SUZLON ENERGY: RECHARGING ITS PERFORMANCE
Dalal Street Investment Journal|January 16, 2023
Having emerged from the dark woods when it had turned into a debt-ridden company, Suzlon Energy Limited is now back to commanding a powerful performance and investors would do well to keep their sights on how it restructures its growth story.
SUZLON ENERGY: RECHARGING ITS PERFORMANCE

Suzlon Energy Limited is primarily focused on manufacturing and operations and maintenance services (OMS) of wind turbine generators and related components. Having more than two decades of experience, it has scripted OMS best practices, thus setting industry benchmarks that ensure operational efficiency across various climatic zones. The company's global OMS team is custodian of a fleet of more than 9,470 wind turbines across 17 countries on six continents. Suzlon Energy Australia and Suzlon South Africa command the biggest international presence. In Australia, the company services the contract of Hallett and Hallett Hill Wind Farms, a leading energy service provider.

Cookhouse Wind Farm, South Africa's largest wind farm, utilises 136.8 MV of Suzlon South Africa's turbines which helps them produce green electricity power for 94,000 low income and 43,000 medium income South African homes every year. Suzlon Energy has had a presence for more than 25 years. It has been a market leader in the wind energy segment. The company has close to 19,500 megawatts of installed wind energy capacity with 5,500 people on board and a market share in India on a cumulative basis of over 33 per cent, which means one out of three turbines in India are 'Suzlon' brand turbines.

Unlike some of their competitors who make turbines for the entire world and therefore different wind regimes, Suzlon Energy's turbines are designed for Indian wind conditions. The company's technical design is adapted for Indian conditions and therefore, in terms of efficiencies and outputs, Indian 'Suzlon' brand wind turbines command technology leadership. In addition to that, it also has a vast customer base which includes Enel Group, Sembcorp Industries, Adani Limited, Aditya Birla, Bajaj Group, ONGC, Shree Cement, Torrent Power, Tata Power, and others.

Financials 

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