Suzlon Energy Share Price

Company Overview

Company Journey

• 1988: The enterprise establishes Suzlon Developers Pvt Ltd and Suzlon Wind Farm Services Pvt. Ltd. They received a debut order for installing a wind turbine for Ghodawat Pan Masala Products in Maharashtra.
• 2012: A global strategic cooperation agreement is inked between the company and CGN Wind Energy Co Ltd in March. Using the most recent S9X product series, SEL began commissioning its Amherst Project in Nova Scotia, Canada.
• 2015: The 10000th WTG by SEL at the Uruguayan wind farm Artilleros is commissioned. In order to expedite growth, Suzlon Energy inks binding contracts with Dilip Shanghvi Family and Associates for equity investments of ₹1,800 crore in Suzlon Energy Limited.
• 2016: SEL opens a brand-new, cutting-edge plant in Badnawar, Madhya Pradesh, on 20th October, to produce rotor blades using aerodynamic technology.
• 2018: The largest wind turbine generator (WTG) in India, S128, is installed and put into service by SEL on March 13.
• 2018-2019: SEL completes a second 8.4 MW captive wind power project in Bagalkot, Karnataka, for Hindustan Aeronautics Ltd. (HAL).
• 2020: The first S129-140m prototype with a 2.6 MW capacity is installed and put into service by the company at Sanganeri in Tamil Nadu. 2.8 MW S133, the biggest wind turbine generator (WTG) in India, is also put into operation.
• 2021: The company introduces the S133 turbine, which is available in two sizes- a 140 m hybrid tubular–lattice tower and a 160 m hybrid tubular–lattice tower.
• 2022: Suzlon Energy Limited's IPO is listed with an offering size of ₹1,496 crore at ₹510 per share on 7 November.

Business Highlights

• Development, production and marketing of wind turbine generators.
• EPC project execution, and the operation and maintenance of wind turbine generators.

Performance Highlights

• Motilal Oswal Nifty Smallcap 250 Index Fund Regular Growth
• ICICI Prudential Nifty Smallcap 250 Index Fund Regular Growth
• ICICI Prudential S&P BSE 500 ETF
• Kotak Nifty Alpha 50 ETF

Management

• Managing Director: Tulsi Tanti
• Chief Executive Officer (CEO): Ashwani Kumar (Suzlon Group)
• Chief Financial Officer (CFO): Himanshu Mody (Suzlon Group)

• Investor Relations:
• Investor Relations Office
• Address: Suzlon Energy Limited, 1207, 12th Floor,
• Raheja Centre, Free Press Journal Marg,
• Nariman Point, Mumbai 400021

• Suzlon Energy Ltd
• Investor Relations, Mumbai
• Phone: +91-22-66393200
• Email: investorrelations@suzlon.com

Industry Overview

Risks and Concerns

• Financial risks: Renewable energy projects are always large scale and need funding from the very start to the maturation of the project. Plus, the capital has to be huge to fully fund the project. The risk of projects failing also increases the risk of investment in the renewable energy sector.
• Risks in planning and construction: In the phases of project development, before construction, there are chances of delays in the process of site selection, land acquisition, permission, barriers, environmental factors, etc., all of which can pose a threat to the overall project and people’s investment in it.
• Inefficient risk analysis: Companies that do not have enough resources or the adequate knowledge to conduct an accurate risk assessment will fail to foresee hurdles in the development of the project.
• Risks of weather conditions: Changing weather conditions are a huge risk to renewable energy project operations. When the weather conditions are uncertain, they can stop or even damage the components of the system. For example, solar panels fail to generate energy in rain-like conditions.

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