Suzlon Energy Share Price in Focus After Major NTPC Order Win

Market Buzz: Suzlon Energy Shares Show Volatility

Suzlon Energy's share price was spotlighted on April 23 following a significant order win from NTPC Green Energy. Despite this positive development, the stock saw minor intraday losses.

• Opened at ₹59.61
• Hit a low of ₹58.12
• Trading 1.08% lower at ₹58.65 by 10:28 AM

This comes after a 15% rally in the last two weeks, reflecting strong investor interest in renewable energy.

Major Win Strengthens Suzlon's Market Position

Suzlon Energy announced a 378 MW wind project order from NTPC Green Energy Ltd. (NGEL), adding to its existing portfolio with the company.

With this latest deal, Suzlon has now consolidated a total of 1,544 MW in partnership with NTPC.

Order Highlights:

• 120 Wind Turbine Generators (WTGs) of model S144
• Each turbine with a 3.15 MW capacity
• Hybrid Lattice Towers (HLTs) included
• End-to-end responsibility: foundation, erection, commissioning, and ongoing maintenance

This marks Suzlon's second order win in under a week, following a 100.8 MW deal with Sunsure Energy on April 17.

Suzlon Energy: A Look at Company Momentum

Despite a flat performance on the day of the announcement, Suzlon's recent stock journey has been impressive:

• 15% gain in two weeks
• 41% rise over the past year
• A staggering 2121% multi-bagger return in the last five years

These figures highlight the robust momentum and investor confidence surrounding the Suzlon Energy share price.

Company Profile: Renewable Giant on the Rise

Suzlon Energy is one of India's leading renewable energy solutions providers. Its steady success in securing wind power contracts, including deals with major players like NTPC, reinforces its status as a green energy sector leader.

This growth aligns with India's broader push towards sustainable energy sources, making Suzlon a key player in this transformation.

Summary

The Suzlon Energy share price remains a key talking point in financial markets after its latest deal with NTPC Green Energy.

Despite a slight pullback on April 23, the broader outlook remains positive, driven by large-scale order wins and a strong track record of delivering clean energy solutions.

With its total engagement with NTPC now crossing 1,500 MW, Suzlon continues to fortify its place in India's renewable energy landscape.