Overview
- Suzlon announced Thursday that it has secured a 400 MW engineering, procurement and construction contract from Tata Power Renewable Energy to build a wind farm in Anantapur, Andhra Pradesh.
- The project will install 127 S144 wind turbines rated at 3.15 MW each and will be delivered under Suzlon’s DevCo/EPC model with land acquisition, turbine supply, balance of plant, pooling substation, extra‑high‑voltage line, commissioning and operations and maintenance.
- This repeat order, awarded within 12 months, raises the cumulative Suzlon–Tata Power partnership to more than 1 GW across Karnataka, Maharashtra, Tamil Nadu and Andhra Pradesh and pushes Suzlon’s Andhra Pradesh orderbook close to 1 GW against an existing 1.8 GW installed base in the state.
- Suzlon frames the deal as part of its ‘Suzlon 2.0’ DevCo growth strategy and says integrated end‑to‑end delivery gives offtakers execution certainty and helps de‑risk large renewable projects.
- Market reaction was muted with shares trading flat to slightly lower and Nuvama keeping a Hold rating with a small target tweak, and the order underlines a broader industry shift toward full‑scope EPC contracts as India scales wind capacity, making timely execution the key near‑term risk to watch.