By Minener Editorial Team | April 24, 2025
Despite a broadly negative session in the Indian stock market on Thursday, Suzlon Energy defied the trend by posting notable intraday gains, driven by recent wind project wins and renewed investor confidence.
Suzlon Share Price Performance
The Suzlon share price opened at ₹60.04 (approximately $0.70 USD) on the Bombay Stock Exchange (BSE), slightly above its previous closing price of ₹59.98 (~$0.69 USD). Throughout the session, the stock maintained upward momentum, hitting an intraday high of ₹61.50 (around $0.72 USD) — a gain of over 2.2% — even as benchmark indices like the Sensex dipped by 0.2-0.3%.
This uptick comes after a sharp correction in March 2025, when Suzlon dipped below ₹50 (~$0.59 USD) amid broader market volatility. Since then, it has rebounded over 20%, showcasing renewed strength in the face of macroeconomic headwinds.
Read more: India’s Renewable Energy Outlook for 2025
Wind Project Momentum: NTPC Green Energy Order
On April 23, 2025, Suzlon Energy announced it had secured a 378 MW wind power project from NTPC Green Energy, as part of a broader 1,544 MW collaboration. This order significantly strengthens Suzlon’s role in India’s green energy transformation.
The contract includes the supply of 120 S144 Wind Turbine Generators (WTGs) with Hybrid Lattice Towers, each rated at 3.15 MW. Suzlon will handle the complete project lifecycle—foundation work, turbine installation, commissioning, and long-term maintenance services.
Earlier Wind Deal with Sunsure Energy
Just days earlier, on April 17, 2025, Suzlon had secured a 100.8 MW order from Sunsure Energy. Under this agreement, Suzlon will deliver 48 S120 WTGs (2.1 MW each), again with Hybrid Lattice Towers, offering end-to-end solutions including operations and post-commissioning maintenance.
Also Read: Top 15 Rare Earth Projects to Watch in 2025
Conclusion: Renewables Remain the Growth Engine
With back-to-back project wins, Suzlon continues to be a frontrunner in India’s renewable energy sector. As the country targets ambitious climate goals, companies like Suzlon are capitalizing on policy support and investor appetite for sustainable energy plays. Despite market fluctuations, the company’s fundamentals and project pipeline suggest potential long-term value for investors.