Adani Wind wins 696 MW of orders from five power producers, third-party book tops 1 GW
Adani Wind has secured orders for 696.2 MW from five power producers, pushing its outside-group order book past 1 GW, Moody's reported.
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what happened
Adani Wind, the wind unit of Adani New Industries Ltd, has booked orders totalling 696.2 MW from five power producers. Moody's, citing people familiar with the matter, says the buyers are Purvah Green Power, Jindal India Power, NTPC Renewable Energy, Aditya Birla Renewables and Integrum Energy, with projects in Karnataka, Gujarat and Maharashtra.
With these contracts, the company's order book from independent producers outside the Adani Group has passed 1 GW. Adani Wind also plans to lift annual manufacturing capacity at Mundra from 2.25 GW to 5 GW, with a longer-term goal of 10 GW, and is exploring exports to Europe, the US, Australia, Brazil and Southeast Asia.
According to the same sources, India is the world's fourth-largest wind market, with 59.2 GW installed and a further 43 GW under implementation. The country added a record 6.05 GW in fiscal 2026.
why it matters
For investors this is mainly company-specific news, and its revenue impact will depend on delivery schedules and project commissioning. For the broader market it signals continued growth in India's wind equipment sector.
market impact
Adani New Industries: wider customer base supports revenue outlook for the wind business
tags
instruments
sources
- Adani Wind bags 696 MW orders from five power producers, third-party book crosses 1 GW — Moody's, 24 October 2026 at 11:34 UTC
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