Suzlon Energy stock jumps 2% on bagging 100.8 MW order from Sunsure Energy

Suzlon Energy stock jumps 2% on bagging 100.8 MW order from Sunsure Energy

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26 Aug, 2025 12:21

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The global renewable energy solutions provider Suzlon Energy’s shares gained two percent after bagging an order from Sunsure Energy on April 17.

Suzlon has secured a 100.8 MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy. The project is set to be executed in Maharashtra’s Jath region. Suzlon has secured a 100.8 MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy, said the firm in an exchange filing.

The project is set to be executed in Maharashtra’s Jath region. As part of this agreement, Suzlon will supply 48 advanced S120 wind turbine generators (WTGs) featuring Hybrid Lattice Towers (HLTs), each bearing a capacity of 2.1 MW. Suzlon’s aspect includes supplying wind turbines, equipment installation oversight, and full project execution, along with erection and commissioning.

Additionally, Suzlon will provide end-to-end operations and maintenance services following commissioning. This project will strengthen Sunsure Energy’s renewables portfolio and contribute to its objective of delivering ‘Round-The-Clock’ power to users in the state of Maharashtra.

Suzlon is enhancing the adoption of renewable energy among large corporations by partnering with Independent Power Producers (IPPs), playing a key role in supporting India’s clean energy transition. This initiative aligns with the country’s futuristic target of achieving 500 GW of non-fossil fuel capacity by 2030.

“Increasingly, Independent Power Producers (IPPs) are recognising wind's potential to make power more accessible, affordable, and high‐ quality. This transition not only supports our energy goals but also drives sustainable economic growth and innovation across the industry," stated JP Chalasani, CEO, Suzlon Energy.

Over the past year, Suzlon Energy’s stock has risen around 34 percent, as against a 8 percent gain in the benchmark Nifty 50.Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.