Companies manufacturing wind turbines or owning wind generation, per their own reports.
Wind power is a core business segment with 2,563 MW operational capacity and 683 MW added in FY 2025-26, including 5.2 MW onshore wind turbines at Khavda.
“Wind power plants operationalised 2,563 MW”
“19,294 MW operational portfolio (13,515 MW solar, 2,563 MW wind and 3,216 MW hybrid)”
Suzlon is a wind turbine OEM with 4,500 MW annual manufacturing capacity, 2,456 MW highest-ever annual deliveries, ~5.9 GW order book, and 22,000+ MW under service — wind is the principal business.
“we ramped up our annual manufacturing capacity to 4,500 MW, which clearly indicates the growing demand for our renewables. Our flagship S144 emerged as the preferred wind turbine for our clients, garnering nearly 9,000 MW of cumulative orders to date.”
Inox Wind is an integrated wind energy solutions provider with WTG manufacturing, EPC, O&M and component manufacturing as its principal revenue-generating businesses.
“During FY 2025–26, the Company delivered another year of strong financial performance, supported by healthy order execution, improved operational efficiencies, increased manufacturing activity, and continued momentum across its Wind Turbine Generator (WTG), EPC, Operations & Maintenance (O&M), and component manufacturing businesses.”
Core wind-energy infrastructure company providing end-to-end BOP/EPCC services for utility-scale wind farms, with 1.57+ GW energized, 2.16+ GW in hand, and a 646+ MW O&M portfolio.
“KP Energy Limited is a prominent leader in the Indian wind energy sector, distinguished by its advanced and comprehensive Balance of Plant (BOP) solutions that drive the sustainable development of large utility-scale wind and wind-solar hybrid farms.”
Wind power generation is explicitly listed alongside solar as a principal business of the company in the Nature of Industry disclosure.
“Nature of Industry The Company is mainly into the business of generation of renewable energy viz., Solar and Wind.”
Indowind is an IPP whose principal business is developing, generating and selling power through windmills, with wind asset management and green power sales.
“Indowind Energy Limited (IWEL) is an Independent Power Producer in the renewable energy field, engaged in the development, generation and distribution of power through windmills, wind asset management, and sale of green power to utilities and corporates.”
“First / exclusive charge over the Borrower's operational 18 MW wind power project, together with all movable and immovable assets relating thereto.”
The company's primary business is infrastructure development for wind turbine generator installations and renewable energy projects, including future focus on strengthening its presence in wind energy infrastructure.
“The Company is primarily engaged in infrastructure development for the installation of Wind Turbine Generators and renewable energy projects.”
“He has shown the way from the front to make over Veer Energy & Infrastructure Limited as one of the apex wind farm infrastructure developer in India.”
L&T has a dedicated Offshore Wind business vertical as one of four verticals within its Energy segment.
“Your Company pursues growth opportunities in this sector through four distinct business verticals: Hydrocarbon Onshore, Hydrocarbon Offshore, Offshore Wind and CarbonLite Solutions.”
NTPC has 893 MW of commissioned wind capacity and 5,637 MW under execution, with continued investment in wind and hybrid renewable projects.
“The Company is further strengthening its renewable footprint with 15,040 MW of capacity under execution, comprising 9,403 MW of solar projects and 5,637 MW of wind projects.”
“NTPC had 15,040 MW of renewable capacity under execution as of 31 March 2026, including 9,403 MW of solar projects and 5,637 MW of wind projects.”
ONGC's subsidiary ONGC Green Limited acquired 288.8 MW of operating wind plants and additional capacity through the Ayana acquisition, raising group renewable capacity to 2.5 GW.
“OGL acquired PTC Energy Ltd. (now OGL One Limited), adding seven wind plants with 288.8 MW capacity in Madhya Pradesh, Karnataka, and Andhra Pradesh.”
Aditya Birla Renewables operates wind capacity as part of a pan-India renewable energy portfolio serving utilities and C&I customers.
“Built on a strong foundation in solar, wind, hybrid, and emerging storage-led solutions, the business has developed a pan-India renewable energy portfolio across multiple states and serves both government utilities and commercial and industrial (C&I) customers.”
CG supplies generators and components for wind turbines, and has supplied power transformers for wind farms (e.g., 143 MVA unit in the U.S.), but wind is not the main business.
“In the renewable energy space, CG strengthened its contribution to clean power generation through the supply of generators and components for windmill applications.”
GAIL operates ~118 MW of installed wind energy capacity, the bulk of its 154 MW renewable energy portfolio, complementing its core natural gas business.
“~118 MW is from Wind Energy”
“Wind Capacity of 118 MW Renewables Portfolio”
Bharat Forge manufactures critical components for wind power generation as part of its Industrial business segment.
“Proven capability in delivering critical components for thermal, wind, hydro and nuclear power systems”
NHPC operates a 50 MW commissioned wind power station in Rajasthan as part of its generation asset base.
