Suzlon Secures India’s Largest Wind Turbine Order: 1,166 MW Deal With NTPC Green Energy

Suzlon Energy announced today (9 September) that it has secured India’s largest wind turbine order, totalling 1,166 MW, from NTPC Green Energy Ltd (NGEL), the renewables arm of the public sector energy giant, NTPC. 

The order comprises the installation of 370 wind turbine generators (WTGs) of the S144 model, each with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW.

These turbines will be deployed across two projects of NTPC Renewable Energy Limited (a wholly-owned subsidiary of NGEL) and one project by IndianOil NTPC Green Energy Pvt Ltd (a group company of NGEL), all located in Gujarat.

Although the exact value of the order has not been disclosed, the current market price for wind turbines stands at approximately Rs 6 crore per MW, covering the machines alone, excluding the costs of erection, commissioning, and operations and maintenance (O&M) services.

Under the agreement, Suzlon will supply the wind turbines, manage the complete project execution — including erection and commissioning — and provide ongoing O&M services post-commissioning. This major order brings Suzlon’s cumulative order book close to 5 GW, further strengthening its position in the renewable energy sector.

According to J P Chalasani, chief executive officer of Suzlon, the order from NGEL is a model contract in the wind energy sector.

This is because the land is available, the power purchase agreement is ready to be signed, and the balance of plant contracts have been awarded (to other companies). As such, there will be no delay in executing  the project, he said, speaking to businessline after the announcement of the order. 

This order is also a significant win for Suzlon, as it brings a new set of customers — public sector undertakings (PSUs) — into its fold. Suzlon has already built a strong customer base that includes utilities (Discoms), commercial and industrial clients, and retail customers such as small textile mills.

For many years, Suzlon was unable to participate in PSU tenders due to strict eligibility criteria, such as net worth requirements, but this order marks a turning point for the company.