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Sanjay Ahuja

26th Aug · SEBI-Registered Analyst

SUZLON ENERGY WINS NEW ORDERS FROM TORRENT GROUP

SUZLON
has secured 1.1 GW of new orders in FY27, including a new 250 MW wind order from Torrent Green Energy, a Torrent Group company. Under this agreement, the company will supply 76 S144 wind turbines, each with a capacity of 3.3 MW, along with grid integration and long-term O&M (AMS) services. Additionally, SUZLON ENERGY is also eyeing investment in Andhra Pradesh of around Rs 10,000 crore to build 1,325 MW of new wind power capacity, part of a plan to hit 5 GW in the state by 2030. The projects will come up around Govindawada in Anantapur district's Rayadurgam constituency. SUZLON ENERGY is one of the leading global renewable energy solutions providers. Having a market cap of Rs 64,141 crore, the company has delivered good profit growth of 45% CAGR over last 5 years. Moreover, FIIs and DIIs have both increased stake in the company in the last 1 year.

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