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ABB India Wins ₹173.55 Crore Order for Wind Turbine Converters and Electrical Cabinets

Written by: Team Angel OneUpdated on: 29 Aug 2025, 7:23 pm IST
ABB India Limited has accepted an order worth ₹173.55 crore for supplying 3.X wind turbine converters and electrical cabinets to Siemens Gamesa Renewable Power, with deliveries scheduled throughout 2026.
ABB India Wins ₹173.55 Crore Order for Wind Turbine Converters and Electrical Cabinets
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ABB India Limited has confirmed securing an important supply order from Siemens Gamesa Renewable Power Private Limited, Chennai, valued at ₹173.55 crore. 

The order includes manufacture and supply of 3.X wind turbine converters and electrical cabinets, produced at ABB’s Nelamangala factory. Monthly deliveries are planned from January 2026 to December 2026 as part of this domestic contract.

Details of the Supply Order and Execution Timeline

The contract awarded by Siemens Gamesa is for supplying critical components including wind turbine converters and electrical cabinets on a built-to-print basis. This domestic supply order is scheduled for execution with monthly deliveries spanning the entire year of 2026, ensuring a steady workflow and supply chain engagement for ABB’s manufacturing units.

The overall order value stands at ₹173,55,00,000 (Rupees One seventy-three crore fifty-five lakh only), marking a significant business milestone for ABB India within the renewable energy equipment sector.

Partnership and Transaction Context

This supply contract is free from any promoter or promoter group interest in Siemens Gamesa, confirming the transaction is independent. Additionally, it does not classify as a related party transaction, indicating it was concluded on an arm’s length basis.

Read More: RailTel Bags ₹131.6 Crore PMC Order from RSLDC!

Impact and Market Positioning

This order reinforces ABB India’s position as a key supplier in the wind energy sector, supporting India’s growing renewable infrastructure. With a dedicated timeline and sizeable contract value, ABB solidifies its role in advancing clean energy technologies through high-quality electrical equipment manufacture and supply.

ABB India Share Price Performance

On August 29, 2025, ABB India share price opened at ₹5,003.00 on NSE, above the previous close of ₹5,000.50. During the day, it surged to ₹5,060.50 and dipped to ₹4,939.50. The stock is trading at ₹5,039.00 as of 12:33 PM. The stock registered a moderate gain of 0.77%.

Over the past week, it has declined by 0.47%, over the past month, it has declined by 9.10%, and over the past 3 months, it has declined by 16.46%.

Conclusion

ABB India’s ₹173.55 crore order from Siemens Gamesa underscores the company’s expanding footprint in the renewable energy equipment market. The year-long delivery schedule further highlights ABB’s manufacturing capacity and commitment to supporting India’s clean energy ambitions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 29, 2025, 1:53 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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