Suzlon Secures 248.5 MW Wind Order from ArcelorMittal in Gujarat

Suzlon Energy Ltd has announced the acquisition of a 248.5 MW wind energy order from the ArcelorMittal Group. This order is part of a larger 550 MW hybrid project in Gujarat, intended for captive use by ArcelorMittal Nippon Steel facilities in India. The project will be executed in Bachau, Gujarat, and involves the supply of 79 S144 wind turbine generators, each with a rated capacity of 3.15 MW.

The financial terms of the order have not been disclosed in the filing. However, the project is significant as it is Suzlon’s first order from ArcelorMittal and marks its fourth major wind order aimed at decarbonizing steel production. This contributes to approximately 1,156 MW of green steel capacity in India. Suzlon continues to expand its presence in Gujarat, where it currently has an installed capacity base of 4.5 GW.

The scope of the project includes the supply and installation of 79 S144 wind turbine generators. These turbines are part of Suzlon’s advanced 3.x MW series, designed to optimize energy production. The project is a strategic move to support ArcelorMittal’s efforts in transitioning to low-carbon steel manufacturing. Suzlon’s role in this project underscores its capabilities in providing comprehensive wind energy solutions.

In the context of the renewable energy market, this order reinforces Suzlon’s position as a leading wind solutions provider in India. The company has been actively partnering with major steelmakers to facilitate the transition to renewable energy sources. This project aligns with Suzlon’s strategic focus on expanding its presence in the Engineering, Procurement, and Construction (EPC) segment, which it aims to increase to 50% of its overall order book.

The timeline for the project’s execution has not been specified in the filing. However, the project is part of ongoing efforts to support ArcelorMittal’s operations in India with clean energy solutions. Suzlon’s involvement in this project highlights its commitment to supporting the energy transition in the steel industry.

ArcelorMittal is a leading global steel producer, focusing on sustainable steel production and energy transition. The company is committed to reducing its carbon footprint and has been actively seeking partnerships to secure clean energy for its operations.

Suzlon Energy Ltd is a prominent renewable energy solutions provider with a global presence. The company specializes in wind energy and has installed over 21 GW of wind capacity across 17 countries. Suzlon’s strategic focus includes expanding its EPC segment and supporting the transition to renewable energy in various industries.