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Suzlon Energy Plans Rs 300 Crore Investment for Growth

October 29,2024

Suzlon Energy Plans Rs 300 Crore Investment for Wind Energy Growth

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Suzlon Energy Ltd plans to invest Rs 300 crore in FY 2025 to expand its Wind Energy Capacity from 3.1 GW to 4.5 GW, addressing India's growing Renewable Energy demand. With a current order book of 5.1 GW, the company faces challenges in project execution and skilled labor shortages. It recently reported a 96% profit increase due to higher turbine deliveries.

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