Suzlon wins 3rd wind order from AMPIN

Suzlon Energy shares were in focus after it secured a third successive order from AMPIN Energy Transition.

AMPIN Energy Transition, a clean energy company builds, manages solar and wind power projects across 22 states, with a total capacity of over 5,000 megawatts.

The reason: Suzlon’s aim is to decarbonise India’s power distribution sector.

The deets: as part of the deal, Suzlon will provide 54 of its advanced S144 wind turbine generators. Each turbine can generate 3.15 megawatts of power and comes with a strong, tall tower design for better performance.

With this, the total orders from AMPIN, bagged by Suzlon, now stand at 303 MW.

The project will be developed in Kurnool, Andhra Pradesh. Suzlon will handle the entire project from supplying and installing the equipment to getting it up and running, and managing its long-term operations and maintenance.

Why it matters: this project strengthens Suzlon’s presence in India’s renewable energy space. The company has installed over 21.1 GW of wind power worldwide, 15.1 GW of that in India, supporting the country’s goal of reaching 500 GW of non-fossil energy by 2030.