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ABB India has secured an order worth INR 173.55 crore from Siemens Gamesa Renewable Power to supply advanced wind turbine converters and electrical cabinets. The deal, which will see monthly deliveries from January to December 2026, reinforces ABB India's position as a key player in the clean energy supply chain. The order is particularly significant as it provides a strategic boost to ABB India's business, which has been navigating a period of mixed financial results, while also supporting Siemens Gamesa's ongoing operational restructuring and commitment to the Indian market through key partnerships.
ABB India announced it has secured a significant order from Siemens Gamesa Renewable Power for the supply of next-generation wind turbine components. The order, valued at INR 173.55 crore, involves the manufacture and supply of 3.X wind turbine converters and electrical cabinets on a "built to print" basis from ABB India's factory in Nelamangala. Advertisement
The deal is a crucial strategic win for both companies. For ABB India, the year-long contract, with deliveries scheduled monthly from January to December 2026, provides a steady revenue stream and strengthens its position as a key supplier in the renewable energy supply chain. The announcement was met with a positive reaction from the market, with ABB India's stock rising despite the company's recent mixed financial performance, indicating strong investor confidence in the long-term prospects of this partnership.
For Siemens Gamesa, the order is part of a broader global strategy. The company is in the process of a major operational restructuring, which includes divesting a majority stake in its Indian wind business to a group of investors led by TPG. By entering into a long-term supply agreement with ABB India, Siemens Gamesa is ensuring it has a reliable partner for critical components while it focuses on its core operations.
The collaboration highlights the increasing demand for advanced, high-efficiency equipment in India's transition to green energy. Wind turbine converters are essential for converting the variable frequency of wind power into stable electricity for the grid, making them a vital link in the renewable energy infrastructure. The order solidifies the role of domestic manufacturing in supporting India's ambitious clean energy targets, which are driving a robust ecosystem of partnerships between global and local technology leaders.
Source - PTI
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