Suzlon Energy is powering up India’s renewable sector. On April 23, 2025, the company bagged a 378 MW wind energy project from NTPC Green Energy Ltd (NGEL). This deal strengthens their partnership and boosts India’s clean energy goals. Here’s what’s happening and why it’s a big win.
A New Wind Project
Suzlon will supply 126 wind turbine generators (WTGs), each with a 3 MW capacity, for the 378 MW project. “Suzlon Energy Ltd informed exchanges that it secured a 378 MW wind energy project from state-run NTPC Green Energy Ltd (NGEL) on Wednesday,” a Business Today report stated. The turbines will be installed across three sites in Gujarat. This builds on their existing collaboration, bringing their total partnership to 1,544 MW.
Why It Matters
This project supports India’s renewable energy push. Wind power is key to hitting the 500 GW non-fossil fuel target by 2030. “As NGEL aims to expand its renewable energy portfolio to 60 GW by 2032, this partnership lays a crucial foundation for showcasing the key role of wind,” said Girish Tanti, Vice-Chairman of Suzlon Group. Suzlon’s turbines will help NTPC power homes and industries with clean energy.
Key Highlights
- Project Size: 378 MW, using 126 WTGs of 3 MW each.
- Location: Three sites in Gujarat.
- Total Partnership: Now at 1,544 MW with NTPC Green Energy.
- NTPC Goal: 60 GW renewable capacity by 2032.
Suzlon’s Growing Role
Suzlon is a wind energy leader in India. It has a record-high order book of around 5.7 GW, per the Business Today report. The company offers end-to-end solutions, from turbines to project execution. “Suzlon’s innovation and technology expertise is redefining the renewable energy sector across the world,” its website notes. This project adds to Suzlon’s 1,166 MW order from NTPC in 2024, making it India’s largest wind power project, according to energynews.pro.
Challenges Ahead
Wind projects face hurdles. Land acquisition, permits, and grid integration can slow things down. Gujarat’s windy sites are ideal, but execution matters. Suzlon’s contribution margins are expected to stabilize at 20%, though steel prices and project dynamics could affect costs, per analyst Rajesh Sinha of Bonanza Group. Still, Suzlon’s experience gives it a strong shot at success.
The Bigger Picture
India’s wind sector is on the rise. The country has 46.66 GW of installed wind capacity as of March 2025, per MNRE data. Suzlon’s 378 MW project helps grow that number. It also aligns with India’s plan to double wind capacity by 2030. NTPC’s push for 60 GW by 2032 shows the scale of the transition. Wind power cuts emissions and creates jobs, making it a win for the planet and the economy.
Suzlon’s 378 MW deal with NTPC is a breeze of good news. With 1,544 MW now in their joint portfolio, the two are driving India’s wind energy future. Gujarat’s turbines will soon spin, lighting up lives with clean power.