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Suzlon Wins 838 MW FDRE Order From Tata Power Renewable Energy

The contract supports reliable, storage-integrated renewable supply for India’s grid.

Overview

  • The project will deploy 266 S144 turbines rated 3.15 MW each across Karnataka (302 MW), Maharashtra (271 MW) and Tamil Nadu (265 MW).
  • Suzlon said this is its largest order of the current fiscal and its second-largest ever after the 1,544 MW NTPC Green Energy deal.
  • The award is part of FDRE capacity tied to auctions by SJVN and NTPC that aim to deliver round-the-clock clean power.
  • The company did not disclose the monetary value of the contract.
  • Suzlon shares rose over 2% intraday to Rs 59.28 following the news, and most tracked analysts maintain buy ratings.