Suzlon Energy witnessed a surge of over 4 percent in its shares on December 21 following the acquisition of a repeat order for a 193.2 MW wind power project from The KP Group. This venture is an integral part of the Wind-Solar Hybrid and STU’s (State Transmission Utility) tariff-based initiative aimed at enhancing Renewable Energy contributions within Gujarat.
As per the agreement, Suzlon will deliver 92 units of their S120 – 2.1 MW wind turbine generators (WTGs), featuring a 140 m Hybrid Lattice Tubular (HLT) tower, strategically located in Vagra and Vilayat within the Bharuch district of Gujarat.
At 12:29 pm, the shares were actively trading at ₹36.95, marking a 3.65% increase in value.
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Suzlon Energy