Highlights
- Suzlon secured a new 400 MW EPC wind energy order from Tata Power.
- The latest contract takes the Suzlon-Tata Power partnership beyond 1 GW.
- The Andhra Pradesh project will feature 127 S144 wind turbine generators.
Suzlon Energy Limited (NSE:SUZLON) has secured a new 400 MW engineering, procurement and construction (EPC) contract from Tata Power Renewable Energy Limited (TPREL), taking the cumulative partnership between the two companies beyond 1 GW.
The order has been awarded under Suzlon's recently launched Development Company (DevCo) business model and marks the fourth order received from Tata Power Renewable Energy. According to the company, this is also a repeat order received within a period of less than 12 months.
Source: Analysis by Kalkine
Partnership Milestone Crosses 1 GW
With the latest contract, Suzlon and Tata Power Renewable Energy are now working together on four projects across Karnataka, Maharashtra, Tamil Nadu and Andhra Pradesh.
The company stated that the new order takes the cumulative capacity under the partnership to more than 1 GW, highlighting the continued business engagement between the two renewable energy companies.
The project will be developed in the Anantapur district of Andhra Pradesh, a state that continues to be an important market for wind energy installations.
Andhra Pradesh Orderbook Nears 1 GW
Following the latest order, Suzlon's orderbook in Andhra Pradesh has approached the 1 GW mark. The company said its installed wind energy base in Andhra Pradesh currently stands at 1.8 GW. According to the company, this represents 28.44 percent of Suzlon's installed base in South India.
The latest project further expands Suzlon's project pipeline in the state as renewable energy deployment continues across multiple regions.
Details Of The 400 MW Project
As part of the contract, Suzlon will supply and install 127 units of its S144 wind turbine generators (WTGs).
Each turbine will have a rated capacity of 3.15 MW. The company will execute the project through its EPC offering, which includes land acquisition, turbine supply, Balance of Plant (BoP), Pooling Substation (PSS), Extra High Voltage (EHV) transmission line infrastructure, commissioning and operations and maintenance services.
The project will be executed under Suzlon's DevCo-led business model, which focuses on integrated renewable energy project development and execution.
Management Commentary On The Project
Girish Tanti, Vice Chairman, Suzlon Group, said, "Tata Power operates one of India’s largest renewable energy portfolios, and we are proud to have surpassed 1 GW in cumulative orders with them across four states. Over the past two decades, our partnership has evolved from individual projects to advanced hybrid and round-the-clock renewable energy solutions that support India’s energy transition. As an EPC project under the DevCo model, this order demonstrates how integrated development and execution can accelerate renewable energy deployment."
Ajay Kapur, Chief Executive Officer, Suzlon Group, said, "As customers seek execution certainty, EPC is emerging as the preferred model for renewable energy deployment. Suzlon's proven end-to-end execution enables customers to de-risk projects and scale with confidence. We believe this integrated delivery model will play a critical role in accelerating India's next phase of renewable energy growth."
Renewable Energy Market Trends In Focus
India's renewable energy sector continues to witness investments in wind and solar capacity as power producers expand clean energy portfolios.
Companies operating in the sector are increasingly adopting integrated project execution models that combine development, infrastructure creation and long-term operational support.
Market participants often track project execution timelines, order inflows, regulatory developments and power demand trends while evaluating renewable energy companies.
Key Risks To Watch
- Delays in project execution may impact revenue recognition.
- Regulatory changes could affect renewable energy project economics.
- Land acquisition challenges may delay project development.
- Dependence on order inflows can influence business visibility.
Summary
Suzlon has secured a new 400 MW EPC wind energy contract from Tata Power Renewable Energy, taking the cumulative partnership between the two companies beyond 1 GW. The project will be executed in Andhra Pradesh under Suzlon's DevCo-led model and will involve the installation of 127 wind turbine generators. Investors are expected to track project execution progress, future order inflows and developments in the renewable energy sector.
FAQs
Q: What is the size of Suzlon's latest order from Tata Power Renewable Energy?
A: Suzlon has secured a 400 MW EPC wind energy project from Tata Power Renewable Energy.
Q: How many wind turbine generators will Suzlon supply for the project?
A: The company will install 127 S144 wind turbine generators with a rated capacity of 3.15 MW each.
Q: Where will the new Suzlon-Tata Power project be executed?
A: The project is planned in the Anantapur district of Andhra Pradesh.