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Suzlon and NTPC report financial results for December 2024 quarter

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Suzlon Group’s net profit surged by 91% year-on-year, reaching Rs 3.88 billion. The company achieved its highest-ever quarterly deliveries, totalling 447 MW, bringing its nine-month total to 977 MW.  Revenue for the quarter grew by 42% from the previous quarter and 94% from the same period last year, amounting to $2.97 billion. Suzlon’s EBITDA increased by 102%, reaching $500 million, while its order book hit a record 5,500 MW. Meanwhile, NTPC Limited posted a net…

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Suzlon wins 302 MW wind project for Jindal Renewables in Karnataka

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Suzlon has secured a 302.4 MW wind power project order from JSP Green Wind 1 Pvt Ltd, a subsidiary of Jindal Renewables, in Koppal, Karnataka.  This follows a 400 MW order won in November 2024, bringing Suzlon’s total Commercial and Industrial (C&I) orders from Jindal Renewables in Karnataka to 702.4 MW, marking the largest cumulative C&I order from a single customer in India. Under the agreement, Suzlon will supply 96 S144 wind turbine generators with…

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Sany Wind secures wind turbine orders from JSW Group and Sembcorp

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Sany Wind Energy India has signed agreements to supply wind turbines with a total capacity exceeding 1.3 GW to three subsidiaries of the JSW Group.  Additionally, a 300 MW deal has been finalized with Sembcorp’s India branch, a subsidiary of Singapore’s state-owned energy company. While financial details and specific project locations remain undisclosed, these partnerships highlight Sany’s commitment to advancing wind energy in India. Sany Renewable Energy, a division of China’s Sany Group, reported strong…