Suzlon Energy has announced the acquisition of its sixth repeat order from Gas Authority of India Limited (GAIL) for a wind energy project of approximately 100 MW. This marks Suzlon’s fourth order from a public sector undertaking (PSU) in the current fiscal year, following previous orders from NTPC, BPCL, and AMC. The project is set to be executed in the Nandurbar district of Maharashtra.
The order involves the installation of 47 state-of-the-art S120 wind turbine generators (WTGs), each with a rated capacity of 2.1 MW. Suzlon will not only supply these wind turbines but will also oversee equipment installation, project execution, and provide comprehensive operations and maintenance services post-commissioning.
Ajay Kapur, Chief Executive Officer of Suzlon Group, expressed satisfaction with the ongoing partnership with GAIL, which has spanned over 15 years. “We are happy to continue our strong relationship with GAIL, a valued partner for over 15 years and signing our sixth order together. We have worked over the years in Gujarat, Tamil Nadu, and Karnataka and are now extending this partnership with a maiden order in Maharashtra,” he stated.
Suzlon’s strategic focus on the PSU segment is evident as PSU and commercial and industrial (C&I) clients now constitute over 64% of its order book. The company re-entered the PSU segment two years ago with a 1.1 GW order from NTPC Limited.
The power generated from this project will support the decarbonisation of GAIL’s upcoming petrochemical plant in Nandurbar, Maharashtra. Suzlon’s significant presence in Maharashtra, with over 2.2 GW of installed capacity and a 38% market share, underscores its pivotal role in the state’s renewable energy sector.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).