Suzlon Energy: Knowing which way the wind blows, a recharge

Suzlon Energy, the poster boy of India's renewable energy story, has been chosen for its resilience in the face of existential adversity, the execution discipline with which it stabilised operations and steps taken to ensure institutional continuity during an unprecedented crisis.

At the core of the turnaround was a renewed emphasis on execution. Suzlon sharpened its project delivery capabilities, improved cost efficiencies and aligned its business model with India's rapidly evolving renewable energy landscape. Its ability to consistently deliver on orders and strengthen its order book signalled a return to operational credibility.

The company's net worth has turned positive after over a decade, and its market value climbed to more than ₹67,517 crore based on Thursday's share price.


Today, Suzlon is once again a key player in India's wind energy sector and is crafting Suzlon 2.0 vision to drive its business transformation from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.

Suzlon plans to diversify its portfolio across wind, solar, battery energy storage system (BESS), new emerging technologies, and diversified business models to offer integrated solutions to its customers.

The company is also commissioning three new AI-enabled smart blade factories to digitally upgrade its nationwide manufacturing footprint.

This February, the company appointed Ajay Kapur as its group chief executive officer and elevated JP Chalasani to the group executive council, to drive its business transformation as part of the Suzlon 2.0 vision.