Suzlon Group has secured a 100 MW wind energy project from Gas Authority of India Limited (GAIL), marking its sixth repeat order from the PSU. This also represents Suzlon’s fourth PSU order in the current financial year, highlighting its growing traction in the government-backed renewable energy segment.
Project to Support Green Energy Goals
The project will be developed in the Nandurbar district of Maharashtra and is aimed at supporting the decarbonisation of GAIL’s upcoming petrochemical plant in the region.
Suzlon will put in 47 S120 wind turbine generators (WTGs), each with a power output of 2.1 MW. This will add up to a total capacity of about 100 MW.
End-to-End Project Execution
Suzlon will take care of the whole project lifecycle as part of the deal. This includes providing wind turbines, installing equipment, putting it up, and getting it ready for use. After commissioning, the company will also offer full operations and maintenance services.
Strong Market Position in Maharashtra
Suzlon still has a strong presence in Maharashtra, where it has installed more than 2.2 GW of wind energy capacity. It has about 38% of the market share in Maharashtra’s total installed wind capacity, which strengthens its position as the leader in the region’s renewable energy sector.
Long-Term Partnership with GAIL
Commenting on the development, Ajay Kapur, Chief Executive Officer of Suzlon Group, said, “We are happy to continue our strong relationship with GAIL, a valued partner for over 15 years and signing our sixth order together.”
He further added, “We have worked over the years in Gujarat, Tamil Nadu and Karnataka and are now extending this partnership with a maiden order in Maharashtra. Two years ago, we re-entered the PSU segment, starting with a 1.1 GW order from NTPC Limited. Today, PSU and C&I constitute of over 64 per cent of our orderbook and we are working with all the leading PSUs and C&Is in the country.”
Market Reaction and Growth Outlook
Following the announcement, Suzlon Energy’s shares remained in focus as broader markets traded positively, reflecting investor confidence in the company’s expanding order pipeline and continued growth in the renewable energy sector.
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