Suzlon Energy Ltd
NSE: SUZLON BSE: 532667
₹39.49
(0.03%)
Thu, 08 Oct 2026, 07:34 am
Market Cap (in Cr)54297.6
PE Ratio17.23
Dividend0
Producer Manufacturing
Electrical Products
24.5KCompany History
1995
- Company incorporated by Tulsi Tanti.
- Enters technical collaboration with Sudwind GmbH.
1996
- Enters fresh technical know-how agreement with Sudwind.
1998
- SWSL incorporated for O&M services.
2001
- Obtains indefinite license for APX-60 blades from Aerpac B.V.
- Acquires moulds and production line from Enron Wind.
- SEG incorporated.
- AERT incorporated.
- SWECO incorporated.
- Suzlon Energy B.V. incorporated.
2002
- Cannon Ball Wind Energy Park-I LLC incorporated.
- SEG becomes wholly owned subsidiary.
2003
- Sets up representative office in China.
2004
- Signs 3.75 MW project with MSPL.
- Opens representative office in Beijing.
- Suzlon Energy A/S incorporated.
- Suzlon Energy Australia Pty Limited incorporated.
- Wins Composite Centre International Export Excellence Award.
2005
- Secures maiden contracts in China and South Korea.
- DEG Germany signs $10 million finance agreement.
- Sets up Suzlon Control System operations at Daman.
2006
- Signs turbine supply agreement with Edison Mission.
- Receives Rs 620 crore order from Australian firm.
2007
- Appoints Andre Horbach as global CEO.
- Issues $300 million zero-coupon FCCBs.
- Signs 51 MW order with ONGC.
- Wins Best PE/VC Backed Company Award.
2008
- Appoints Sumant Sinha as COO.
- Splits face value from Rs 10 to Rs 2.
- Enters Kerala with S52-600 kW turbine commission.
- Commissions first S88-2.1 MW turbine in Gujarat.
- Signs 51 MW order with ONGC.
- Signs 31.5 MW order with Ayen Enerji.
2009
- Signs 113.4 MW agreement with AGL Energy Australia.
- Appoints Robin Banerjee as CFO.
- Signs 12.6 MW agreement with Technomash Bulgaria.
- Signs 57 MW repeat order with Ayen Enerji Turkey.
- Bags Golden Peacock National Training Award.
2010
- Secures seventh 31.5 MW order from Rajasthan State Mines.
- Signs repeat orders with ITC for 27 MW and 19.8 MW projects.
- Receives first 8.7 MW order from L&T subsidiary.
- Bags 202 MW order from Techno Electric Group.
- Wins 74.8 MW order in Germany.
- Issues rights in 2:15 ratio.
2011
- Bags $1.28 billion 1,000 MW order from Caparo Energy.
- Wins order from Gujarat.
- Acquires stake in REpower Systems AG.
- Signs MoU with Gujarat Government for 1,000 MW.
- Receives 50.4 MW order from NALCO.
- Secures 218 MW order in Brazil.
- SEFORGE wins Rs 200 crore orders.
- Launches new wind turbine range.
- Signs South African wind turbine deal.
- Signs contract with ACED.
2012
- Enters Romanian market with 25 MW order and new subsidiary.
- Signs 332 MW offshore contract with RWE Innogy.
- Signs 131 MW Australian wind farm contract.
- Signs EoI for 2,500 MW with Karnataka Government.
- Wins 120 MW order in western USA.
- Enters contract with Continuum Wind Energy.
- Subsidiary bags 22 MW order in Portugal.
- REpower signs contract for eight 3.2 MW turbines in Austria.
- SEFORGE inks Rs 367 crore deal.
- SEFORGE wins Rs 600 crore supply agreement.
2013
- Subsidiary secures 16.4 MW orders for UK wind farms.
- Inks 50 MW order with Orange Renewable Power.
- Wins two new UK orders.
- Crosses 1,000 MW in Kutch.
2014
- Receives CII-ITC Sustainability Award and Thomson Reuters India Innovation Award.
- Wins 150 MW orders from customers.
- Acquires Big Sky wind park from Edison Mission Energy.
- Receives four wind power orders from UK.
2015
- 65 MW wind park inaugurated in Uruguay.
- Wins 90 MW order from ReNew Power.
- Surpasses 2,000 MW installations in Maharashtra.
2016
- Wins 197.4 MW repeat order from leading IPP.
- Wins 50.4 MW order from HPCL.
- Wins 50.4 MW order from NALCO.
- Bags order from GIPL.
- Bags 105 MW order from Greenko Group.
- Enters JV with CLP India.
- Bags Golden Peacock Eco-Innovation Award for S97 hybrid tower WTG.
- Signs solar power project agreement.
2017
- Secures 105 MW maiden order from Axis Energy Group.
- Wins 226.8 MW order from leading IPP.
- Achieves 10,000 MW installed wind energy milestone in India.
- Wins 50.4 MW repeat order from power utility.
- Bags repeat order for Karnataka power project.
- Bags 100 MW order from ReNew Power.
- Bags order from Alfanar Group.
2018
- Wins maiden 50.4 MW order from Atria Power.
- Forms JV with CLP India for two solar projects.
- Agrees to divest 49% stake in two solar projects to CLP India.
- Unit bags Kaizen award.
2019
- Wins three awards at IDC Digital Transformation Awards.
- Commissions wind project for HAL.
2022
- Announces Rs 1,200 crore rights issue.
- Secures 144.9 MW order from Aditya Birla Group.
- Wins 48.3 MW order from Adani Green.
- Wins 180.6 MW order from Green Infra Wind Energy.
2023
- GWEC felicitates Tulsi Tanti for lifetime contribution to renewable energy.
- Wins Energy Company of the Year 2023 (Renewables).
- Receives CBIP Award for best contribution in wind energy.
- Suzlon Global Services wins Best O&M Service Provider at Indian Wind Energy Forum.
- Suzlon Global Learning & Development wins Golden Peacock National Training Award.
2024
- Suzlon and Jindal Renewables sign additional 302.4 MW wind project.
- Suzlon and Jindal Renewables ink 400 MW captive wind power deal.
- Suzlon bags 1,166 MW wind energy order from NTPC Green Energy.
- Suzlon bags 103.95 MW wind project from AMPIN Energy.
- Suzlon bags 402 MW wind energy order from Juniper Green Energy.
