Is Suzlon a turnaround story after FY16

→ Suzlon Energy partners with Jindal Renewables for 400 MW captive wind power deal.

  • This marks the first wind energy project for the renewable energy division of the Jindal Group
  • Suzlon will supply 127 state‐of‐the‐art wind turbine generators (WTGs) with Hybrid Lattice Tubular (HLT) towers, each having a rated capacity of 3.15 MW in the Koppal region in Karnataka.
  • With the new order win, Suzlon Energy’s cumulative order book now stands at nearly 5.4 GW.

Source:

Also, Tata Power is on a lookout for a whooping 3GW Wind Energy unit suppliers in the market, and Suzlon is in the race for the bid.

  • This order win will be very crucial for Suzlon.
  • It will establish its credibility and superiority for future orders from various power orgs.
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