Equity Analysis

Company News

    Finolex Cables Ltd
    Industry :  Cables - Power
    BSE Code
    ISIN Demat
    Book Value()
    500144
    INE235A01022
    285.0305047
    NSE Symbol
    P/E(TTM)
    Mar.Cap( Cr.)
    FINCABLES
    32.58
    17678.26
    EPS(TTM)
    Face Value()
    Div & Yield %:
    35.48
    2
    0.69
     
Suzlon Energy Ltd
Suzlon and Jindal Renewables expand partnership with additional 302.4 MW wind energy project
Dec 04,2024
Suzlon and JSP Green Wind 1, a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka, aimed at accelerating India¡¯s green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest©\ever commercial and industrial (C&I) order from a single customer. Last month, Suzlon secured a 400 MW captive wind power project with Jindal Renewables in the same region, highlighting the strategic collaboration between the two companies.

Commercial and Industrial (C&I) customers now account for 56% of Suzlon¡¯s total order book, which stands at a record 5.4 GW¡ªSuzlon¡¯s highest©\ever order book to date.

Under the strategic agreement, Suzlon will supply 96 state©\of©\the©\art S144 wind turbine generators (WTGs) with Hybrid Lattice (HLT) Towers, each rated at a 3.15 MW capacity.

The energy generated will be utilised for captive consumption in steel plants located in Chhattisgarh and Odisha, enhancing their operational sustainability and contributing to India's green energy transition.