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Suzlon Energy Hopped 4% on 100.8 MW Order Win from Everrenew Energy

The new order has increased the firm's cumulative order book to nearly 5.4 GW.

On July 17, Suzlon Energy’s share price rose 4% in early trade amid an order win of 100.8 MW from Everrenew Energy.


On July 14, Suzlon Group proclaimed a new order win for the growth of a 100.8 MW wind power project for Everrenew Energy Private Limited.


Suzlon Energy will connect 48 wind turbine generators (WTGs) of their S120 – 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu, and the project is anticipated to be commissioned in March 2024.

Suzlon will supply the wind turbines (equipment supply) and administer the execution and commissioning of the project.


On July 11, the company earned an order to expand a 47.6 MW wind power project for The KP Group. The project is positioned at Vagra in the Bharuch district of Gujarat and is predictable to be commissioned in 2024.


Suzlon will supply their S133 wind turbines (equipment supply) and supervise the execution and commissioning of the project. Suzlon will also offer inclusive operations and maintenance services post‐commissioning.


At 9:22 am, Suzlon Energy traded Rs 18.22, up Rs 0.52, or 2.94% on the BSE.
The share moved a 52-week high of Rs 18.54 and a 52-week low of Rs 5.43 on July 12 2023, and July 28 2022.
It trades 1.73% below its 52-week high and 235.54% above its 52-week low. Over three months, the share price rose 123%.

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