Suzlon Energy Limited has informed the Exchange regarding a press release dated April 23, 2025, titled "NTPC Green Energy awards 1,544 MW Wind Projects including a new 378 MW order to Suzlon".
SUZLON · price
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Awaiting price reaction for this filing.
Suzlon Energy has received a major order from NTPC Green Energy for 1,544 MW of wind energy projects. This includes a fresh 378 MW order on top of an existing 1,166 MW order. NTPC Green Energy is a government-owned renewable energy company, a subsidiary of NTPC. The order significantly boosts Suzlon's order book and reinforces its position as India's leading wind turbine manufacturer. At typical industry pricing, a 1,544 MW order likely translates to a multi-thousand crore revenue opportunity, comfortably above 5% of annual revenue.
Positive for shareholders — this large order from a credible government-backed client strengthens Suzlon's revenue visibility and order book, likely boosting investor confidence and supporting the stock price in the near term.