Synergy Green Industries Limited announced today a significant supply agreement with Envision Energy India Pvt Ltd for manufacturing wind turbine castings, marking a strategic expansion in the renewable energy manufacturing sector.
The shares of Synergy Green Industries Limited were trading at ₹469.40 up by ₹16.65 or 3.68 per cent on the NSE today at 3.08 pm.
The agreement positions Synergy Green to supply over 10,000 metric tons of castings annually for Envision Energy’s wind turbine production over the next three years. Envision Energy, with 3 GW annual assembly facilities in Pune, currently produces EN-156 3.3 MW turbines and has an order book of 7.7 GW in the Indian market.
According to the company’s disclosure to stock exchanges, product development is expected to take approximately six months, with serial production anticipated in the second half of fiscal year 2026. Synergy Green, which already manufactures large critical castings for wind turbine parts at its Kolhapur facility, has previously worked with major global wind Original Equipment Manufacturers (OEMs) like Vestas and Siemens Gamesa.
