Shares of Suzlon Energy Limited gained over 2% in Tuesday’s trade, climbing to ₹59.27 on the NSE, after the company announced that it has secured its largest order of FY26. The stock opened firm at ₹58.29 and touched a high of ₹59.25, compared with the previous close of ₹58.07. Suzlon’s current market capitalisation stands at nearly ₹809 billion.
The Pune-based renewable energy major confirmed an 838 MW wind power project order from Tata Power Renewable Energy Limited (TPREL). The order, the second largest in Suzlon’s history, involves the supply of 266 units of S144 wind turbines of 3.15 MW each. Installations will be spread across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW).
The contract, part of the Firm and Dispatchable Renewable Energy (FDRE) projects, strengthens Suzlon’s partnership with Tata Power Renewable, marking their third repeat order in a decade-long collaboration. The deal is expected to accelerate India’s renewable energy transition and contribute to the Make in India initiative.
Despite the company reporting an 8.4% YoY decline in Q1FY26 net profit to ₹192.1 crore, Suzlon has consistently built its order pipeline with large-scale project wins, reaffirming its market leadership in wind energy solutions.
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