Suzlon Bags 400 MW Wind Power Project From Tata Power Subsidiary; Stock In Focus

Suzlon Energy has secured a major 400 MW wind energy contract from Tata Power Renewable Energy Limited for a new project in Andhra Pradesh

Suzlon Energy announced a major corporate development on Thursday, June 25, 2026, after securing a major engineering, procurement, and construction (EPC) contract. The green energy giant has partnered with Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, to build a 400 megawatt (MW) wind energy installation.

The upcoming project will be developed in Anantapur, located in the state of Andhra Pradesh. Under the terms of the comprehensive agreement, Suzlon has been tasked with managing the entire lifecycle of project deployment, from initial land acquisition and equipment supply to final commissioning and long-term operation.

To meet the Anantapur facility’s target capacity, Suzlon plans to install 127 units of its flagship S144 wind turbine generators. Each of these advanced turbines has a rated capacity of 3.15 MW, providing the core infrastructure for the clean energy site. In addition to manufacturing and installing these large generators, the contract requires Suzlon to build the necessary supporting infrastructure, including installing a pooling substation, a balance-of-plant system, and additional high-voltage transmission lines. Once operational, Suzlon will also be responsible for ongoing operations and maintenance services to ensure optimal performance.

This contract marks a significant milestone as the Tata Power subsidiary has placed a second order with Suzlon in less than a year. This new agreement takes the combined portfolio between the two companies beyond the 1 gigawatt (GW) mark.

Over the past two decades, the corporate relationship has expanded from individual installations to the deployment of highly advanced hybrid and 24/7 green energy infrastructure. Currently, the partnership’s operational scope spans four major Indian states: Maharashtra, Tamil Nadu, Karnataka, and Andhra Pradesh.

This new order significantly strengthens Suzlon’s market presence in the southern region of the country. With this contract, the company’s total order book, particularly in Andhra Pradesh, has reached close to 1 GW. Currently, Suzlon has an installed base of 1.8 GW of installed wind capacity in Andhra Pradesh.

This regional footprint represents 28.44% of the company’s total operational asset base across South India. Corporate leadership stated that the comprehensive EPC model is rapidly becoming the standard approach for large renewable developments as it effectively reduces project execution risk for utility clients looking to scale operations.

Despite positive operational news, Suzlon Energy shares fell slightly during intraday trading on the National Stock Exchange (NSE). By noon on June 25, the company’s stock price was trading 0.50% lower at ₹57.62 per share, giving it a total market capitalization of ₹79,199.46 crore.

Looking at recent market trends, the stock has declined 1.35% in the past week, though it has maintained a steady gain of 6.78% in the past month. The company’s performance this year remains positive, with a gain of 9.87%. Historically, Suzlon shares reached a 52-week peak of ₹68.30 on July 16, 2025, and a 52-week low of ₹38.19 on March 9, 2026.