Suzlon Energy secured a major wind project in India, boosting green steel production and stock prices.

Suzlon Energy secured a 302.4 MW wind project with Jindal Renewables in India, involving 96 wind turbines for steel plants in Chhattisgarh and Odisha, supporting green steel production and India's goal of 50% non-fossil fuel electricity by 2030. The deal, Suzlon's largest single C&I order, boosted the company's shares by 3%. This project aligns with Jindal's plan to expand renewable energy projects to 12 GW by 2030.

December 04, 2024
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