Mumbai: Suzlon Energy Limited announced on Wednesday, 25 June 2026, it has secured an Engineering, Procurement, and Construction (EPC) contract for a 400 MW wind energy project from Tata Power Renewable Energy Limited (TPREL).
Exceeds 1 GW Partnership
This new order brings Suzlon's cumulative partnership with Tata Power Renewables to over 1 GW. The companies are now working on four projects across Karnataka, Maharashtra, Tamil Nadu, and Andhra Pradesh.
Project Details
Suzlon will install 127 S144 wind turbine generators, each with a rated capacity of 3.15 MW. The project is scheduled for execution in the Anantapur district of Andhra Pradesh.
Comprehensive EPC Offering
The company will deliver the project through its comprehensive EPC offering. This includes land acquisition, turbine supply, Balance of Plant (BoP), Pooling substation (PSS), Extra High Voltage Line (EHV), commissioning, and operations and maintenance services.
DevCo Business Model
This new EPC contract is part of Suzlon’s recently launched DevCo business model. Girish Tanti, Vice Chairman, Suzlon Group, said the order demonstrates how integrated development and execution can accelerate renewable energy deployment.
Repeat Order
This is a repeat order from TPREL, awarded in less than 12 months. Ajay Kapur, Chief Executive Officer, Suzlon Group, stated that EPC is emerging as a preferred model for renewable energy deployment as customers seek execution certainty.
Andhra Pradesh Milestone
With this order, Suzlon's orderbook in Andhra Pradesh now stands close to 1 GW. Suzlon's current installed base in Andhra Pradesh is 1.8 GW, contributing to 28.44 percent of its installed base in South India.
Financial Year 2026 Revenue
For the financial year 2026, Suzlon Group reported revenues of over USD 1.75 billion, which is approximately Rs 14,600 crore at an exchange rate of Rs 83.43 to USD 1. The company's market capitalisation was over USD 7.5 billion, or approximately Rs 62,572 crore, as of 1 June 2026.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.
