Suzlon Energy Ltd.SUZLON₹63.68 +1.84%

In a strong reaffirmation of India’s clean energy drive, Suzlon Energy Ltd. has secured a 170.1 MW wind energy order from AMPIN Energy Transition, its third consecutive partnership with the renewable energy developer. The project will be executed in Kurnool, Andhra Pradesh, and is aimed at accelerating the decarbonization of India’s power distribution companies (DISCOMs), which remain a key bottleneck in the country’s energy transition journey.

The order will see Suzlon supply 54 of its advanced S144 wind turbine generators (WTGs) equipped with Hybrid Lattice Towers (HLTs), each with a rated capacity of 3.15 MW. In addition to equipment supply, the project scope includes complete installation, commissioning, and long-term operations and maintenance services.

With this latest order, Suzlon’s cumulative project capacity with AMPIN Energy stands at 303 MW. The continued collaboration between the two Indian energy players underscores a shared commitment to scaling clean, reliable, and locally manufactured renewable energy infrastructure across the country.

The project is expected to play a critical role in providing cost-effective green power to DISCOMs and industrial customers across sectors such as manufacturing, data centers, cement, and automotive.

Suzlon has given multibagger returns of more than 725% and 1,399% over the last three and five years, respectively.

Let’s take a look at its Factor Analysis scores:

Note: The stock price mentioned is as of 2:10 PM.

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CIN: U65990KA2021PTC146954.