Suzlon Energy moves up 3% as company bags first 248.5 MW wind order from ArcelorMittalSuzlon Energy moves up 3% as company bags first 248.5 MW wind order from ArcelorMittal

Introduction

Leading wind energy provider secures 248.5 MW order from ArcelorMittal for Gujarat project, supplying 79 turbines, marking fourth steel decarbonisation order and 1,156 MW green steel capacity.

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Share price movement of Suzlon

On January 28, 2026, Suzlon Energy Limited opened at ₹46.00, up 0.32% from its previous close of ₹45.85. The stock reached a high of ₹47.38 (3.36%) and a low of ₹46.00. By 10:53 AM, it traded at ₹46.83, a 2.14% increase, with a market cap of ₹56,668.86 crore.

Suzlon Secures 248 MW Wind Order

Suzlon Energy Limited has secured its first 248.5 MW wind power order from ArcelorMittal Group for captive renewable energy use in India, marking a key milestone in green steel decarbonisation efforts.

The project will be executed in Bachau, Gujarat, and involves supplying 79 S144 wind turbine generators, each with a rated capacity of 3.15 MW, as part of a 550 MW hybrid project.

This is Suzlon’s fourth wind order for steel decarbonisation in one year, taking its total green steel capacity contribution to about 1,156 MW across India.

Stock performance of Suzlon for Period of 1 week, 6 months, and 1 year

Suzlon Energy Ltd delivered a 0.57% return over the past week, declined 30.6% in the past 6 months, and fell 8.89% over the past 1 year.

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Shareholding pattern of Suzlon

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	11.70%	11.70%	11.70%
FII	23.70%	22.70%	23.00%
DII	9.20%	10.10%	10.20%
Public	55.30%	55.40%	55.10%

About Suzlon

Suzlon Energy Ltd (NSE: SUZLON) is a global renewable energy solutions provider, manufacturing wind turbines, components, and offering installation, operations, and maintenance services for all WTG sales.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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