Suzlon-Tata Power Renewable Energy sign mega deal: Retail investors’ darling stock in focus

New Delhi: The shares of Suzlon Group are in the news on Tuesday, September 16, 2025, after renewable energy services provider bagged an 838 MW order from Tata Power Renewable Energy. Notably, the project is Suzlon’s largest order of this fiscal year, as part of its firm and dispatchable renewable energy project.

The 838 MW project awarded by Tata Power will include 266 of Suzlon's S144 wind turbines, with each turbine having a rated capacity of 3.15 MW. The project will be spread across Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW). The project is part of the FDRE bids awarded to SJVN and NTPC.

"As Tata Power Renewable Energy embarks on a strategic transformation to achieve 100% clean power by 2045, we're proud to support this ambitious journey with our advanced, 'Made in India' wind technology. Our partnership, spanning over a decade and marked by the third repeat order, underscores our shared commitment to India's energy transition," Girish Tanti, Vice Chairman, Suzlon Group, said.

At the time of writing this article on September 16, Suzlon stock was trading at Rs 59.28 per equity share. In the past six months, retail investors’ darling stock jumped around 9 per cent.

Notably, Suzlon bagged a mega deal from NTPC Green Energy Ltd (NGEL) for a 378 MW wind energy project. As per the deal, the wind energy services provider will supply 120 S144 Wind Turbine Generators (WTG) with Hybrid Lattice Towers (HLT) each with a rated capacity of 3.15 MW.

In September 2025, Suzlon Group, India's No.1 Wind Energy Solutions provider, informed that its turbine model, the S144, became India's First Lowest Carbon Footprint Wind Turbine Solution.

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In its April-June quarter results for 2025-26, Suzlon Energy posted 62 per cent increase in EBITDA at Rs 599 crore. In Q1 for FY26, the company’s Profit before taxes stood at Rs 459 crore, while Profit After Tax (PAT) was recorded at Rs 324 crore.

In its financials, Suzlon Energy registered consistent growth in the last 10 quarters. It stated that it recorded the highest-ever Q1 deliveries of 444 MW. 1 GW of orders received; 5.7 GW order book (75% C&I & PSU orders). Net cash position at Rs 1,620 crore as of June 30, 25.