL now stands at 1,544 MW. As part of the contract, Suzlon will supply 120 units of its S144 Wind Turbine Generators (WTGs), each with a rated capacity of 3.15 MW, equipped with Hybrid Lattice Towers (HLT). The project will be executed in the Gadag region of Karnataka. Suzlon will also undertake the foundation, erection, commissioning, and ongoing maintenance for the wind farm. This marks the second major order from NGEL in under eight months, reflecting the strong and growing partnership between the two companies. NGEL, a subsidiary of NTPC, has set an ambitious target to expand its renewable energy portfolio to 60 GW by 2032. Commenting on the development, Girish Tanti, Vice Chairman of the Suzlon Group, said, 'We are honored to be a strategic partner in NTPC's clean energy mission. This collaboration reflects the critical role wind energy plays in accelerating India's transition to a sustainable energy future.' JP Chalasani, CEO of Suzlon Group, added, 'Winning large-scale projects in the PSU sector validates our reliable technology and commitment to delivering high-quality renewable energy solutions. This partnership reaffirms our leadership in India's green energy landscape.' With this order, Suzlon continues to solidify its presence in the domestic wind power segment. The company currently manages approximately 15 GW of assets in India and has a global presence across 17 countries with a total installed capacity of 20.9 GW. Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Please consult a certified financial advisor before making any investment decisions. News desk at
