Synergy Green Gets Wind Turbine Parts Order From Adani Wind
By Ankur Chandra | Published at: Jul 9, 2025 11:54 AM IST
Kolhapur, July 9, 2025 – Synergy Green Industries Ltd. (BSE: 541929 | NSE: SGIL) has secured a significant development order from Adani Wind, the renewable energy division of Adani New Industries Ltd., for 3.3 MW wind turbine parts, marking a strategic expansion in its business with one of India’s fastest-growing wind OEMs.
Strategic Order to Boost Order Book by 100% in FY26
According to the company’s official disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, the development phase for the 3.3 MW turbine parts is scheduled for completion in Q3 FY26, with serial production expected in Q4 FY26.
Financial Impact of the Order:
| Particulars | FY25 | FY26 (Projected) |
|---|---|---|
| Order Book from Adani Wind | ₹20 crore | ₹40 crore |
| Growth YoY | — | 100% |
Note: The ₹40 crore order book projection is based on customer forecasts and business allocation estimates.
Background of Engagement
Synergy Green is already engaged in the serial supply of bearing housing castings for Adani Wind’s 5 MW turbine platform. This latest 3.3 MW development order underscores continued confidence from Adani and positions Synergy Green as a core manufacturing partner in the OEM’s diversification of wind turbine platforms.
Management Commentary
“This new development order reaffirms our strategic positioning in the renewable energy sector. Our capability in producing large, critical castings for wind turbine components positions us as a trusted partner to global wind OEMs,” said Sachin R. Shirgaokar, Chairman & Managing Director of Synergy Green Industries Ltd.
The company operates out of Kolhapur, Maharashtra, with state-of-the-art manufacturing facilities dedicated to heavy engineering castings for renewable energy applications.
Regulatory Compliance
This disclosure has been made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates prompt communication of material events including significant business orders.
Synergy Green Industries Stock Performance
Synergy Green Industries shares are trading at ₹555.65, representing a 6.79% gain as of 11:23 AM IST on July 9, 2025. Synergy Green Industries shares have gained 45% in the last year, up 20.53% in the year-to-date, and 4.28% in the previous month.
About Synergy Green Industries
Synergy Green Industries Ltd., listed on BSE and NSE (SGIL), specializes in manufacturing large and complex castings primarily for the wind energy sector. Its facilities in Kolhapur cater to global OEMs and support India’s clean energy transition.
Disclaimer: Order book projections are based on customer forecasts and may vary. Investors are advised to consider this while making investment decisions..
REF:https://nsearchives.nseindia.com/corporate/SGIL_08072025184025_Material_Event_Disclosure.pdf
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