Intimation regarding Supervision, Erection and Commissioning Agreement with M/s. Suzlon Southern Projects Limited towards establishment of a wind power project of 6.3 MW capacity as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
GREENPOWER · price
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Orient Green Power's stepdown subsidiary Clarion Wind Farm has signed an agreement with Suzlon Southern Projects Limited for supervision, pre-commissioning and commissioning works related to the repowering of a 6.3 MW wind farm at Devarkulam, Tamil Nadu. The contract is valued at approximately Rs. 4.85 Crores (inclusive of GST) and is targeted for completion by June 2026. This follows the earlier intimation dated January 29, 2026 regarding the repowering contract awarded to Clarion. The contract is domestic, with no related party interest and no promoter group involvement in the counterparty entity.
This is a modest contract (under Rs. 5 Crores) and represents a step in the repowering (not new) of an existing wind asset, so the immediate impact on shareholders or stock price is likely limited. The project should help improve generation efficiency and output from the Devarkulam site once completed by mid-2026.