Suzlon Bags Fourth PSU Order of FY26 with 100 MW GAIL Deal
News by Aliceblue News Desk
24 Mar 2026
Introduction:
Leading renewable energy solutions provider announced its sixth repeat wind energy order from a major PSU gas company, further consolidating its market leadership in the public sector segment.
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Share Price Movement
On March 24, 2026, Suzlon Ltd opened at ₹41.25, up 3.28% from its previous close of ₹39.94. The stock reached a high of ₹41.44 (3.76%) and a low of ₹39.95. By 4:00 PM, it traded at ₹40.72, a 1.95% increase, with a market cap of ₹56,147.71 crore
100 MW GAIL Wind Energy Order
Suzlon Group announced its sixth wind energy project of approximately 100 MW from Gas Authority of India Limited (GAIL) on March 24, 2026. This is also Suzlon’s fourth PSU order of FY26, after orders from NTPC, BPCL, and AMC. The first five GAIL orders were executed in Tamil Nadu, Karnataka, and Gujarat.
The project will be executed in Nandurbar district of Maharashtra, where Suzlon will install 47 S120 wind turbine generators each rated at 2.1 MW capacity. The power generated will support the decarbonisation of GAIL’s upcoming petrochemical plant in Nandurbar. Suzlon will handle supply, installation, erection, commissioning, and post-commissioning operations and maintenance.
Suzlon holds a 38% market share in Maharashtra’s 5.8 GW wind capacity with over 2.2 GW of installed capacity in the state. PSU and C&I segments now constitute over 64% of Suzlon’s order book, having re-entered the PSU segment two years ago with a 1.1 GW order from NTPC Limited.
Stock performance of Suzlon Energy Ltd for Period of 1 week, 6 months, and 1 year
Suzlon delivered a 1-week return of -3.22%, a 6-month return of -29.5%, and a 1-year return of -31.0%.
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Shareholding pattern of Suzlon Energy Ltd
| 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 Energy Ltd
Suzlon Energy Ltd (NSE: SUZLON) is India’s leading renewable energy solutions provider with 21.5 GW of wind energy capacity installed across 17 countries and 15.5 GW in India.
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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.
FAQs
Q: Why is Suzlon Energy Ltd share price in focus today?
A: Suzlon Energy Ltd won its sixth repeat wind energy order of 100 MW from GAIL for 47 S120 turbines in Nandurbar, Maharashtra, its fourth PSU order of FY26.
Q: What is Suzlon Energy Ltd’s main business focus?
A: Suzlon Energy Ltd is a vertically integrated wind energy company that manufactures turbines, executes projects, and provides maintenance services across 17 countries globally.
Q: What are the 52-week high and low of Suzlon Energy Ltd stock?
A: Suzlon Energy Ltd’s 52-week high is ₹74.3 and 52-week low is ₹38.2 on the NSE.
News Author
Aliceblue News Desk
