financetom financetom
Business
financetom
/
Business
/
Suzlon's S144–3 MW wind turbines get big boost from Indian government
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023 8:16 AM

Renewable energy solutions provider Suzlon Group on Wednesday (November 15) said its S144 – 3 MW series of wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy (MNRE).

Share Market Live

NSE

This listing marks an important milestone for the successful commercialisation of the product, the company stated in a regulatory filing at exchanges.

Suzlon has already installed the first prototype of this series at a hub height of 160m with a hybrid lattice tubular (HLT) tower at the Gondal site in Gujarat.

Currently, the product is in the process of serial manufacturing and commercialisation, the company said.

Also Read: Religare open offer will happen sooner than later, says Mohit Burman

J.P. Chalasani, Chief Executive Officer of Suzlon Group, said the listing comes at the right time after the S144 product received an enthusiastic response from the market, evident from the strong order inflow.

"Considering India's varied wind regimes and terrains, the S144 turbine is designed to make it customisable for the site‐specific requirements for higher PLFs (plant load factor). The S144 – 3 MW series is a true testament to 'Make in India' and 'Aatmanirbhar Bharat' with 90% domestic content," Chalasani said.

Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.

(Edited by : Shoma Bhattacharjee)

First Published:Nov 15, 2023 5:16 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2024 - www.financetom.com All Rights Reserved