“Rajasthan Wind Power 50 2016-17”
“NHPC, as the country's premier hydropower developer, is well positioned to capture this opportunity while continuing to diversify into solar, wind and green hydrogen, in line with its stated vision of becoming a fully diversified green energy major.”
APAR supplies cable solutions specifically for wind energy installations as a stated business line within its Cable Solutions segment.
“Leading provider of wind energy cables with a growing presence in solar and energy transition projects.”
Wind is a live operational renewable segment for Torrent Power with reporting PLFs, forming part of the company's renewable mix alongside solar and hybrid projects targeting 10 GW by 2030.
“wind PLF remained broadly stable, increasing marginally from 24.2% to 24.5% due to higher wind speeds.”
GFL has exposure to wind power generation through associate company Flurry Wind Energy Private Limited (FWEPL), which is engaged in setting up, operating and maintaining wind power projects for electricity generation.
“FWEPL, an Associate Company of GFL, is engaged in the business of setting up and operation and maintenance of wind power project for generating electricity using wind energy.”
MTAR fabricates specialised structures including rotor and stator assemblies for wind energy applications as one of its clean energy verticals, supplying global OEMs such as Voith.
“fabricates specialised structures for hydropower and wind-energy applications and has expanded into Oil & Gas, where it is developing and supplying key products for renowned global customers.”
SJVN operates 97.60 MW of wind power capacity at Khirvire (Maharashtra, 47.60 MW) and Sadla (Gujarat, 50 MW) wind power stations as part of its diversified renewables portfolio.
“Sub-total (Wind) 97.60”
“Wind projects, including wind-solar hybrids, will be established in Tamil Nadu, Karnataka, and Andhra Pradesh.”
“SJVN aims to build 1,500+ MW of wind projects by 2030.”
Wind is a growing business line, with a 150 MW GUVNL wind IPP PPA-signed and a 300 MW SJVN wind IPP in progress in FY26.
“150 MW + 300 MW Won a 150 MW wind IPP from GUVNL, PPA signed and financial closure achieved, and a 300 MW wind IPP from SJVN, PPA signing in progress.”
“In wind, the 150 MW GUVNL IPP project has its PPA signed, while the PPA for the 300 MW SJVN IPP is awaited, and will be concluded soon.”
Manufactures wind generator laminations, rotor/stator cores, ribbed shafts and windmill pedestals as a component supplier to wind turbine OEMs; renewable energy/pump motors contributed 7% of FY26 revenue.
“Large stator and rotor cores, frames, laminations, and machined components for wind turbine generator and renewable equipment OEMs, including long-standing customers in the segment.”
“In wind energy, the shift towards higher-capacity turbines is increasing demand for large-format ductile (SG) iron castings, including hubs, nacelle housings and gearbox housings.”
Company operates windmills in Karnataka and Maharashtra with reported revenue from wind power generation (Rs. 75.23 lakhs in FY25-26), though it is a very small segment relative to total income.
“revenue from other activity (includes power generation from Windmill) increased from Rs. 65.96 Lakhs in Financial Year 2024-25 to Rs. 75.23 Lakhs in Financial Year 2025-26.”
Yuken India owns a subsidiary, AEPL Grotek Renewable Energy Private Limited, which is engaged in commercial wind power generation, representing real wind-energy exposure outside its core hydraulic business.
“AEPL Grotek Renewable Energy Private Limited (engaged in the generation of wind power).”
Subsidiary Indutch Composites operates in wind energy and advanced composites manufacturing, posting ₹857 crore revenue in FY26 and expanding mould capacity, supporting MAIL's diversification.
“Indutch Composites Technology Private Limited posted a turnover of ` 857 crore in FY26, reflecting strong execution in the wind energy and advanced composites segments.”
The company generates and sells wind-generated power, contributing to the Rs.7.31 crores combined wind+solar power revenue in FY2025-26, though this is a minor revenue stream relative to its chemical business.
“Total power generated, sold through Wind and Solar during the year under review is Rs.7.31 Crores.”
STEL manufactures windmill towers as part of its Renewable Energy vertical and integrated steel-structure portfolio, but wind components are not a separately disclosed revenue driver and the company does not develop/operate wind generation capacity.
“Our manufacturing portfolio includes telecom towers, monopoles, utility structures, solar mounting structures, windmill towers and heavy steel structures, supported by four manufacturing facilities—three in Hapur, Uttar Pradesh, and one in Bhilai, Chhattisgarh.”
“The renewable energy capabilities also extend to wind power through the manufacturing of windmill towers.”
The company owns and operates 5 wind mills across Karnataka, Maharashtra, Gujarat and Andhra Pradesh, supplying generated power to respective state grids as a secondary business line alongside its core conveyor belt operations.
“Your Company presently has in total 5 Wind Mills. All these Wind Mills are generating green energy in the states of Karnataka, Maharashtra, Gujarat and Andhra Pradesh and the same is supplied to respective state consumers through state grids.”
