Is Suzlon a turnaround story after FY16

Let me give an Idea of total demand in the market (JUST FROM CENTER)

1. Tranche XII I think we are done with this hence we now are left with XIII and XIV

2. This 600MW we now have a sign PSA. This is what @The_Seeker you have shared. So this is ready to come in market and suzlon will aim to get that 2.95 kwh one.

3. Tranche XIV this one has been an eye opener for me.
   
   Only 690MW of bids were qualified rest were not qualified because the price was above the L1 tariff. Just see the price for XIV(almost 10% up) So I think suzlon will aim to get the 3.24Kwh one from here instead of the XIII which has a signed PSA.

4.Next month we have auction for Tranche XV 1.2GW let us assume there also only 700MW qualify.

So now in next one months we should have close to 2GW of projects which have to be allocated to the developers and this is just Center then we have state and C&I as well. After this we will have a 5 to 6 months gap.

Suzlon can wind close to 600MW from all of this 2GW.

Now Suzlon at this price does not have a good RR if anybody is taking a new entry check out for some more wind companies who are yet to deliver. I repeat that I dont like the industry but next 2 years are going to be golden years for wind. The demand is more than enough for every person to win tenders the only difference is Sulzon will be able to take the best one out of these.

For all wind related stuff use the website below they are the best