Suzlon Energy’s stock gained over 4% after announcing an expanded partnership with JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables. The collaboration adds a 302.4 MW wind power project in Karnataka’s Koppal region, boosting the total order to 702.4 MW—the largest commercial and industrial (C&I) deal in Suzlon’s history.
Key Details:
- Capacity Milestone: Jindal Renewables’ total order grows to 702.4 MW.
- Cutting-Edge Technology: Suzlon will supply 96 S144 wind turbines, each with a 3.15 MW capacity.
- Sustainability Impact: Energy will power steel plants in Chhattisgarh and Odisha, promoting green energy adoption and sustainable steel production.
- C&I Growth: C&I customers now represent 56% of Suzlon’s order book, which has reached a record 5.4 GW.
Suzlon Energy opened at ₹65.90 today, reaching a high of ₹68.20 and a low of ₹65.34 during trading. The stock remains below its 52-week high of ₹86.04 but significantly above its 52-week low of ₹33.90.
As of 11:40 am, Suzlon Energy shares were trading 4.20% higher at Rs 68.15 on the NSE.
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