Suzlon Energy Secures 201.6 MW Wind Order from Waaree Group

Suzlon Energy has announced a significant 201.6 MW wind power order from Waaree Group for a project in Andhra Pradesh. This marks Waaree’s maiden wind project and is executed under Suzlon’s DevCo model. The order includes the supply of 64 units of Suzlon’s flagship S144 (3.15 MW) wind turbine generators (WTGs). This partnership underscores the growing demand for integrated renewable energy solutions and Suzlon’s capabilities in project execution.

Suzlon Energy Secures Major Wind Order

Suzlon Energy Limited announced today, July 23, 2026, that it has secured a new order for 201.6 MW of wind power capacity from Waaree Group. This significant order is for Waaree’s maiden wind project and will be executed in Andhra Pradesh, India. The deal highlights Suzlon’s continued success with its Development Cum Construction (DevCo) model, which is gaining traction in the industry for its ability to facilitate faster execution and de-risk projects.

Project Details and Turbine Supply

Under the terms of the agreement, Suzlon will supply 64 units of its high-performing S144 wind turbine generators (WTGs). Each WTG has a rated capacity of 3.15 MW. The scope of Suzlon’s engagement encompasses a comprehensive Engineering, Procurement, and Construction (EPC) offering. This includes critical services such as land acquisition, turbine supply, Balance of Plant (BoP) development, project commissioning, and comprehensive life-time operations and maintenance (O&M) services.

Strategic Partnership and Industry Trend

Girish Tanti, Vice Chairman of Suzlon Group, commented that this partnership is strategically vital, uniting two companies that have mirrored the evolution of India’s renewable energy sector. He emphasized that the industry is moving towards integrated solutions rather than standalone technologies, with the DevCo business model rapidly gaining momentum.

Ajay Kapur, Chief Executive Officer of Suzlon Group, added, “This is our second consecutive DevCo-led EPC order within a week, which reinforces growing demand for partners like us who can de-risk execution and deliver at scale. Our integrated project development and EPC capabilities are becoming a key differentiator in this evolving market.”

Waaree Group’s Ambitions and Suzlon’s Role

Pawan Agrawal, Chief Executive Officer of Waaree Forever Energies Private Limited, stated that through their IPP arm, Waaree is building a diversified renewable portfolio. He noted that this 201.6 MW wind project with Suzlon in Andhra Pradesh is an important milestone in their mission to power India’s clean energy transition and looks forward to a long-term partnership that strengthens India’s renewable energy ecosystem.

About the Companies

Waaree Energies Limited, founded in 1990, is a leading renewable energy company in India. It operates advanced manufacturing facilities and offers a comprehensive portfolio including solar panels, EPC services, green hydrogen solutions, and battery energy storage systems.

Suzlon Group is a wind-first, full-stack renewable energy solutions provider. With approximately 21.7 GW of wind energy capacity installed across 17 countries, Suzlon offers integrated renewable energy solutions covering RE Technology, RE Development, RE Projects, and RE Asset Management.

Source: BSE

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