Suzlon Energy’s stock jumped 3% after securing a significant expansion of its largest Commercial & Industrial (C&I) order with Jindal Renewables. The company has added 204.75 MW to its existing contract, bringing the total order capacity to 907.20 MW. This order, placed by Jindal Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, aims to drive India’s low-carbon steel revolution through sustainable energy solutions.
The expansion includes the installation of 65 advanced S144 wind turbine generators (WTGs), each with a 3.15 MW capacity, in Karur, Tamil Nadu. The generated power will be used for captive consumption in Jindal Steel’s plants in Chhattisgarh and Odisha, reinforcing India’s transition to green energy.
With this latest deal, Suzlon’s C&I customers now account for 59% of its total order book, which has reached a record 5.9 GW—the highest in the company’s history. This milestone strengthens Suzlon’s position as a leading player in India’s renewable energy sector.
Suzlon Energy’s shares opened at ₹48.85, reaching a high of ₹51.49 and a low of ₹48.52. The stock’s 52-week high stands at ₹86.04, while the low is ₹35.50.
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