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NIFTY23,4060.33%
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Suzlon Group Secures 100 MW Wind Energy Project from GAIL

Key Highlights

  • Suzlon Group has secured a 100 MW wind energy project from Gas Authority of India Ltd (GAIL), marking its fourth PSU order in FY26.
  • The power generated from this project will support the decarbonization of GAIL's upcoming petrochemical plant in Nandurbar, Maharashtra.

Project Details

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  • Suzlon Group will install 47 state-of-the-art S120 wind turbine generators (WTGs), each rated at a 2.1 MW capacity for this project.
  • The company will supply wind turbines, oversee equipment installation, and execute the project, including erection and commissioning, while providing comprehensive operations and maintenance services post-commissioning.

Market Position and Capabilities

  • Suzlon Group has over 2.2 GW of installed capacity and a 38% market share in Maharashtra, playing a key role in the state's growth as one of India's leading renewable energy hubs.
  • The company has a global presence, with 21.5 GW of wind energy capacity installed across 17 countries.

Strategic Focus

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  • Suzlon Group is enhancing its strategic focus in the PSU segment, with this project marking its sixth wind energy project from GAIL.
  • The company has a strong relationship with GAIL, a valued partner for over 15 years.

Investor Takeaway

Investors should consider Suzlon's growing strength in the renewable energy sector, particularly in the PSU segment.

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