Suzlon Energy's CEO Global Operations and Maintenance Services Resigns Due to Family Health Reasons

Suzlon Energy Limited has announced the resignation of a key senior executive, marking a significant leadership change in the renewable energy company's operations division.

Executive Departure Details

Mr. Sairam Prasad, who served as CEO – Global Operations and Maintenance Services and was designated as one of the Senior Managerial Personnel (SMP) of the company, has tendered his resignation effective from the close of business hours on March 31, 2026.

Parameter:	Details
Name of SMP:	Mr. Sairam Prasad
Position:	CEO – Global Operations and Maintenance Services
Resignation Date:	March 31, 2026 (close of business hours)
Reason:	Family health reasons requiring relocation to Mumbai
Relationship with Directors:	Not related to any Directors of the Company

Regulatory Compliance

The company informed the National Stock Exchange of India Limited and BSE Limited about this development on March 27, 2026, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Company Secretary Geetanjali S. Vaidya.

Resignation Letter Details

In his resignation letter dated March 27, 2026, Mr. Prasad specifically mentioned that he needs to relocate to Mumbai for family health reasons. The letter was addressed to the Group Chief Executive Officer of Suzlon Energy Limited and formally requested the company to process his departure from the services.

Impact on Operations

With Mr. Prasad's departure, Suzlon Energy will need to address the leadership transition in its Global Operations and Maintenance Services division. The company has provided all required disclosures to stock exchanges and the public as mandated by listing regulations, ensuring transparency in this senior management change.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.43%	-2.95%	-5.47%	-27.93%	-29.19%	+716.40%

Suzlon Energy Limited has announced securing its sixth consecutive order of approximately 100 MW from GAIL (India) Limited through an official regulatory filing dated March 24, 2026. This latest contract reinforces Suzlon's position as a preferred wind energy solutions provider for major PSUs in India, marking the fourth PSU order in the current fiscal year.

Project Specifications and Strategic Details

The wind energy project will be implemented in Nandurbar district, Maharashtra, utilizing Suzlon's proven S120 wind turbine technology. The project will support the decarbonization of GAIL's upcoming petrochemical plant in Nandurbar, demonstrating the integration of renewable energy with industrial operations.

Parameter:	Details
Total Capacity:	~100 MW
Location:	Nandurbar District, Maharashtra
Turbine Model:	S120 WTGs
Number of Units:	47
Individual Capacity:	2.1 MW each
Project Purpose:	Support GAIL's petrochemical plant decarbonization

Market Leadership in Maharashtra

With over 2.2 GW of installed capacity and approximately 38% market share in Maharashtra, Suzlon has established itself as a dominant player in the state's renewable energy sector. Maharashtra's total wind capacity stands at 5.8 GW, positioning it as one of India's leading renewable energy hubs.

Strategic Partnership Expansion

This order represents the sixth collaboration between Suzlon and GAIL, extending their 15-year partnership into Maharashtra for the first time. Previous projects have been executed across Tamil Nadu, Karnataka, and Gujarat. According to CEO Ajay Kapur, PSU and C&I segments now constitute over 64% of Suzlon's order book, reflecting the company's strategic focus on institutional clients.

Technology and Implementation

Suzlon will provide comprehensive project execution including wind turbine supply, equipment installation, erection and commissioning, along with post-commissioning operations and maintenance services. The S120 Wind Turbine Generators represent Suzlon's advanced technology platform, designed to optimize energy generation in Indian wind conditions.