Suzlon Secures 204.75 MW Wind Energy Order from Jindal Renewables

Suzlon has received its third order from Jindal Green Wind 1, a subsidiary of Jindal Renewables, for a wind energy project with a capacity of 204.75 MW. This marks Suzlon’s largest order in the Commercial & Industrial (C&I) segment, bringing its total capacity with Jindal Renewables to 907.20 MW.

Previous Orders and Growing Order Book

Suzlon had earlier won two orders to supply wind energy for Jindal Steel’s plants in Chhattisgarh and Odisha, totalling 702.45 MW. With this latest order, Suzlon’s total order book has reached a record 5.9 GW, the highest in the company’s history. Currently, C&I customers account for 59% of Suzlon’s total orders.

Advanced Wind Turbines for Green Energy

Under this project, Suzlon will install 65 advanced S144 wind turbine generators (WTGs) with hybrid lattice towers (HLT), each with a capacity of 3.15 MW. The electricity generated will be used to power steel plants in Chhattisgarh and Odisha, supporting their shift toward cleaner energy and sustainability.

Commitment to Green Energy Expansion

Girish Tanti, vice chairman of Suzlon Group, highlighted that the company is expanding its green energy initiatives beyond Karnataka to Tamil Nadu, a leading state in wind energy adoption.

Bharat Saxena, president of Jindal Renewables, stated that this third order with Suzlon reinforces their commitment to sustainability and their goal of becoming a leading provider of decarbonization solutions.

About Suzlon 

Suzlon is a leading global provider of renewable energy solutions and a fully integrated manufacturer of wind turbine generators (WTGs). The company handles the entire process, from design and development to manufacturing key components such as rotor blades, tubular towers, generators, control systems, gears, and nacelles. 

As of March 5, 2025, at 12:19 PM IST, Suzlon Energy share price is ₹50.91, up 1.60% (₹0.80) for the day. The stock opened at ₹50.60, reached a high of ₹52.05, and a low of ₹50.52. Suzlon has a market capitalisation of ₹69,410 crore, a P/E ratio of 60.79, and no dividend yield. Its 52-week high stands at ₹86.04, while the 52-week low is ₹35.50.

Conclusion

This latest order strengthens Suzlon’s position in the renewable energy sector while supporting Jindal Renewables’ commitment to sustainability and decarbonisation.

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