Suzlon Energy shares jump 3%; here is what you need to know

AMPIN Energy Transition is India’s leading renewable energy transition company with a total portfolio of 5 GWp spread across 23 states in the country.

Headquartered in New Delhi, AMPIN Energy Transition has a portfolio of renewable energy assets with a blend of solar, wind and storage to provide green power to utility and commercial and industrial customers.

As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said.

The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW.

Key highlights of the order

🌿 AMPIN Energy Project Update 🌿

Commenting on the order win, Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of a shared mission. Together, we’re committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India’s power distribution infrastructure."

Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition Limited, said, “Our continued partnership with Suzlon reflects our confidence in their deep expertise in wind energy and their alignment with India’s self‐reliance goals through local manufacturing."

Bhattacharyya added, "This project is a strategic step forward in AMPIN’s journey toward a 25 GW renewable energy portfolio by 2030, reinforcing our commitment to delivering clean, dependable power to India’s growing commercial and industrial sector.”

Suzlon Energy Q4 FY25 Results

Suzlon Energy reported a fourfold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4 FY25), mainly on the back of higher revenues.

The company reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, a BSE filing showed.

Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore logged a year ago.

During 2024-25, the consolidated net profit also rose to ₹2,072 crore from ₹660 crore seen in the previous financial year.

The total income in the fiscal year increased to ₹10,993.13 crore from ₹6,567.51 crore in the year-ago period.