Key Points
- Suzlon Energy Limited has secured a 302.4 MW wind power project with Jindal Renewables.
- The project expands Suzlon’s total order with Jindal Renewables to 702.4 MW.
- The wind power generated will be used for steel plants in Chhattisgarh and Odisha.
- The project supports sustainability goals for the steel industry.
- Suzlon’s commercial and industrial orders now make up 56% of its 5.4 GW order book.
- The project aligns with India’s renewable energy targets for 2030.
Looma News
Suzlon Energy Limited has landed a major 302.4 MW wind power project in the Koppal region of Karnataka, boosting its partnership with Jindal Renewables. This brings their total order to 702.4 MW, making it Suzlon’s largest order from a single commercial and industrial (C&I) customer. The project will involve setting up 96 S144 wind turbine generators (WTGs), each rated at 3.15 MW, to produce power for steel plants in Chhattisgarh and Odisha. The electricity will be used directly by these plants, helping them meet their sustainability targets.
This new order is a significant step for Suzlon, with C&I customers now making up 56% of its impressive 5.4 GW order book. It also fits well with India’s renewable energy goals, which aim to have 50% of the country’s electricity come from non-fossil fuels by 2030. The project highlights a shift toward green energy in India’s industrial sectors, with the steel industry working to reduce its environmental impact and boost its sustainability efforts.
Suzlon Energy’s shares were trading at ₹68.24, up ₹2.84 or 4.34% on the NSE at 11:50 am. The partnership between Suzlon and Jindal Renewables is seen as a key move toward reaching both companies’ sustainability and energy goals. Girish Tanti, Vice Chairman of Suzlon Group, emphasized the importance of this partnership, while Bharat Saxena from Jindal Renewables noted the project’s role in helping the steel industry go green.
