Suzlon Energy has announced a major breakthrough in the renewable energy sector by securing its first wind energy order from global steel manufacturing leader ArcelorMittal. This landmark agreement represents a significant step forward in India's green energy transition and sustainable industrial development.

Project Specifications and Scope

The comprehensive wind energy project encompasses several key technical and operational parameters that highlight its substantial scale and impact:

Strategic Partnership Details

This order marks the first collaboration between Suzlon Energy and ArcelorMittal, establishing a new partnership in the renewable energy space. The 248.5 MW wind component forms part of ArcelorMittal's larger 550 MW hybrid renewable energy project, demonstrating the steel giant's commitment to sustainable manufacturing practices.

The project will involve the installation of 79 wind turbines, each with a capacity of 3.15 MW, strategically positioned in Gujarat to maximize energy generation efficiency. This configuration represents a substantial investment in clean energy infrastructure supporting industrial operations.

Green Steel Production Initiative

The wind energy project directly supports ArcelorMittal's green steel production capabilities in India, contributing to 1,156 MW of sustainable steel manufacturing capacity. This initiative aligns with the global steel industry's transition toward environmentally responsible production methods and reduced carbon emissions.

The integration of renewable energy into steel production processes represents a significant advancement in industrial sustainability, positioning both companies at the forefront of India's green industrial transformation. The Gujarat location provides strategic advantages for both wind energy generation and steel production logistics.

Suzlon Energy shares declined by 2.04% to trade at ₹46.03 on Friday, despite the company's strong financial performance across multiple metrics. The stock, which is a constituent of the Nifty Midcap 150 index, faced downward pressure amid broader market sentiment.

Financial Performance Shows Strong Growth

The company demonstrated remarkable revenue growth, with consolidated revenue increasing significantly from ₹6,529.09 crores in 2024 to ₹10,889.74 crores in 2025. Net profit also showed substantial improvement, rising to ₹2,071.63 crores in 2025 compared to ₹660.35 crores in 2024.

Quarterly Results Demonstrate Consistent Performance

The company's quarterly performance for September 2025 showed strong results with revenue of ₹3,870.78 crores and net profit of ₹1,279.44 crores, translating to an earnings per share of ₹0.93.

Balance Sheet Strength Improves Substantially

Suzlon Energy's balance sheet showed significant improvement with total assets increasing from ₹7,179 crores in March 2024 to ₹12,959 crores in March 2025. The company's reserves and surplus turned positive, moving from ₹1,198 crores to ₹3,373 crores during the same period.

Cash Flow and Financial Ratios Show Positive Trends

Net cash flow increased substantially from ₹59 crores in March 2024 to ₹685 crores in March 2025. Key financial ratios also improved, with the net profit margin increasing from 10.11% in 2024 to 19.02% in 2025, while return on equity grew from 16.84% to 33.92%.

Recent Corporate Actions

The company has undertaken several corporate actions recently, including the allotment of 5,55,250 equity shares under its Employee Stock Option Plan 2022 on January 8, 2026. A newspaper announcement under Regulation 30 was published on January 22, 2026, and a certificate under Regulation 74(5) of the SEBI regulations was issued for the quarter ended December 31, 2025.