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Suzlon
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Short description

Manufacturer of wind power turbines; developer of wind power projects

Founded in 1995
Founded in

Company type Public Public (SEL)
Company type

Industry Group energy & power

Sector wind

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters India Pune, India
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Updated by Cleantech Group on 09/09/2021

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Date Company
10/16/2014

Gujarat State Electricity Corporation Gujarat State Electricity Corporation

Suzlon has announced plans develop a 300MW offshore wind pilot project in the Indian state of Gujarat. The commencement of the project is expected for 2015.

Confirmed by Gujarat State Electricity Corporation

Partnerships
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Date Partner Type
02/25/2014
Nexans Nexans
Suzlon has turned to Nexans to support some 150 wind turbine generators in Brazil with complete end to end cable solutions . The total contract value is worth around $15 million.
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Confirmed by Nexans
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IPO INFORMATION

Date

09/25/2005

IPO status

Listed

IPO Type

IPO

Amount

$333.6M

Initial shares

30057930

Ticker symbol

SEL

Exchange listed

National Stock Exchange of India

Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
01/10/2017 Asia Climate Partners Asia Climate Partners , Olympus Capital Olympus Capital (2)
Post-money valuation of
PIPE $120,000,000
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