Summary: Suzlon Energy shares rose 6% after securing a 381 MW wind energy order from Zelestra India. The project spans three states and strengthens India’s renewable energy push, marking a major milestone in firm and scalable clean power development.
Suzlon Energy share price rose sharply on Friday, August 1, after the company announced a major 381 MW wind energy order from Zelestra India.
This marks a key development in India’s renewable energy sector, as the project supports firm, reliable, and scalable clean power solutions across three states.
On August 1, 2025, Suzlon Group, India’s No. 1 wind solutions provider, officially announced that it has secured a 381 MW order from Zelestra India and its affiliates. This significant collaboration marks Zelestra’s first-ever FDRE (Firm, Reliable, and Scalable Renewable Energy) project, signifying a crucial strategic milestone in their journey towards clean energy. The project is seen as a landmark partnership that signals India’s shift toward a more reliable and scalable renewable energy landscape.
The 381 MW project will involve the supply of 127 of Suzlon’s S144 Wind Turbine Generators (WTGs), each boasting a rated capacity of 3 MW. This order further solidifies Suzlon’s position, with their S144 orderbook now standing at approximately 91%. The extensive project will be executed across three states in India: Maharashtra, where 180 MW will be developed, Madhya Pradesh, also receiving 180 MW, and Tamil Nadu, with a 21 MW component. The portions of the project in Maharashtra and Madhya Pradesh are part of SJVN’s FDRE bid, while the Tamil Nadu portion is specifically designed to serve Commercial & Industrial (C&I) power consumers.
As of March 31, 2025, the company reported that it has received the highest-ever domestic order book of 5.6 GW.
India’s energy transition is accelerating, with firm renewable power (FDRE) gaining momentum. Zelestra, a global decarbonisation leader, has partnered with Suzlon to support this shift. Suzlon’s integrated capabilities—from technology and manufacturing to execution and maintenance—enable large-scale, reliable renewable projects. This collaboration advances Zelestra’s 5 GW portfolio of co-located hybrid projects, set for rollout in 2027–2028.
On Friday, Suzlon Energy's share price jumped 6% as the company bagged another project. As of 10:21 am IST, the stock price was trading at ₹64.6 per share, up by 4.85%.
On a year-to-date basis, the stock price is up by 3% while in the last 3 months, the stock price has seen a surge of 14%.
Disclaimer: The article is for informational purposes only and not an investment advice.
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