Shares of Suzlon Energy were trading in the green and 1.5% higher on 22 May after the wind energy major secured a fresh 195 MW order from Sunsure Energy, strengthening its position in India’s fast-growing renewable energy market.
The latest contract will see Suzlon supply and install 65 units of its S144 wind turbine generators, each with a rated capacity of 3 MW, for a project located in Karnataka’s Bijapur district.
With this new win, Suzlon’s cumulative sales from its advanced 3 MW turbine platform have nearly reached the 9 GW mark, highlighting rising demand for large-scale wind solutions across the commercial and industrial (C&I) segment. The order has also pushed the company’s Karnataka order book beyond 2 GW, making the state one of Suzlon’s strongest growth markets alongside Gujarat, Tamil Nadu, Rajasthan, and Maharashtra.
Suzlon Group Executive Vice Chairman Girish Tanti stated that demand for reliable round-the-clock renewable energy solutions continues to accelerate, especially among industrial consumers looking to reduce energy costs and improve sustainability targets.
The partnership between Suzlon and Sunsure Energy is now approaching 300 MW across multiple projects in Karnataka and Maharashtra.
Sunsure Energy is actively expanding its renewable portfolio across several Indian states, including Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka. The company aims to achieve 10 GW of operational renewable energy capacity by 2030, reflecting the broader momentum in India’s clean energy transition.
Over the past six months, Suzlon has also remained active on the regulatory front. The company recently informed exchanges about its upcoming Q4 FY26 board meeting to approve annual financial results and announced governance-related updates, including management changes and approvals linked to its corporate restructuring process.
At 11:45 am, Suzlon Energy shares were trading marginally higher at around Rs 53.35 on Friday, while the stock has largely remained range-bound over the past month and on a year-to-date basis.
Tired of guessing stocks to trade in daily?
Tradz by EquityPandit empowers you with powerful tools like daily stock scans for Intraday, Swing & Investing, Market Predictions and much more. Download the Tradz by EquityPandit app today and take control of your investments!
Live
