Suzlon Secures 400 MW EPC Order from Tata Power, Crossing 1 GW Partnership
Suzlon Energy secured a 400 MW EPC contract from Tata Power Renewable Energy Ltd. This order brings their cumulative partnership to over 1 GW. Suzlon will supply 127 S144 (3.15 MW) WTGs for a project in Andhra Pradesh. The company's orderbook in Andhra Pradesh now stands at nearly 1 GW.
Securing a 400 MW EPC order from a key player like Tata Power is a substantial development that positively impacts Suzlon's revenue visibility, market position, and reinforces its strategic partnerships in the renewable energy sector.
The announcement details a significant new order from a major client, Tata Power, which expands their partnership and contributes to Suzlon's orderbook and market presence.
Suzlon Energy Limited has secured a new Engineering, Procurement, and Construction (EPC) contract for a 400 MW wind energy project from Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited. This repeat order, received within 12 months, brings the cumulative partnership between Suzlon and TPREL to over 1 GW across projects in Karnataka, Maharashtra, Tamil Nadu, and Andhra Pradesh.
The new project will be executed in the Anantapur district of Andhra Pradesh, where Suzlon's orderbook now stands close to 1 GW. Suzlon's current installed base in Andhra Pradesh is 1.8 GW, representing 28.44% of its installed base in South India.
As part of the contract, Suzlon will supply 127 units of its S144 wind turbine generators (WTGs), each with a rated capacity of 3.15 MW. The company will provide a comprehensive EPC offering, including land acquisition, turbine supply, Balance of Plant (BoP), Pooling Substation (PSS), Extra High Voltage Line (EHV), commissioning, and operations & maintenance services.
Girish Tanti, Vice Chairman of Suzlon Group, expressed pride in surpassing 1 GW in cumulative orders with Tata Power and highlighted the evolution of their partnership from individual projects to advanced hybrid and round-the-clock renewable energy solutions. Ajay Kapur, CEO of Suzlon Group, emphasized the growing preference for the EPC model due to execution certainty and Suzlon's ability to de-risk projects for customers.
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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 high impact, which is the band that most often changes something.
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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.