Suzlon Secures 201.6 MW Wind Order from Waaree Group in Andhra Pradesh
Suzlon Energy secured a 201.6 MW wind order from Waaree Group for a project in Andhra Pradesh. The order involves 64 units of S144 (3.15 MW) WTGs and includes EPC services. This marks Waaree's first wind project and reinforces Suzlon's DevCo model.
The order is for a substantial capacity (201.6 MW) and signifies a strategic partnership with a major player like Waaree Group. It also highlights the success of Suzlon's DevCo model, which could lead to more such orders.
The announcement details a significant new order win for Suzlon, which is a positive development for the company's business growth and order book.
Suzlon Energy Limited has announced a significant new order from Waaree Group's Independent Power Producer (IPP) arm, Waaree Forever Energies Private Limited (WFEPL). This order is for a 201.6 MW wind power project to be executed in Andhra Pradesh, marking Waaree Group's maiden wind project.
The project will utilize Suzlon's flagship S144 wind turbine generators (WTGs), with 64 units of 3.15 MW each. Suzlon will provide a comprehensive Engineering, Procurement, and Construction (EPC) offering, which includes land acquisition, turbine supply, Balance of Plant (BoP), commissioning, and lifetime operations and maintenance services.
This development is executed under the Suzlon DevCo model, which is gaining traction in the industry for enabling faster project execution and de-risking. This is the second consecutive DevCo-led EPC order for Suzlon within a week, highlighting the growing preference for integrated renewable energy solutions.
Girish Tanti, Vice Chairman of Suzlon Group, emphasized the strategic importance of the partnership, uniting two companies that have been pioneers in their respective renewable energy sectors. Ajay Kapur, CEO of Suzlon Group, noted the increasing demand for partners capable of large-scale, de-risked execution. Pawan Agrawal, CEO of Waaree Forever Energies Private Limited, stated that this project is a key milestone in building a diversified renewable portfolio beyond solar.
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Suzlon Energy Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Suzlon Energy Limited. Read the original for the full detail.