Suzlon bags 400 MW EPC order from Tata Power, crosses 1 GW partnership

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SUZLON · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹57.89

prior close

₹57.53

announcement price

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Nifty Midcap 150market-0.5%-1.0% vs market

Heavy Electrical Equipment peers, median of 33sector-0.4%-1.1% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Midcap 150 and 1.1 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Next day

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UpDownMarket · Nifty Midcap 150Sector · Heavy Electrical Equipment peers, median of 33Pending

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AI summary

Suzlon secured a 400 MW EPC order from Tata Power Renewables (TPREL) for a wind project in Anantapur, Andhra Pradesh. This 4th order from TPREL in under 12 months pushes cumulative partnership past 1 GW across Karnataka, Maharashtra, Tamil Nadu, and AP. Suzlon will supply 127 S144 turbines at 3.15 MW each and handle full EPC including land, BoP, pooling substation, EHV line, and O&M. Order is part of Suzlon's new DevCo model. AP orderbook now nears 1 GW.

Likely market impact

Strengthens orderbook and revenue visibility; repeat order from top-tier client underscores execution credibility under the new DevCo model.