Announced Tue, 8 Jul · 18:40 IST

Synergy Green Industries Limited has informed the Exchange regarding 'Receipt of development order for 3.3 MW Parts to Adani Wind'.

Order Above 5pct RevenueBusiness Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Synergy Green Industries has received a development order from Adani Wind for 3.3 MW turbine parts. The development phase is expected to be completed in Q3 of FY2026, with serial production scheduled for Q4 of FY2026. Synergy Green is already supplying bearing housing castings for Adani's 5 MW turbine platform. As a result of this new order, the company's order book with Adani Wind is projected to double — from Rs 20 Crores in FY2025 to Rs 40 Crores in FY2026, based on customer forecasts. The company manufactures large critical castings for wind turbine components from its facility in Kolhapur, Maharashtra.

Likely market impact

This is a positive development for shareholders as it signals strong business momentum with a major wind OEM customer and implies potential doubling of revenue from this key client. The projection is based on customer forecasts and not company guidance, so actual outcomes may vary.