Suzlon Energy stock price: Rises 3.84% after securing order from Aditya Birla group

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Suzlon Energy Ltd’s shares were up by 3.84 per cent after the group reported that it had secured a 551.25 MW wind power project from the Aditya Birla group. The project involves installing 175 wind turbine generators, each with a capacity of 3.15 MW, across two sites: 368.55 MW in Barmer, Rajasthan, and 182.70 MW in Bhuj, Gujarat.

The power generated will be used by Aditya Birla group companies. Suzlon will also manage post-commissioning operations and maintenance. The project aims to supply electricity to about 4.54 lakh households and cut carbon dioxide emissions by around 1.792 million tonnes annually.

Jayant Dua, Business Head and Director, Aditya Birla Renewables Limited, said, “We  prioritise  partnerships  that  enhance  our  mission  to  power  India  Inc with  renewable  energy, expanding  the  accessibility  of  green  power  throughout  the  country.  Suzlon’s  technological  expertise, manufacturing  capabilities,  and  comprehensive  project  development  skills will  help  accelerate  our energy transition journey and support our net‐zero commitments.”

The shares were up by 3.84 per cent to ₹45 at 11.25 am on the BSE.