Suzlon share price jumps over 4% on order win for 3 MW series turbines from Juniper Green
₹31.99 apiece on BSE. Suzlon Energy share price touched intraday high of ₹32.90 and low of ₹31.90. Currently, Suzlon share price is hovering close to its 9-year high levels.
Suzlon plans to install sixteen wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product, which has a rated capacity of 3.15 MW apiece, according to the company's exchange filing. The project is situated in Gujarat's Dwarka area and is scheduled for commissioning in 2025. This is a repeat for the company's biggest 3.15 MW turbine, S144-140m, which is part of the 3 MW series.
As per the terms of the agreement, Suzlon will carry out the project, including project execution, construction, and commissioning, and deliver the wind turbines (equipment supply). After commissioning, Suzlon will also offer full operations and maintenance services. “We are delighted to announce our second order with Juniper Green Energy Private Limited in a short period of time for our 3 MW series.
Juniper Green Energy is a committed renewable energy independent power producer (IPP) player in India with a comprehensive wind, solar and hybrid power projects. We are honored that they have partnered with us again for their wind energy project. Also Read: Maruti Suzuki, DLF, and more: Experts recommend these 15 stocks after bloodbath on Dalal Street The electricity from this project will serve the people of Gujarat, helping us deepen our contribution to the state.
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