Suzlon soars on winning 100.8 MW repeat order from ReNew Wind Power Ventures

Suzlon Energy Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 532667 | NSE: SUZLON

05 Jun 2014 Evaluate

Suzlon Energy is currently trading at Rs. 29.70, up by 1.25 points or 4.39% from its previous closing of Rs. 28.45 on the BSE.

The scrip opened at Rs. 29.25 and has touched a high and low of Rs. 29.85 and Rs. 28.85 respectively. So far 4968357 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 29.85 on 05-Jun-2014 and a 52 week low of Rs. 5.72 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 29.85 and Rs. 21.22 respectively. The current market cap of the company is Rs. 7935.71 crore.

The promoters holding in the company stood at 38.80% while Institutions and Non-Institutions held 29.27% and 31.66% respectively.

Suzlon Group, the world’s fifth largest wind turbine manufacturer has been awarded a 100.8 MW order by ReNew Wind Power, India’s leading IPP in the wind energy sector. The project is scheduled for execution at the Bhesada wind Site, Jaisalmer district in state of Rajasthan. As per the agreement, the group will not only supply 48 units of its robust S97-120 m WTG’s but will also oversee operations, maintenance and service of the wind site over the contracted period.

The S97-120 WTG’s is set to change the dynamics of the wind energy business. This is Suzlon’s maiden order for its new towers that is specially designed with a 120 m hub height. The innovative S97- 120m tower design is a combination of Lattice & Tubular structure making it the tallest wind tower in India. The towers are designed to harness the optimal available wind resources and deliver higher energy productivity, which in turn ensures higher ROI to customers.

ReNew Wind Power projects in Gujarat & Maharashtra are powered by Suzlon turbines. ReNew Wind Power currently deploys Suzlon WTG’s for 100+ MW at their wind farms in Gujarat & Maharashtra and- this will be the 3rd successful order placed with Suzlon Group. This repeat order demonstrates, the confidence customers have with the company’s products and service capabilities.

Suzlon Energy Share Price

54.98 -0.67 (-1.20%)

08-May-2026 16:59 View Price Chart

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