SUZLON CEO JP CHALASANI
Suzlon is all renewed energy with a book full of orders & free of debt Suzlon Energy, a key player in India's renewable energy sector, saw a remarkable turnaround in FY24. The company became debt-free, increased its order book, and revamped leadership under CEO JP Chalasani.
06 Jun, 2024, 01.37 AM ISTKarnataka: Industries Minister MB Patil signs up with Suzlon & Renaissance to get Rs 36,000 cr investment to Vijayapura district Suzlon and Renaissance Solar are planning to set up their units in Vijayapura district. Suzlon will invest Rs 30,000 crore and Renaissance Solar has proposed Rs. 6,000 crore. Suzlon plans to start a 5,000 MW wind power unit, while Renaissance Solar ...
12 Mar, 2024, 09.43 PM ISTSuzlon bags 72.45 MW wind power project from Juniper Green Energy Renewable energy solutions provider Suzlon Group on Thursday said it has secured a 72.45 MW wind power project from Juniper Green Energy Pvt Ltd. As part of the project, Suzlon will install 23 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tub...
07 Mar, 2024, 12.26 PM IST- ADVERTISEMENT
Suzlon bags 30 MW wind power project from EDF Renewables Electricity generated from the project will be supplied to Gujarat Urja Vikas Nigam Ltd (GUVNL). The project is expected to provide electricity to over 24 thousand households and curb over 97 thousand tonnes of CO2 emissions every year.
29 Feb, 2024, 12.19 PM ISTSuzlon Q3 Results: Cons PAT rises 2.6x YoY to Rs 203 crore, debt reduces further Earnings before interest, taxes, depreciation and amortization or EBITDA surged nearly 17% YoY to Rs 247 crore, and operating margins improved 120 basis points to 15.9%.
31 Jan, 2024, 05.18 PM ISTSuzlon Energy shares rally on winning 642 MW wind power project Suzlon will install 214 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each in Andhra Pradesh.
30 Jan, 2024, 11.29 AM ISTWe will insulate ourselves from biz cyclicality: J P Chalasani, Suzlon Group We do have a significant manufacturing capacity. We can manufacture 3-4 GW a year. Our ability to deliver larger volumes is significant now. We closed the last quarter with an order book of 1. 6 GW and subsequently, we have announced several orders....
08 Jan, 2024, 12.27 AM ISTSuzlon bags 225 MW wind energy project from Everrenew Energy This order is for the company's larger rated 3 MW, S144-140m turbines from the 3-3.15 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and supervise the project, including commissioning.
05 Jan, 2024, 01.04 PM ISTSuzlon Energy shares jump 4%, hit fresh 52-week high. Here’s why! RLMM or Revised List of Models & Manufacturers listing is an important milestone required for the successful commercialisation of the product, the company filing said. S144 – 3 MW series of wind turbines are extendable to 3.15 MW.
16 Nov, 2023, 11.27 AM ISTSuzlon’s wind turbine gets RLMM listing Renewable energy solutions provider Suzlon Group announced on Wednesday that its S144 – 3 MW series of wind turbines has secured the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy (MNRE).
15 Nov, 2023, 07.04 PM ISTSuzlon Energy shares hit 5% upper circuit after Q2 profit rises 79% YoY. What should investors do? Suzlon said its service business continues to do well while forging and foundry business SE Forge consolidated on its foundation for future growth. The company has a net cash of Rs 599 crore by September 2023, which is a marked shift from net debt o...
03 Nov, 2023, 12.16 PM ISTSuzlon Energy Q2 Results: Profit rises 79% YoY to Rs 102 crore on better operating show The company reported an EBITDA (pre-foreign exchange) of Rs 224 crore in the reporting period, while margins were at 15.8%. Profit before exceptional items came in at Rs 137 crore in the July-September quarter.
02 Nov, 2023, 07.36 PM ISTSuzlon Energy shares up 5% after company secures order for its 3 MW series turbines Under the contract, the company will supply 16 wind turbines with a rated capacity of 3.15 MW each. The project is expected to be completed in 2025 at Dwarka district in Gujarat.
27 Oct, 2023, 10.48 AM ISTSuzlon Group secures 29.4 MW wind capacity order from BrightNight Suzlon Group has received an order from BrightNight to install 29.4 MW wind capacity in Maharashtra. The project is part of BrightNight's 100 MW wind-solar hybrid project. Suzlon will install 14 units of S120-140m wind turbine generators with a rate...
22 Sep, 2023, 03.21 PM ISTSuzlon bags 47.6MW wind energy project from KP Group Renewable energy solutions provider Suzlon Group has bagged an order for a 47.6 MW wind power project from KP Group in Gujarat. However, the company did not disclose the value of the order. The project is located at Vagra in Bharuch district in Guja...
11 Jul, 2023, 11.04 AM ISTSuzlon Energy Q4 Results: Firm posts net profit of Rs 320 crore against Rs 205.52 crore loss YoY Wind energy solutions provider Suzlon Energy reported a consolidated net profit of INR320 crore ($42.5m) for the quarter ended 31 March. This contrasts with the same period in 2022 when it posted a net loss of INR205.52 crore ($27.4m). Total income ...
31 May, 2023, 05.41 AM ISTSuzlon Q4 Results: Company back in the black with Rs 320 cr net profit Renewable energy firm Suzlon reported a consolidated net profit of INR 319.99 crore during the March 2023 quarter, primarily due to reduced expenses. While the total income from operation dipped to INR 1,699.96 crore, the total expenses of the compa...
30 May, 2023, 07.10 PM ISTSuzlon bags 69 MW wind energy order This is the fourth order of the larger wind turbine model from the new 3 MW series - the S144 - 140m is part of the agreement wherein Suzlon Energy will supply the wind turbines (equipment supply) and project supervision and commissioning.
19 May, 2023, 12.41 PM ISTSuzlon bags 69.3 MW wind energy project from Juniper Green Energy "Suzlon Group today announced the second order of the 3 MW product series for the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited," it stated. The company, however, did not disclose the financial details of the o...
02 May, 2023, 11.34 AM ISTAshwani Kumar steps down as Suzlon CEO, JP Chalasani takes over Chalasani who has over 40 years of experience in the power sector, served as group CEO at Suzlon from 2016 to 2020. Chalasani was the chief executive and Managing Director of Punj Lloyd since January 2014. Ashwani Kumar's resignation comes despite a...
04 Apr, 2023, 11.11 PM IST