Introduction:
Leading green energy provider has secured a 201.6 MW repeat order from Oyster Renewable, expanding its partnership to 283.5 MW in Madhya Pradesh. This milestone strengthens renewable infrastructure and highlights growing demand for wind energy among commercial and industrial consumers.
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Share price movement of Suzlon Energy:
On February 12, 2025, Suzlon Energy Ltd. opened at ₹51.99, unchanged from its previous close of ₹51.99. The stock reached a high of ₹52.10 (0.21%) and a low of ₹49.10. By 1:07 PM, it traded at ₹51.85, down 0.27%, with a market cap of ₹70,762.70 crore.
Suzlon Secures 201.6 MW Repeat Order from Oyster Renewable:
Suzlon Group, India’s leading renewable energy solutions provider, has received a repeat order of 201.6 MW from Oyster Renewable. This order boosts Suzlon’s total partnership with Oyster Renewable to 283.5 MW in Madhya Pradesh within just nine months.
With this addition, Suzlon’s order book has reached a record-high 5.7 GW, reflecting strong demand for wind energy solutions. Notably, 59% of Suzlon’s total orders now come from Commercial & Industrial (C&I) consumers, underscoring the growing shift towards renewable energy among businesses.
The project will be executed in Madhya Pradesh with Suzlon supplying 64 advanced S144 wind turbine generators with Hybrid Lattice Towers, each having a 3.15 MW capacity. This development strengthens Madhya Pradesh’s renewable energy infrastructure and reinforces Suzlon’s role in India’s clean energy transition.
Recent news on Suzlon Energy:
As of January 28, 2025, Suzlon Energy Ltd reported a consolidated net profit of ₹387 crore for Q3, marking a 91% rise year-over-year. Revenue surged to ₹2,969 crore, while EBITDA more than doubled to ₹500 crore with a 16.8% margin.
Stock performance of Suzlon Energy for Period of 1 week, 6 months and 1 year:
Suzlon Energy Ltd faced short-term declines, with a 6.99% drop in the past week and a 35% fall over six months. However, its long-term growth remains strong, posting an 18.4% gain over the past year, reflecting resilience in the renewable sector.
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Shareholding pattern of Suzlon Energy:
| Dec 2024 | Sep 2024 | Jun 2024 | |
| Promoter | 13.30% | 13.30% | 13.30% |
| FII | 22.90% | 23.70% | 21.50% |
| DII | 9.30% | 9.00% | 9% |
| Public | 54.60% | 54.00% | 56.00% |
About Suzlon Energy:
Suzlon Energy Ltd (NSE: SUZLON) is a leading global renewable energy solutions provider. It manufactures wind turbine generators, offers project planning, execution, and O&M services, and specializes in designing, developing, and producing key wind energy components.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
