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Suzlon wins 248.85 MW wind deal from ArcelorMittal for Gujarat green steel project.
Suzlon Group has won a 248.85 MW wind power order from ArcelorMittal Group for a Gujarat project, part of a 550 MW hybrid renewable initiative to support green steel production.
The deal, involving 79 wind turbines, marks Suzlon’s fourth major order in India’s green steel sector, adding about 1,156 MW of renewable capacity.
The project supports decarbonization efforts at ArcelorMittal Nippon Steel’s facilities and reflects growing industry investment in clean energy for heavy manufacturing.
Suzlon’s shares rose 3.05% following the announcement, signaling improved investor confidence amid sector-wide consolidation.
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Suzlon gana un acuerdo de 248.85 MW de energía eólica de ArcelorMittal para el proyecto de acero verde de Gujarat.