Suzlon shares to be in focus on bagging 50 MW windfarm project from Navratna PSU BPCL. Details here

Suzlon Energy share price will be in focus on Thursday, May 8, after Navratna public sector undertaking (PSU) Bharat Petroleum Corporation Limited (BPCL) awarded a 50 MW wind farm project to the multibagger renewable company.

BPCL in a post on social media platform X said, “Bharat Petroleum Corporation Limited (BPCL) has taken a decisive leap in its green energy transition by awarding contracts for two 50 MW windfarm projects—one each in Madhya Pradesh and Maharashtra.”

For this purpose, the PSU oil company issued LOAs to M/s Suzlon Energy Limited for the Madhya Pradesh project and M/s Integrum Energy Infrastructure Limited for the Maharashtra project.

BPCL said these projects will cater to the captive power needs of BPCL’s Bina and Mumbai Refineries, significantly reducing reliance on fossil fuels and supporting the shift to clean, renewable power.

“This milestone is part of BPCL’s larger renewable energy roadmap, which aims for a 10 GW clean energy portfolio by 2040, aligning with its commitment to become a Net Zero Energy Company in Scope 1 & Scope 2 emissions by 2040,” it added.

Suzlon had a strong order book as of March 28, 2025. The company had informed exchanges that its order book as on date stood at a healthy position of 5,622 MW, including the dispatches made during Q4 FY25.

Additionally, the company informed about bagging two major orders in April. The first one was a 100.8 MW wind order from Sunsure Energy and another 378 MW order from NTPC Green Energy.

Suzlon Share Price Trend

Suzlon Energy has emerged as a significant wealth generator for investors over the years, delivering multibagger gains of 2296% in the last five years.

In the last one year, Suzlon Energy stock has risen 37%. However, it has lost 16.38% on a year-to-date (YTD) basis.

On Wednesday, May 7, Suzlon share price closed the day at ₹54.64, up 1.75%.

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