By Admin 
India’s leading renewable energy company Suzlon Energy has shared new information about its order book. The company’s order book is currently stable at 5,622 MW (MW), while it was 5,523 MW by 28 January 2025. However, in the meantime some orders have been canceled and some have been cut in size, but due to getting new orders, the company’s order book has also recorded a slight increase.
How is the company’s economic performance?
Suzlon Energy recently released the results of the October-December 2024 quarter, according to which the company’s net worth is Rs 5,000 crore. At the same time, the company’s market capitalization has reached the level of Rs 77,250.20 crore, which makes it one of the leading renewable energy players of India.
Change in order book
The company said that many orders have been canceled in the last few months, while some have been cut in size. The company said that Vibrant Energy has been ordered 99 MW. Actually, this order received on 17 May 2023 will no longer be extended. At the same time, the 201.6 MW order of O2 Power (Teq Green Power XI) has come down to 100.8 MW. At the same time, now Solalite Power Pvt. Ltd. Will be completed in the name of Another order of 100.8 MW has also been canceled. However, despite this, the company’s order book has increased a 99 MW net increase due to the new order.
Strong monthly returns amid decline
On March 28, Suzlon’s shares fell 0.61 per cent to close at Rs 56.66 on the NSE. However, in March, the company’s shares gained 10.33 per cent, which led to the profit of Rs 5.29 per share to investors. Now investors will look at the shares of Suzlon when the market opens on April 1, because the impact of the order book update can be seen on the share prices.
What do experts say
Market experts believe that the stability in the order book of Suzlon Energy is a positive sign, but the incidents of cancellation of order remain a matter of concern for investors. Experts believe that Suzlon’s order book is strong, but the company will have to pay attention to acquiring new projects to ensure growth in future.
What will happen next?
Suzlon Energy has announced that it aims to get new orders of more than 1,500 mW in 2025–26. At the same time, the company is increasing focus on wind energy and hybrid projects, which is expected to strengthen its revenue stream.
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