Suzlon Energy shares rise 2% as firm bags order from Sunsure Energy; check details

The renewable energy firm has secured a 100.8 MW EPC wind power order from Sunsure Energy, marking their maiden foray into wind energy. The project is set to be executed in Maharashtra’s Jath region.

Under the agreement, Suzlon will supply 48 S120 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each rated at a 2.1 MW capacity.

The company will supply the wind turbines, oversee equipment installation, and execute the project, including erection and commissioning, while providing comprehensive operations and maintenance services post‐commissioning.

The project is expected to enhance Sunsure Energy’s renewables portfolio and support its goal of delivering round‐the‐clock power to customers in Maharashtra.

Following the development, shares of Suzlon Energy were trading 1.62% higher on the National Stock Exchange during the intraday period at ₹55.22 apiece.

“Expanding our portfolio to include wind energy in Maharashtra will enhance our Round‐The‐Clock (RTC) renewable energy capabilities, allowing us to offset an even larger share of our customers’ power consumption with green energy. This project diversifies Sunsure Energy’s renewables portfolio and marks a key milestone in our journey to reach 10 GW capacity by 2030,” said Manish Mehta, Co‐Founder and Chief Commercial Officer (CCO) of Sunsure Energy.

“This partnership with Suzlon will help us in creating the most dependable clean energy solutions for India’s businesses and contributing meaningfully to India’s sustainable future," Mehta further said.

Suzlon is accelerating renewable energy adoption among large corporations through Independent Power Producers (IPPs), supporting India's clean energy transition and the national goal of achieving 500 GW of non‐fossil fuel capacity by 2030.

Commenting on the project, Suzlon Group CEO JP Chalasani said, "Independent power producers (IPPs) are recognising wind's potential to make power more accessible, affordable, and high‐quality. This transition not only supports our energy goals but also drives sustainable economic growth and innovation across the industry."