Suzlon Share Price Rises 2% on Securing Largest Order of FY26

Market Performance

In the early hours of Tuesday’s trade, Suzlon share price edged higher by nearly 2%. The stock touched an intraday high of ₹59.29 apiece on the BSE, compared to its previous close of ₹58.07.

The gain came at a time when stock market today was witnessing strong positive sentiment, giving Suzlon an extra boost.

Main News

The rise in Suzlon Energy’s stock was fueled by a big development. The renewable energy company confirmed that it has secured its largest order of FY26, adding momentum to its already impressive order book.

The deal is with Tata Power Renewable Energy Limited (TPREL), one of India’s leading clean energy players. This order marks a significant milestone for Suzlon and strengthens its position in India’s renewable transition story.

Company Details – Suzlon’s Order Win

Suzlon announced that the order win is part of Tata Power’s Firm and Dispatchable Renewable Energy (FDRE) project.

Key highlights of the project:

• Capacity: 838 MW – the largest order secured by Suzlon in FY26
• Turbines: 266 units of Suzlon’s S144 wind turbines, each rated at 3.15 MW
• Location Spread:
  • Karnataka – 302 MW
  • Maharashtra – 271 MW
  • Tamil Nadu – 265 MW

This is Suzlon’s second-largest order ever, following the 1,544 MW order from NTPC Green Energy in the past. The scale of this deal highlights the growing importance of FDRE projects in ensuring 24/7 renewable power supply for India.

Suzlon emphasized that this collaboration reflects the strength of Made-in-India clean energy technology. The partnership also extends a decade-long association with Tata Power, marking the third repeat order from the renewable major.

Stock Performance Over the Years

While the stock has seen a dip of 31% over the past year, the longer-term performance tells a very different story. Suzlon has been a multibagger for patient investors:

• 2 Years: +140%
• 3 Years: +602%
• 5 Years: +1850%

This shows the company’s transformation from troubled times to becoming a key pillar of India’s renewable energy push.

Summary

• Suzlon share price rose nearly 2% in morning trade after the company announced its largest order of FY26.
• The 838 MW order from Tata Power Renewable Energy will deploy 266 of Suzlon’s S144 wind turbines.
• Projects will be spread across Karnataka, Maharashtra, and Tamil Nadu.
• Despite a one-year dip, Suzlon has delivered multibagger returns over 2–5 years.
• The deal further cements Suzlon’s role in India’s energy transition journey.