Green energy stock jumps 7% after expanding its C&I order by 204.75 MW with Jindal Renewables

Introduction:

A Leading Green energy company has expanded its Commercial and Industrial (C&I) order by 204.75 MW, bringing the total capacity to 907.20 MW. This addition will support steel plants in Chhattisgarh and Odisha, accelerating India’s transition to sustainable energy solutions.

Share price movement of Suzlon Energy:

On March 4, 2025, Suzlon Energy Ltd opened at ?48.90, down 1.60% from its previous close of ?49.71. The stock reached a high of ?51.48 (up 7.30%) and a low of ?48.57. By 11:21 AM, it traded at ?51.21, with a market cap of ?69,919.88 crore.

About Suzlon Energy:

Suzlon Energy Ltd. (NSE: SUZLON) is a leading renewable energy solutions provider with 20.9 GW wind capacity across 17 countries. Headquartered in Pune, it manages ~15 GW of assets in India and operates globally with advanced wind turbine technology.

Suzlon Expands C&I Order with Jindal Renewables by 204.75 MW:

Suzlon Energy Limited has secured a 204.75 MW wind power order from Jindal Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables. This addition brings Suzlon’s total C&I order capacity with Jindal to 907.20 MW, reinforcing India’s green energy transition.

The latest order includes 65 advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each rated at 3.15 MW. These turbines will be installed in Tamil Nadu’s Karur region, supplying renewable energy for steel plants in Chhattisgarh and Odisha.

With this expansion, Suzlon’s total order book now stands at a record 5.9 GW, the highest in the company’s history. C&I customers account for 59% of its total orders, reflecting strong industry demand for sustainable energy solutions in India’s industrial sector.

Recent news on Suzlon Energy:

As of February 12, 2025, Suzlon Energy Limited secured a 201.6 MW repeat order from Oyster Renewable, expanding their partnership to 283.5 MW in Madhya Pradesh, reinforcing India’s clean energy transition and increasing wind energy adoption among C&I consumers.

Stock performance of Suzlon Energy for Period of 1 week, 6 months, and 1 year:

Over the past week, the stock declined by 8.79%, extending its six-month loss to 34.5%. However, despite short-term volatility, it has delivered a 16.3% gain over the past year, reflecting resilience in the long-term growth trajectory.

Shareholding pattern of Suzlon Energy:

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