Synergy Green Industries Ltd updates on order from Senvion Wind Technology

Senvion Wind Technology (SWT), one of the fastest growing wind OEM in India has finalized the development order for 4 MW Parts. This development is projected to complete during FY 2024-25 and commence serial production in FY 2025-26. Synergy Green has developed such parts in larger platforms to Vestas & Siemens Gamesa and presently in serial production.

SWT has already allocated Rs.62 Crores orders on 2 MW platform for FY 2024-25, and with addition of 4 MW parts, this order book is estimated to grow by 100% during next two years.

Synergy Green is in to manufacturing of large size critical castings to Wind Turbine Parts with stateof-the-art facilities located at Kolhapur (Maharashtra) and established as a reliable supplier to all major Global Wind OEM's.

The aforesaid information on order book projections is based on customer's forecast and Share of Business Allocation to Synergy Green. As such the members and investors are advised to take note of it before any decision of investments.

Shares of Synergy Green Industries Ltd was last trading in BSE at Rs. 348.10 as compared to the previous close of Rs. 329.20. The total number of shares traded during the day was 11900 in over 911 trades.

The stock hit an intraday high of Rs. 361.65 and intraday low of 338.05. The net turnover during the day was Rs. 4181341.00.

Source : Equity Bulls

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SynergyGreenIndustries INE00QT01015 Order Finalization 4MW WindParts