Suzlon Energy share price rose nearly 10%, after the order win news release came on the exchanges. The market cap of the company is Rs nearly 5700 cr. The 52 week high on the stock is Rs 8.45 and the 52 week low is Rs 2.65.

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Suzlon Energy wins an order to supply 120 units of S120-140m HLT with rated capacity of 2.1 MW each from CLP India. The Project is to be completed in 2022 in Sidhpur, Gujarat with total installed capacity of 252 MW. A project of this size can provide electricity to 1.83 lakhs households and curb 8.28 lakhs tonnes of CO2 emissions per year. 

The S120-140m WTGs feature the time tested Doubly Fed Induction Generator (DFIG) technology that efficiently integrates wind turbines into the utility network, to meet the grid requirements. Suzlon's next generation turbines are designed to optimally harness wind resources at higher altitudes making low wind sites viable. 

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Suzlon Group, India’s largest renewable energy solutions provider, today announced its new order win for development of a 252 MW wind power project from CLP India. Suzlon will install 120 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, with rated capacity of 2.1 MW each. The project is located in Sidhpur, Gujarat and is expected to be commissioned in 2022. Suzlon will execute the project with a scope of supply, foundation, erection and commissioning. Suzlon will also provide comprehensive operation and maintenance services post commissioning.

Ashwani Kumar, CEO, Suzlon Group said, “We are delighted to partner again with CLP India for their Wind Energy Project in Sidhpur, Gujarat. CLP and Suzlon have enjoyed a long and fruitful association and share a common vision for an energy secure India powered by sustainable and renewable sources of energy. This is the first big order that we have announced post our debt restructuring closure in line with our plans to restart business operations and lead the Indian Wind Energy market from the front. We are seeing an increased interest from all our stakeholders and customer segments to invest in renewable energy. Suzlon’s expertise in the Indian Wind Energy Market over the last 25 years offers convenience and reliability to customers for setting up wind power projects in India’s varied wind regimes.”

About The Suzlon Group:

The Suzlon Group is one of the leading renewable energy solutions providers in the world with a footprint across 18 countries in Asia, Australia, Europe, Africa and Americas. Headquartered at Suzlon One Earth in Pune, India; the Group comprises Suzlon Energy Limited (NSE & BSE: SUZLON) and its subsidiaries. A vertically integrated organization, with over twenty five years of operational track record, the group has a cumulative global installation of over 18.8 GW of wind energy capacity, over 5,600 employees with diverse nationalities and world-class manufacturing facilities. Suzlon is the only Indian wind energy company with a large in-house Research and Development (R&D) set-up in Germany, the Netherlands, Denmark and India. Over 12.8 GW of the Group’s installation is in India, which makes up for 34% of the country’s wind installations, making Suzlon the largest player in this sector. The Group is the custodian of over 12.8 GW of wind assets under service in India making it the 3rd largest Operations and Maintenance Company (over 8,900 turbines) in Indian power sector. The Group has 1.0 GW of wind assets under service outside India