MoneyWorks4Me

Suzlon Group bags 201.6 MW order to power Waaree Group's wind project in Andhra Pradesh

23 Jul 2026 Evaluate

Suzlon Group has received a 201.6 MW order from Waaree Forever Energies (WFEPL), the Waaree Group's Independent Power Producer (IPP) arm, to power the Waaree Group's maiden wind project in Andhra Pradesh. Executed under the Suzlon DevCo model, the project marks a strategic step in both companies’ evolution as leading integrated renewable energy solutions players.

As renewable energy projects become larger and more complex, end -to- end execution models like DevCo are emerging as preferred models to enable faster execution, reduce development risks, and achieve greater scalability.

Under the project, Suzlon will install 64 nos. of its flagship S144 wind turbine generators (WTGs), with a rated capacity of 3.15 MW each in Andhra Pradesh. Suzlon will deliver its comprehensive EPC offering, covering land acquisition, turbine supply, Balance of Plant (BoP), commissioning, and life -time operations & maintenance services.

Suzlon energy is the flagship company of Suzlon group, which is leader in wind energy in the India.


Peers
Company Name CMP
Waaree Energies 2341.00
Apar Industries 14355.15
Havells India 1032.00
Suzlon Energy 37.40
Siemens 3250.00
View more..