The company operates two wind farms totaling 1.6 MW and sells their electricity to Gujarat Urja Vikas Nigam under a 20-year power purchase agreement.
“We are also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar. We have entered into PPA with Gujarat Urja Vikas Nigam Limited for sale of electricity generated through these wind farms for a period of 20 years.”
“We are also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar. We have entered into PPA with Gujarat Urja Vikas Nigam Limited for sale of electricity generated through these wind farms for a period of 20 years.”
Manufactures wind turbine gears as a listed non-automotive product application.
“Industrial and Wind Turbine Gears”
The company generates electricity through wind power and sells it, as a secondary activity alongside its core steel rolling mill business.
“Further, the Company is also involved in generation of electricity through Wind Power which was sold during the period under review.”
Wind power generation is stated as one of three infrastructure business lines of the company, alongside liquid commodity storage and agri warehousing, but it is not the primary focus based on executive responsibilities.
“Nature of Industry: The Company is engaged in the business of infrastructure viz. storage of liquid commodities, agri warehousing facilities and wind power generation.”
“Renewable Energy – The Company has set up wind energy projects in MP including through a wholy-owned subsidiary.”
Wind power generation is one of the company's two stated business lines (commenced Sept 2010), but the rubber reclamation segment dominates revenue based on the report's focus and financials.
“The company is engaged in power generation through wind energy and Rubber reclamation from waste tyres.”
The company operates a Power Projects Division that has installed wind power projects, with falling power purchase prices noted as affecting margins, indicating real but non-core operations.
“Lahoti Overseas Limited has ventured into the Renewable Energy Sector by installation of Wind Power projects and Solar Power projects.”
Wind power generation is a listed business segment of Acknit Industries, contributing Rs. 30.24 Lakhs in revenue in FY2025-26 (vs. Rs. 33.02 Lakhs in FY2024-25), though management is evaluating continued viability as the windmill nears end-of-life.
“Power generation by operation of wind mills to supply on commercial base”
“Power generation by operation of wind mills to supply on commercial base”
Cenlub develops Wind Mill Lubrication Systems as a product line, supplying lubrication components for wind turbines as a non-core, emerging application area.
“the Company continued its efforts towards development and enhancement of products in new and promising application areas, including Lubrication Systems for Construction sector and Heavy machinery, Wind Mill Lubrication Systems and Next-gen Rail Lubrication Systems.”
Spectrum Foods lists wind energy generation as one of its two industry segments alongside FMCG salt, and reports earned profit from this segment in FY 2025-26.
“Company is also into windmill energy generation and has earned profit in that segment as mentioned in the audit report annexed to this annual report.”
Sambandam operates wind power generation capacity and sells electricity to third parties (Rs 121 lakhs in FY25-26), supplementing its core cotton yarn spinning business.
“Wind Turbine Generator Power sold to third party 121 110”
Company operates four Wind Mill Undertakings under Power Purchase Agreements (PPAs), indicating commercial sale of wind-generated electricity, though this is ancillary to its core cotton yarn spinning business.
“To approve to either renew the Lease Agreements alongwith the Power Purchase Agreements (PPAs) or sale/slump-sale/scrap or otherwise disposal of any one or all the four Wind Mill Undertakings of the Company”
“The Company has four Wind Mills, engaged in the business of Power Generation, located at (1) Village Suthari, Taluka - Abdasa, Dist. Kutch (Gujarat), (2) Village Okha Madhi, Taluka - Dwarka, Dist. Jamnagar (Gujarat), (3) Village Methan, Survey No. 284, Taluka - Jamjodhpur, Dist. Jamnagar (Gujarat) and (4) Village Methan, Survey No. 284/3, Taluka - Jamjodhpur, Dist. Jamnagar (Gujarat).”
Operates a windmill power-generation business as one of two segments alongside its primary NBFC lending activity.
“Your company works in 2 (Two) Segments related i.e. (i) NBFC Activity and (ii) Power Generation business (Windmill).”
“51.2 To promote, finance, invest in and/or own projects for generation of power from solar, wind, hydro and other renewable energy sources, whether grid-connected or off-grid, directly or through SPVs”
“Your company, being a Non-Banking Financial Company and generating power from the Windmills has no activities involving conservation of energy.”
Definition used: Manufactures wind turbines or components, or develops/owns/operates wind generation capacity AS A BUSINESS (selling power or capacity). Captive wind capacity for the company's own consumption does NOT qualify. Membership is extracted from each company’s newest annual report; every quote is validated against the report page before publishing, and core/growing tiers are confirmed by a second independent read (marked ). Companies whose reports our corpus hasn’t read yet simply aren’t listed — absence means unread, not “no exposure”.
MarketPing publishes facts, filings and measured history only — nothing on this page is investment advice, a recommendation or a rating.
