5.9 GW Order Book: Stock Below Rs 60 Secures 105 MW Order for Newly Launched 5 MW Wind Turbine

On Tuesday, Indian benchmark indices traded higher, with the Nifty 50 gaining 38.10 points, or 0.16 per cent, to 23,984.35. Amid the positive market sentiment, Suzlon Energy share price was trading at Rs 57.68, up 0.82 per cent, after the company announced that it had secured a 105 MW wind energy order from Sunsure Energy for its recently launched S175 (5.0 MW) wind turbine platform.

Suzlon's New 5 MW Turbine Wins First Commercial Order

Suzlon Energy announced that its S175 (5.0 MW) wind turbine has secured its first commercial order within just two weeks of its launch. The company has received a 105 MW order from Sunsure Energy, reinforcing customer confidence in Suzlon's next-generation wind energy technology. This is also Sunsure Energy's third order with Suzlon in the last 14 months, taking the cumulative partnership between the two companies to 400.8 MW.

The project will be executed in the Bijapur district of Karnataka, where Suzlon will supply, erect, commission and maintain 21 S175 (5.0 MW) wind turbine generators (WTGs). Powered by a 175-metre rotor and a 160-metre hybrid lattice tower, the S175 is designed to access stronger and more stable wind regimes, delivering higher energy generation while improving project economics. The company believes the platform can unlock new wind development opportunities by making previously unviable sites commercially attractive.

Management Commentary

Commenting on the order, Girish Tanti, Vice Chairman, Suzlon Group, said: "Sunsure began their wind energy journey with us and has now grown into one of India's largest and fast-growing C&I focused renewable energy providers. We are proud to support their growth as our partnership deepens across geographies - from Karnataka to now two orders in Maharashtra and technology - from our maiden project on a 2.1 MW platform, to scaling on our 3 MW platform, and now becoming the launch customer for our next-generation 5 MW S175 turbine. We value their continued trust in our technology and execution capabilities."

Manish Mehta, Co-Founder & Chief Commercial Officer, Sunsure Energy, said: "Our strategy is centred on meeting the need for firm, reliable clean energy driven by India's accelerated electrification and an expanded manufacturing footprint powered by data centres, GCCs, advanced manufacturing, electric mobility. This order is a precise strategic choice as the S175 is purpose-built for firm and dispatchable power, enabling seamless integration into hybrid and Round-The-Clock solutions. It feeds into our ambition of being a 10 GW platform by 2030 and Suzlon's three decades of execution across India gives us full confidence in the partnership."

Ajay Kapur, Chief Executive Officer, Suzlon Group, added: "I am confident that this project will become a case study in effective energy generation and project economics. Developing 400.8 MW with Sunsure Energy in a short span of 14 months reflects not only the pace at which India's C&I renewable market is scaling, but also the deep trust our customers place in Suzlon's technology, execution, and innovation."
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Strengthening Presence in India's Renewable Energy Market

The latest order further strengthens Suzlon's position in India's commercial and industrial renewable energy market while validating the commercial acceptance of its newest turbine platform. The company expects the S175 to play a key role in supporting hybrid and round-the-clock renewable energy projects as demand for Large-Capacity wind turbines continues to grow.

About Suzlon Energy

Suzlon Energy Limited is one of India's leading renewable energy solutions providers with over three decades of experience in the wind energy sector. The company offers an integrated portfolio spanning wind turbine technology, renewable energy development, project execution and asset management, with an installed wind energy capacity of approximately 21.7 GW across 17 countries.

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Disclaimer: The article is for informational purposes only and not investment advice.