Shares of Suzlon Energy Ltd turned green and were trading 1% higher on Wednesday, 23 April, after the company announced that it has secured an additional 378 megawatt (MW) order from state-run NTPC Green Energy Ltd.(NGEL), expanding its largest cooperation with them.

Suzlon Energy has now received its second order from NTPC Green Energy in the previous eight months. Suzlon’s overall order with NTPC Green Energy now stands at 1,544 megawatts.

Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW under the new deal. This project will be carried out in Karnataka’s Gadag region.

The company will also be responsible for the project’s foundation, installation, and commissioning, as well as maintenance and services.

Suzlon Group Vice Chairman Girish Tanti said, “As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind in powering India’s largest PSU’s renewable journey by providing high‐quality, affordable power.”

NTPC Green Energy awarded Suzlon Energy its highest wind energy order of 1,166 MW in September of last year.

At 12:13 pm, the shares of Suzlon Energy were trading 0.79% higher at Rs 59.74 on NSE.

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