Shares of Suzlon Energy Ltd, a renewable energy solutions provider, were trading in the green and 2% higher on 16 September after the company announced securing its largest order for the fiscal year 2026.

The company informed the markets that it has received an 838 megawatt (MW) order from Tata Power Renewable Energy Ltd. as part of its Firm and Dispatch Renewable Energy (FDRE) project.

The project will have 266 Suzlon S144 wind turbines, each with a rated capacity of 3.15 megawatts. The 838 MW will be distributed between Karnataka (302 MW), Maharashtra (271 MW), and Tamil Nadu (265 MW).

This is Suzlon Energy’s second-largest order to date, following the 1,544 MW contract obtained from NTPC Green Energy earlier. This is the company’s third order with Tata Power.

“The fact that Suzlon continues to be their (Tata Power RE) partner of choice reflects our ability to align with this vision through proven, ‘Made in India’ innovation and execution excellence,” Suzlon Group CEO JP Chalasani said.

In an interview last month, Chalasani stated that the company is in the process of hiring a new CFO. This comes after Himanshu Mody resigned after four years in the position.

Chalasani reaffirmed that the block deal in which promoters sold a portion of their ownership was largely for cash generation, and that their long-term commitment to the business has not changed.

At 12:37 pm, the shares of Suzlon Energy were trading 1.83% higher at Rs 59.13 on NSE.

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