BOM:532667

5 stories mentioning BOM:532667Updated just now

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Suzlon Energy Wins 400 MW Wind Project Order From Tata Power Renewable

Suzlon Energy (NSE:SUZLON, BOM:532667) has secured an engineering, procurement and construction contract from Tata Power Renewable Energy for a 400 MW wind power project in Andhra Pradesh, India.The project will be developed in Anantapur district and will involve the installation of 127 wind turbine generators with a rated capacity of 3.15 MW, the wind energy company said in a Thursday filing. Suzlon's scope also includes acquiring land, supplying turbines, balance-of-plant works, pooling substation and transmission infrastructure, as well as commissioning and maintenance services.The order takes Suzlon's cumulative wind energy partnership with Tata Power Renewable Energy across multiple states to more than 1 GW.

BOM:532667NSE:SUZLON

Asia20d ago

Market Chatter: Suzlon Energy Expands into Integrated Renewable Energy Parks

Suzlon Energy (NSE:SUZLON, BOM:532667) is expanding beyond wind turbines into integrated renewable energy parks combining wind, solar and battery storage, Bloomberg News reported Thursday, citing an interview with Vice Chairman Girish Tanti.The company plans to help customers develop, operate and maintain round-the-clock clean energy projects amid growing energy security concerns, Tanti told Bloomberg.He said India added a record 6.3 GW of wind capacity in 2025, with installations expected to exceed 8 GW in 2026, according to the report.Suzlon aims to increase its managed energy asset portfolio fourfold to 70 GW over the next five years, the report said, citing a company statement. It also plans to set up a battery energy storage manufacturing facility by next year, the report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:532667NSE:SUZLON

Asia30d ago

Suzlon Energy's Consolidated Net Profit Slips in Fiscal Q4

Suzlon Energy (NSE:SUZLON, BOM:532667) saw a marginal decline in its consolidated attributable net profit to 11.1 billion Indian rupees in the fiscal fourth quarter ended March 31 from 11.8 billion rupees a year ago.Earnings per share slipped to 0.81 rupees from the year-ago figure of 0.86 rupees, according to a Monday filing to the Indian stock exchanges by the wind energy company.Revenue from operations in fiscal Q4 jumped to 54.7 billion rupees from 37.7 billion rupees a year earlier.

BOM:532667NSE:SUZLON

Asia34d ago

Indian Equities End Higher on Friday as Banking Stocks Lift Sentiment

Indian benchmark indices closed higher on Friday, supported by gains in heavyweight banking stocks.The BSE Sensex rose 231.99 points, or 0.3%, to close at 75,415.35, while the NSE Nifty 50 gained 64.60 points, or also 0.3%, to settle at 23,719.30.Investor sentiment remained mixed as Brent crude oil prices climbed more than 2% to trade above $105 per barrel amid continued uncertainty over a potential U.S.-Iran agreement.Meanwhile, the Indian rupee extended its recovery against the U.S. dollar, strengthening to 95.7 after touching a record low of 96.96 earlier in the month. Market participants continued to track intervention measures by the Reserve Bank of India aimed at stabilizing the currency.In earnings news, Minda Corp. (NSE:MINDACORP, BOM:538962) surged nearly 8% after fiscal fourth-quarter consolidated profit rose sharply to 1.25 billion rupees from 520.3 million rupees a year earlier.Sun Pharmaceutical Industries (NSE:SUNPHARMA, BOM:524715) declined over 2% despite reporting a higher fiscal fourth-quarter consolidated net profit of 27.1 billion rupees, compared with 21.5 billion rupees a year ago.Suzlon Energy (NSE:SUZLON, BOM:532667) gained nearly 2% after receiving a repeat 195 MW order from Sunsure Energy for a project in Karnataka, the company said in an exchange filing on Friday.

^BSENifty 50BOM:524715BOM:532667BOM:538962NSE:MINDACORPNSE:SUNPHARMANSE:SUZLON

Asia34d ago

Suzlon Energy Clinches 195 MW Wind Power Order from Sunsure

Suzlon Energy (NSE:SUZLON, BOM:532667) has received a repeat order of 195 MW from Sunsure Energy for the latter's project in the Bijapur district of Karnataka, India, according to a Friday filing to the Indian stock exchanges.The latest order, the cumulative partnership between Suzlon and Sunsure, has increased to nearly 300 MW across the states of Maharashtra and Karnataka.Under the latest contract, Suzlon will install 65 units of S144 wind turbine generators (WTGs), each rated at a 3.0 MW capacity. The renewable energy company will supply wind turbines, execute the project, including erection and commissioning, along with operations and maintenance services post-commissioning.With this order, the company's order book in Karnataka now stands at over 2 GW.The company's shares were up over 1% in recent trade.

BOM:532667NSE:SUZLON

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