New Delhi, June 3 -- Suzlon share price rebounded from day's low after the company announced its growth ambition of 10 GW Renewable Energy sales and 70 GW of Asset Under Management (AUM).

Suzlon Energy said it is entering a transformative growth phase - Suzlon 2.0 with an ambition to become one of the world's most integrated renewable energy companies.

By FY31, the company aims to expand annual renewable energy sales fourfold to 10 GW, grow its orderbook to 15 GW, and scale its AUM fourfold to 70 GW, building a strong annuity-led business.

"This growth will be supported by a ~40% market share in India's wind market, 3 GW export order intake, and a shift towards a higher-value mix by targeting a ~60% volume contribution from RE DevCo," ...