Suzlon Energy’s share price rose over 2% on April 24, 2025, even as India’s stock market traded in the red. The rally follows the company’s recent wind project orders from NTPC Green Energy and Sunsure Energy, which strengthened investor sentiment and highlighted Suzlon’s growing role in India’s renewable energy push.
Suzlon Energy, a leading Indian wind turbine manufacturer based in Pune, Maharashtra, witnessed a strong upward movement in its stock price during early trade on April 24. This came even as benchmark indices like Sensex and Nifty remained subdued, trading around 0.2–0.3% lower in early sessions.
Suzlon’s stock opened slightly higher at ₹60.04 on the Bombay Stock Exchange (BSE), compared to its previous close of ₹59.98. It quickly climbed to an intraday high of ₹61.50, marking gains of over 2.2%. The positive movement was seen as a direct result of strong investor sentiment driven by recent project wins.
In March 2025, Suzlon’s shares had dipped below ₹50 amid broader market corrections, but have since rebounded significantly — currently trading over 20% above March lows.
Recent Developments Fuel Optimism
On April 23, 2025, Suzlon Energy announced that it had secured a 378 MW wind power project order from NTPC Green Energy, a government-backed company spearheading India’s green energy expansion. The order is part of a larger 1,544 MW wind project tender won by NTPC Green.
Under this agreement, Suzlon will supply 120 S144 Wind Turbine Generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW. Suzlon will also manage the project’s foundation work, installation, commissioning, and long-term operations and maintenance.
Additionally, on April 17, 2024, Suzlon bagged another order for 100.8 MW from Sunsure Energy, a fast-growing renewable energy solutions provider. The project involves supplying 48 S120 WTGs (2.1 MW each), including complete post-commissioning services.
These orders reflect Suzlon’s consistent role as a key enabler in India’s renewable energy landscape. The back-to-back announcements have reinforced investor confidence, pushing the stock higher amid overall market sluggishness.
