Core Announcement – Order Details

Awarding Entity: Torrent Green Energy (a Torrent Group company)

Domestic/International Order: Domestic (India)

Nature of Order/Contract:

Wind energy project involving supply, installation, and commissioning of wind turbine generators with comprehensive long-term operation and maintenance services.

Order Value:

250 MW capacity (value not specified in monetary terms)

Materiality Context:

  • Described as part of a growing partnership that has endured for over a decade
  • Represents repeat business from an existing client
  • Expands presence into Madhya Pradesh as an emerging growth market

Execution Timeline:

Not Specified

Revenue Recognition / Billing Structure:

Not Specified

Key Terms & Payment Milestones:

Not Specified

Whether Related Party Transaction:

No

Promoter Group Involvement:

Not Specified

Financial Implication:

  • Contributes to Suzlon's order book which has reached over 1.1 GW in FY27
  • Strengthens the company's cumulative partnership with Torrent to 1,306 MW

Technical Specifications

Turbine Details:

  • 76 units of S144 wind turbine generators
  • 3.3 MW capacity per turbine
  • Flagship model in Suzlon's product portfolio

Scope of Services:

  • Supply of wind turbines
  • Grid integration services
  • Long-term Operation & Maintenance (AMS) services

Project Geography:

  • Spread across three states: Gujarat, Karnataka, and Madhya Pradesh
  • Madhya Pradesh identified as an emerging growth market for wind energy

Partnership Context

Relationship History:

  • Sixth order from Torrent Green Energy
  • Partnership spans over a decade
  • Cumulative capacity now stands at 1,306 MW
  • One of Suzlon's largest customer partnerships

Management Commentary:

Girish Tanti, Vice Chairman, Suzlon Group: Emphasized that true success is measured by enduring partnerships that grow over time, noting that trust is earned through consistent performance in renewable energy.

Ajay Kapur, Chief Executive Officer, Suzlon Group: Highlighted customer confidence as the company's biggest strength, reflected in 1.1 GW of new orders secured in FY27, and noted the strategic importance of Madhya Pradesh as an emerging growth market.

Company Background

Financial Position (as disclosed):

  • FY26 revenues: USD 1.75+ billion
  • Market capitalization: USD 8.0+ billion as of 30 June 2026

Business Operations:

  • 22,000+ MW of wind energy capacity installed across 17 countries
  • Diversified renewable energy portfolio spanning RE Technology, RE Development, RE Projects, and RE Asset Management
  • Product portfolio includes 2.x MW, 3.x MW, 5.x MW, and 6.x MW wind turbine systems