Suzlon Energy shares jump 4% on bagging new order
Suzlon plans to deploy 214 WTGs equipped with Hybrid Lattice Tubular (HLT) towers.
Suzlon plans to deploy 214 WTGs equipped with Hybrid Lattice Tubular (HLT) towers.
Wind turbine maker Suzlon Energy wins two new orders.
According to the company, Suzlon has already installed the first prototype of this series at a hub height of 160 m with a hybrid lattice tubular (HTL) tower at the Gondal site in Gujarat.
India's wind sector, going through a rough patch, is set for a rebound as the Centre tweaks auction policy, plans offshore wind projects and focuses on replacing old mills.
India's largest wind. turbine manufacturer reported a consolidated net profit of ₹320 crore for the quarter ended March
It seems the previous capital raised by Suzlon has been blown away and the company is going back to its existing shareholders for raising fresh capital worth ₹1,200 crore through a rights issue.
Bad timing and Tulsi Tanti’s vaulting ambition nearly finished Suzlon a few years ago. And now he’s back with a new story.