#SuzlonEnergy was in focus today after an order win. What does the project mean for the company?
Vikas Srivastava shares details.
Read: https://bit.ly/3TEDWNO
Vikas Srivastava shares details.
Read: https://bit.ly/3TEDWNO
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TVTranscript
00:00 This order win has been happening or it's a continuation for the last nine months that
00:04 the company has been winning a lot of orders and almost around 1000 megawatt worth of orders
00:11 Suzlon has already won in the last nine months and that's happened mostly because of positive
00:16 sentiments in the favor of the company after they have turned around their financials,
00:21 paid off their debt.
00:22 So a lot of orders are now coming to them and also there has been focus as far as in
00:28 government is concerned they are tendering more of RTC projects now which is round the
00:33 clock and has a component of wind turbines into it or wind projects into it.
00:37 Earlier most of the projects were happening in the solar segment.
00:41 So that is one.
00:42 The other is there is a lot of focus also on you know if you see the projects in, if
00:48 you see the projects below 2 megawatt turbines which were there, they have to be converted
00:56 into 2 megawatt or 3 megawatt now.
00:59 So there needs to be a repowering or repowering of these projects.
01:03 Also if you look at their manufacturing capacity that is around 30% of the total market share
01:08 that they have.
01:09 So they can easily kind of you know cater to the demand that's there in the market.
01:14 So that's helping the company of late.
01:16 [Music]