Suzlon Energy Soars on Securing 100.8 MW Wind Energy Project from Sunsure Energy

Mumbai, April 17, 2025 — Shares of Suzlon Energy surged nearly 2% in early trade on the Bombay Stock Exchange (BSE) after the renewable energy giant announced it had secured a 100.8 megawatt (MW) wind power EPC order from Sunsure Energy. The stock was trading at ₹55.41, up by ₹1.07 or 1.97% from the previous close of ₹54.34.

Suzlon to Supply 48 High-Tech Wind Turbines

The project will be executed in Jath, Maharashtra, marking Sunsure Energy’s maiden entry into the wind energy segment. Under the agreement, Suzlon will supply 48 units of its S120 wind turbine generators (WTGs), each with a rated capacity of 2.1 MW, mounted on Hybrid Lattice Towers (HLT).

Suzlon will oversee the complete turnkey execution of the project, including:

• Wind turbine supply and installation

• Erection and commissioning

• Post-commissioning operations and maintenance services

This order underscores Sunsure Energy’s commitment to offering Round-The-Clock (RTC) renewable energy solutions to its customers in Maharashtra.

Market Reaction and Trading Snapshot

• Opening Price: ₹54.38

• Day’s High: ₹55.71

• Day’s Low: ₹54.00

• Volume Traded: Over 7.4 million shares

• Market Cap: ₹75,641.24 crore

The stock has been showing positive momentum, with a one-week high of ₹55.71 and a low of ₹52.18. Suzlon hit its 52-week high of ₹86.04 in September 2024 and a 52-week low of ₹37.95 in May 2024.

Strategic Significance

This wind energy project strengthens Suzlon’s dominance in India’s wind energy sector—the fifth largest wind energy market globally. As the flagship company of the Suzlon Group, the firm continues to lead the clean energy transition by deploying advanced wind turbine technology and turnkey renewable solutions.

The project win is also expected to boost Suzlon’s order book and reinforce its position in the competitive EPC wind market, especially as industrial and commercial energy consumers seek RTC renewable energy solutions.

Shareholding Snapshot

• Promoter Holding: 13.25%

• Institutional Holding: 31.76%

• Non-Institutional Holding: 54.99%