19 Apr 2025

Suzlon Energy Rises Nearly 2%, Secures 100.8 MW Wind Project from Sunsure Energy

Suzlon Energy is currently trading at RS. 55.41, up by 1.07 points or 1.97% from its previous closing of RS. 54.34 on the BSE.

The stock opened at RS. 54.38 and has touched a high of RS. 55.71 and a low of RS. 54.00 during the session. So far, 74,34,018 shares have been traded on the counter.

A BSE group 'A' stock with a face value of RS. 2, Suzlon Energy has recorded a 52-week high of RS. 86.04 on September 12, 2024, and a 52-week low of RS. 37.95 on May 13, 2024. Over the past week, the stock’s high and low stood at RS. 55.71 and RS. 52.18, respectively. The company's current market capitalization stands at RS. 75,641.24 crore.

In terms of shareholding, promoters hold 13.25%, institutions own 31.76%, while non-institutions account for 54.99%.

In a significant development, Suzlon Group has bagged a 100.8 MW EPC wind energy project from Sunsure Energy — marking Sunsure’s entry into the wind power segment. The project will be executed in Jath, Maharashtra.

Under the agreement, Suzlon will supply 48 advanced S120 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a capacity of 2.1 MW. The company will handle equipment supply, installation, project execution (including erection and commissioning), and post-commissioning operations and maintenance.

This project is set to strengthen Sunsure Energy’s renewable energy portfolio and help provide round-the-clock power to customers in Maharashtra.

Suzlon Energy, the flagship company of the Suzlon Group, is a leader in India’s wind energy sector — the fifth-largest wind energy market globally.