Shares of Suzlon Energy Ltd are trading flat after touching a dayβs high of Rs 52.65 on 17th December. This occurred despite the company saying it has signed two wind power contracts of 153 MW each with Yanara, extending their existing partnership.
This is the second repeat order Suzlon has received from Yanara in 2025, strengthening their ongoing partnership.
Under the contract, Suzlon will supply 102 S144 Wind Turbine Generators (WTGs). Each generator has a 3 MW capacity, taking the total project size to 306 MW.
The turbines will be installed for Yanaraβs firm and dispatchable renewable energy (FDRE) projects in Barmer, Rajasthan.
Suzlon said the deal helps it reinforce its leadership in Rajasthanβs wind energy market. It also allows Yanara to expand its clean energy portfolio across multiple technologies.
They currently hold a 44% market share in Rajasthan. This includes 2.3 GW of installed capacity out of the stateβs total 5.2 GW wind capacity.
The company is also executing another major engineering, procurement and construction (EPC) project of 791 MW in the state.
Power generated from these projects will partly meet Yanaraβs power purchase agreement commitments, including supplies to NTPC and NHPC.
Suzlon Group CEO JP Chalasani said the turbines are highly reliable even in extreme temperatures. This reliability highlights the companyβs technology strength and execution capabilities in Rajasthan.
At 10:48 AM, shares of Suzlon were trading 0.76% lower at Rs 52.27 on NSE.
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