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New Delhi: Suzlon Energy shares have risen sharply. Suzlon Energy shares closed at Rs 74.37 on Monday. The company said that it has received an order of 1166 MW from NTPC Green Energy Limited. NTPC Green Energy Limited is the renewable unit of state-owned NTPC. Suzlon Energy shares have risen by more than 2400 percent in 4 years. During this period, the company's shares have risen by Rs 3 to cross Rs 74.
The company received the largest wind energy order
Suzlon Energy said in an exchange filing that this is the largest wind power order in the country. In this order, Suzlon Energy has to install 370 S144 wind turbine generators (WTG). The rated capacity of each wind turbine generator (WTG) is 3.15 MW. It will generate electricity to power 30 lakh homes. The company said in an exchange filing that the project is to be implemented at 3 sites in Gujarat. After the new order, Suzlon Energy's peak order book has reached close to 5 GW.
The company's shares increased by more than 2400% in 4 years
Suzlon Energy shares have climbed more than 2400% in the last 4 years. On September 11, 2020, the shares of the wind energy company were at Rs 3.03. On September 9, 2024, Suzlon Energy shares closed at Rs 74.37. In the last two years, the shares of this energy company have seen a rise of 750 percent. In the last one year, the company's shares have increased by 220 percent. The 52-week high of Suzlon Energy shares is Rs 84.40. While the 52-week low of the company's shares is Rs 21.71.