1 week ago
Suzlon Shares Fall Despite 250 MW Torrent Wind Order
Suzlon makes equipment for producing electricity from wind.
It received a new order from Torrent Green Energy for 76 wind turbines.
Together, the turbines are described as a 250-megawatt project.
Suzlon will also connect the turbines to the electricity grid and maintain them for a long time.
This was the sixth order Torrent has placed with Suzlon.
Their combined partnership now covers 1,306 megawatts in three Indian states.
Suzlon said it received more than 1.1 gigawatts of orders in FY27.
However, Suzlon’s share price still fell during trading.
Suzlon shares fell to Rs 46.56 in early trading and later stood at Rs 46.74, down 0.45%.
Suzlon secured a 250 MW wind-energy order from Torrent Green Energy, its sixth order from the company.
The contract covers 76 S144 wind turbines, each rated at 3.3 MW, plus grid integration and long-term operations and maintenance services.
The cumulative Suzlon-Torrent partnership has reached 1,306 MW across Gujarat, Karnataka and Madhya Pradesh.
Suzlon said it had secured more than 1.1 GW of new orders in FY27 and has installed over 22,000 MW across 17 countries.
- Who
- Suzlon Energy and Torrent Green Energy; Suzlon executives Girish Tanti and Ajay Kapur commented on the order.
- What
- Suzlon secured a 250 MW order to supply 76 S144 turbines and provide grid integration and long-term operations and maintenance services.
- Where
- The partnership covers Gujarat, Karnataka and Madhya Pradesh, with the latest order strengthening Suzlon’s presence in Madhya Pradesh, India.
- When
- The articles refer to FY27 and report trading during the stated session; no specific calendar date is provided for the order.
- Why
- The order supports wind-energy development and expands a long-term commercial partnership between Suzlon and Torrent Green Energy.
Market Reaction
Company Outlook
Share-price response
Market Reaction
Suzlon shares remained in the red despite the order, falling to Rs 46.56 before later trading at Rs 46.74, down 0.45%.
Company Outlook
Suzlon presented the order as evidence of customer confidence and continued demand for its wind-energy solutions.
Meaning of the contract
Market Reaction
The immediate market reaction was negative, suggesting the order did not prevent a decline in the stock during the reported trading session.
Company Outlook
Suzlon said the contract strengthens its presence in Madhya Pradesh and extends one of its largest customer partnerships.
Key facts
- Order size
- 250 MW from Torrent Green Energy
- Turbines
- 76 S144 wind turbine generators
- Turbine rating
- 3.3 MW per turbine
- Partnership total
- 1,306 MW across six orders
- Additional services
- Grid integration and long-term operations and maintenance
- FY27 orders
- More than 1.1 GW, according to Suzlon
- Installed capacity
- More than 22,000 MW across 17 countries
Quotes
Girish Tanti
Vice Chairman of Suzlon Group
“It is a reminder that in renewable energy, trust is earned through consistent performance, and long -term partnerships create the confidence to build India's energy future together.”
businesstoday.in
“Customer confidence continues to be our biggest strength, which is reflected in 1 .1 GW of new orders we've secured in FY27.”
businesstoday.in
Sources
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