NTPC Green Energy awards 1,544 MW Wind Projects including a new 378 MW order to Suzlon

Furthering its strategic focus on building long‐term, high‐impact partnerships, Suzlon has just consolidated its largest partnership with NTPC Green Energy Ltd. (NGEL) to 1,544 MW, with a recent award win of 378 MW wind energy project. This win strengthens Suzlon's undisputed market leadership and commitment to sustainable, large‐scale growth.

As part of this contract, Suzlon will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT) each with a rated capacity of 3.15 MW, and also undertake foundation, erection, and commissioning for the project and will provide maintenance and services.

Girish Tanti, Vice Chairman, Suzlon Group, said, "We are honored to be a strategic partner in NTPC's ambitious vision to accelerate India's clean energy transition. As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind in powering India's largest PSU's renewable journey by providing high‐quality, affordable power. From our first project in Gujarat to expanding into Karnataka, our shared commitment to advancing India's leadership in the global clean energy movement continues."

JP Chalasani, Chief Executive Officer, Suzlon Group, said, "Securing major and high‐quality projects in the PSU sector is a key part of our growth strategy, and our order with NGEL highlights the success of this approach. It shows our ability to deliver reliable solutions while supporting India's clean energy goals. This partnership strengthens our role as a trusted partner in India's renewable energy journey."

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 107.35 as compared to the previous close of Rs. 107.90. The total number of shares traded during the day was 705585 in over 5512 trades.

The stock hit an intraday high of Rs. 112.70 and intraday low of 106.75. The net turnover during the day was Rs. 76869968.00.

Shares of Suzlon Energy Limited was last trading in BSE at Rs. 59.98 as compared to the previous close of Rs. 59.29. The total number of shares traded during the day was 15610979 in over 41899 trades.

The stock hit an intraday high of Rs. 60.15 and intraday low of 58.12. The net turnover during the day was Rs. 927106410.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration SuzlonEnergy INE040H01021 OrderWin