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Suzlon Energy Limited
Sector:Engineering Engineering - Electrical Equipment
BSE:532667NSE:SUZLONBloomberg:SUEL@INReuters:SUZL.BO
Market Lot: 1Face Value: 2ISIN Demat: INE040H01021
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17-Dec-2018
Business Profile
Suzlon Energy was incorporated in the year 1995. It is India`s largest and world`s sixth largest wind-energy provider. Suzlon provides total solutions in wind power generation with cohesive integration of consultancy, design, manufacturing, installation, operation and maintenance services. Its products include the integrated service for the wind turbines and wind parks.

Suzlon has developed some of the largest wind parks in Asia including the world`s largest wind park of its kind of over 200 MW capacity. Suzlon has captured 3.9% of the global market this year. It has a subsidiary in Germany for technology development, an R&D facility in the Netherlands for rotor blade molding and tooling and wind turbine and rotor blade manufacturing facilities in India.

Suzlon Energy Ltd has opened an office of its subsidiary, Suzlon Energy A/S in the Aarhus Denmark, the hub for wind energy. Last year Suzlon Energy and Elin EBG Motoren GmbH of Austria entered into a joint venture (JV) to manufacture slip ring generators required for wind turbine generators (WTGs) at the former`s manufacturing facility at Pune in Maharashtra.

It`s Netherlands-based wholly owned subsidiary AE-Rotor Holding BV is planning to acquire Belgium-based EVE Holding NV for 465 million Euro. Hansen Transmissions is engaged in designing, developing, manufacturing and supplying industrial and wind turbine generator (WTG) gear boxes. Hansen Transmissions is the world`s second largest WTG manufacturer controlling 33 percent of the WTG market globally.

Financials
The company announced fall of 100.00% in consolidated net profit on y-o-y basis to Rs 0.00 million, while total income dropped 100.00% y-o-y basis to Rs 0.00 million for the quarter ended December 2017.

Recent Developments
13-DEC-18
Suzlon Group, India's largest renewable energy solutions provider, today announced its maiden order win for development of 50.4 MW wind power project from Atria Power.

11-SEP-18
CLP India and Suzlon, India's largest renewable energy solutions provider, today announced a joint venture for two solar projects of 50 MW and 20 MW in Dhule, Maharashtra.

16-APR-18
Suzlon Group, India's largest renewable energy solutions provider today announced that it has commissioned 626 MW of wind power projectsin the financial year 2017???18 (FY18), the highest installations by any player during this fiscal.

21-MAR-18
Suzlon Group, India's largest renewable energy solutions provider has designed and manufactured the country's longest wind turbine blade at its Padubidri Rotor Blade Unit. The advanced blade (SB 63) measures 63 meters in length and has been specifically developed for Suzlon's new S128 wind turbine family with a rotor

20-MAR-18
Suzlon Group, India's largest renewable energy solutions provider, announced that it has won two projects of 300 MW and 200 MW each for development of wind power projects.

15-MAR-18
Suzlon Group, India's largest renewable energy solutions provider, today announced that it has completed the commissioning of 340 MW solar power turnkey projects across sites in the state of Telangana (210 MW), Rajasthan (60MW) and Maharashtra (70MW). The projects have been executed over a period of time, concluding in Q4 FY18.

14-MAR-18
Suzlon Group, India's largest renewable energy solutions provider, has announced the installation and commissioning of its new product, S128; the largest wind turbine generator (WTG) in India. The first prototype of S128 has been commissioned at the Sanganeri, site in Tamilnadu. Testing is underway with certification expected in Q3 of CY2018.

12-MAR-18
Suzlon Group, India's largest renewable energy solutions provider, today announced its order win for development of 75 MW wind power project from a leading Independent Power Producer (IPP) through Maharashtra State Electricity Distribution Company (MSEDCL) bid.



In Brief

 
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