Latest news with #WTGs
Time of India
7 hours ago
- Business
- Time of India
Serentica Renewables to procure wind turbines from SANY Renewable for 336 MW Karnataka project
Renewable energy firm Serentica Renewables on Tuesday said it will procure Wind Turbine Generators for its 336 MW Wind Project in Karnataka from SANY Renewable . Delivery for the project is expected to commence by December 2025, a company statement said. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare Digital Marketing CXO Finance Operations Management others Design Thinking Management MBA MCA Project Management Data Analytics Degree Product Management healthcare Leadership Data Science Technology PGDM Cybersecurity Others Public Policy Data Science Artificial Intelligence Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details Serentica Renewables has selected SANY Renewable, a leading enterprise of high-end equipment manufacturing, to supply the Wind Turbine Generators (WTGs) for its 336 MW Wind Project in Karnataka, according to the statement by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo The project will feature advanced SANY WTGs, each with a rated capacity of 4 MW. Akshay Hiranandani, CEO, Serentica Renewables, said in the statement, "336 MW wind project in Karnataka will play a pivotal role in reducing carbon emissions while providing a reliable, renewable energy source to industrial consumers." Live Events Gaurav Amdekar, COO, SANY Wind Energy India, said, "This partnership demonstrates our shared commitment to driving the transition to a low-carbon economy and contributing to India's renewable energy targets." Serentica shortlisted SANY Renewable's high-performance wind turbines for their superior reliability, efficiency, and capacity to deliver sustained power. These turbines will play a pivotal role in generating sustainable power for energy-intensive industries. Established in 2022, Serentica Renewables is a leading renewable Independent Power Producer committed to decarbonising hard-to-abate industries by providing firm dispatchable renewable energy solutions.
Business Upturn
02-07-2025
- Business
- Business Upturn
Inox Wind shares rise over 2.5% today as Motilal Oswal initiates ‘Buy' with Rs 210 target price
By Aditya Bhagchandani Published on July 2, 2025, 09:32 IST Shares of Inox Wind Limited gained over 2.5% in early trade on Wednesday after brokerage firm Motilal Oswal Financial Services (MOSL) initiated coverage on the stock with a 'Buy' rating and a target price of Rs 210 per share. MOSL highlighted Inox Wind as a leading vertically integrated player in India's wind energy sector. The company offers end-to-end solutions ranging from project conception and commissioning to operations and maintenance (O&M) of wind power projects. Inox Wind's product portfolio includes 2MW and 3MW Wind Turbine Generators (WTGs), addressing a broad range of power generation needs for both utility-scale and industrial clients. Analysts at MOSL believe that India's renewable energy expansion plans and policy push towards green energy will benefit Inox Wind in the coming years. The brokerage noted that Inox Wind's integrated manufacturing capabilities and service offerings give it a competitive edge in project execution and cost control. Meanwhile, shares of Inox Wind were trading 2.41% higher at Rs 177.14 on the NSE as of 9:30 AM IST. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Deccan Herald
20-06-2025
- Business
- Deccan Herald
Suzlon bags 170.1 MW wind energy order from AMPIN
New Delhi, Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra 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 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 Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of 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, "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.'
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Business Standard
20-06-2025
- Business
- Business Standard
Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool
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 Press Trust of India New Delhi Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. 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. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of 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, "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.
Mint
20-06-2025
- Business
- Mint
Suzlon Energy share price climbs 3% after securing 170.1 MW wind power project
Suzlon Energy share price in focus: Shares of Suzlon Energy, one of the leading global renewable energy solutions providers, rose nearly 3% in intraday trade on Friday, June 20, hitting a high of ₹ 64.26 apiece and ending a three-day losing streak after the company announced a new 170.1 MW project win. In an exchange filing today, the company stated that it had received its third successive order from AMPIN for a 170.1 MW wind power project to be developed in Kurnool, Andhra Pradesh. 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. The scope of the project includes complete execution—from equipment supply and installation to commissioning and long-term operations and maintenance services. JP Chalasani, Chief Executive Officer of the Suzlon Group, said, 'India's decarbonization journey will be won or lost at the distribution level. DISCOMs are the critical link between renewable energy generation and everyday consumption—from industries to households. To empower them with reliable, cost-efficient clean power is not just a goal—it's a national imperative. Together, we're proving that clean energy isn't just viable—it's vital, scalable, and transformative for the power sector.' Suzlon achieved a record quarterly delivery of 573 MW in Q4 FY25, bringing total deliveries in FY25 to 1.55 GW. The company's order book reached an all-time high of 5.6 GW, with the S144 platform alone surpassing 5 GW, solidifying its position as a market leader in India. The company also added 10 new production lines for its S144–3.X MW series and completed nacelle expansions at its Daman and Pondicherry facilities. Suzlon further announced plans to continue investing in a robust local manufacturing and supply chain ecosystem to support India's wind energy goals. Despite the positive momentum, Suzlon shares have been under pressure since touching a 52-week high of ₹ 74.30 on May 30, as investors opted to book profits following the strong rally driven by robust March quarter and FY25 performance, along with steady order wins. Between May 9 and May 30, the stock surged from ₹ 52.60 to ₹ 71.50, delivering an impressive 36% gain in just 16 trading sessions. For FY25, Suzlon Energy's net profit jumped to ₹ 2,072 crore from ₹ 660 crore in FY24, driven by a ₹ 10,851 crore rise in revenue. The WTG business accounted for 78% of FY25 revenue, while the remainder came from the OMS (Operations and Maintenance Services) business. Suzlon's net cash position improved to ₹ 1,943 crore as of March 2025, up ₹ 836 crore compared to December 2024. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
