Suzlon Energy Shares Rally After Securing 838 MW Wind Project from Tata Power Renewable Energy

Despite a broadly weak market on Tuesday morning, Suzlon Energy's stock rose by 2%, driven by investor optimism following a major announcement. The company revealed that it has secured its largest order for fiscal year 2026-an 838 MW wind energy project from Tata Power Renewable Energy Limited (TPREL).

Suzlon Energy Share Price Today

Suzlon Energy's share price was trading at Rs 59.23, up by 1.59% from its previous close at 9:25 AM on Tuesday. The stock opened at Rs 58.30 and has so far touched an intraday high of Rs 59.28 and a low of Rs 58.29. Over the past year, Suzlon has recorded a 52-week high of Rs 85.85 and a 52-week low of Rs 46.15.

Suzlon Energy Secures 838 MW Order from Tata Power Renewable Energy

"The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, each with a rated capacity of 3.15 MW, strategically located across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW). The project is part of the FDRE bids awarded to SJVN and NTPC," the company announced.

The newly announced project is part of India's Firm and Dispatchable Renewable Energy (FDRE) initiative, which is gaining increasing relevance in the country's transition to sustainable energy. Notably, this order is Suzlon's second-largest ever, following a previous 1,544 MW contract with NTPC Green Energy.

Suzlon Energy and Tata Power Renewable Energy Limited Partnership

Strategic partnership between Suzlon Energy and Tata Power Renewable Energy Limited, a subsidiary of Tata Power Company, one of India's largest integrated power utilities combines Suzlon's homegrown technological expertise in wind turbine manufacturing with Tata Power's long-term vision to achieve 100% clean energy by 2045.

Under the terms of the contract, Suzlon will supply, install and commission a total of 266 wind turbines, each of 3.15 MW capacity, from its advanced S144 turbine platform. The project will be spread across three Indian states; Karnataka (302 MW), Maharashtra (271 MW) and Tamil Nadu (265 MW)

The turbines are part of the FDRE bids awarded to SJVN and NTPC, reflecting the government's push toward large-scale, dispatchable renewable energy systems that can maintain grid stability while delivering round-the-clock power.