Suzlon Bags 400 MW Tata Power Order; Partnership Crosses 1 GW

Mumbai, June 25: Suzlon Energy has won a 400 MW wind energy EPC order from Tata Power Renewable Energy Ltd (TPREL), pushing the two companies’ cumulative partnership beyond the 1 GW milestone, according to an exchange filing.

The latest order has been awarded under Suzlon’s Development Company (DevCo) model, under which the company undertakes end-to-end project execution, from supplying wind turbines to engineering, procurement, construction, commissioning and long-term operations and maintenance.

The project will be executed in Anantapur district of Andhra Pradesh, where Suzlon will deploy 127 units of its S144 wind turbine generators, each with a rated capacity of 3.15 MW.

This marks the fourth project awarded by Tata Power Renewables to Suzlon and the second repeat order from the company in less than a year. With the latest contract, Suzlon said its order book in Andhra Pradesh is now approaching 1 GW, further strengthening its presence in one of India’s fastest-growing wind energy markets.

Repeat Order Reflects Growing EPC Momentum

The fresh order underscores the increasing preference for integrated EPC execution in utility-scale renewable energy projects, where developers seek a single partner for project delivery.

Suzlon said its DevCo model combines turbine supply with balance-of-plant works, pooling substations, extra high voltage infrastructure, commissioning and long-term maintenance, allowing customers to execute projects through a single delivery platform.

The company added that the repeat business from Tata Power Renewables reflects the long-standing relationship between the two companies, whose projects now span Karnataka, Maharashtra, Tamil Nadu and Andhra Pradesh.

Management believes integrated execution models are becoming increasingly important as renewable energy developers look to reduce project risks and improve execution timelines.

Suzlon Share Price Trades Largely Unchanged

The order announcement had a muted impact on the stock during the morning session.

As of 11:33 IST on June 25, 2026, Suzlon Energy shares were trading at ₹57.88, down ₹0.03 or 0.05%. The Suzlon share price remained largely steady as investors weighed the significance of the repeat order against the company’s already strong execution pipeline.

While the financial value of the order was not disclosed, crossing the 1 GW partnership milestone with Tata Power Renewables reinforces Suzlon’s position as one of the country’s leading wind energy solution providers and strengthens revenue visibility over the medium term.

Company Background

Suzlon Energy is one of India’s largest renewable energy solutions providers, with operations spanning wind turbine manufacturing, project development, engineering, procurement and construction, and operations and maintenance services.

The company has an installed wind energy base of more than 21.7 GW across 17 countries and continues to expand its portfolio through integrated renewable energy solutions designed for utility-scale projects. Its next-generation turbine platform includes models ranging from 2.x MW to 6.x MW capacities.

Conclusion

Suzlon’s latest 400 MW order from Tata Power Renewables further deepens a relationship that has now crossed the 1 GW mark across multiple states. Beyond adding to the company’s order pipeline, the repeat mandate highlights growing customer confidence in Suzlon’s integrated EPC capabilities as India’s renewable energy sector continues to scale up.

Source:

• https://www.nseindia.com/get-quote/equity/SUZLON/Suzlon-Energy-Limited
• https://nsearchives.nseindia.com/corporate/SUZLON1_25062026111244_Suzlon_25-06-2026.pdf