Small-Cap Green Energy Stock Jumps 11% on New Order from Adani Wind

Small-cap green energy stock Synergy Green Industries Ltd witnessed a remarkable surge of nearly 11% during intraday trading on Wednesday, July 9, 2025, following a key order update from Adani Wind, a division of the Adani Group. This latest development is set to double the company’s order book with Adani Wind, strengthening its position in the renewable energy manufacturing space.

Stock Performance: Synergy Green Soars After Order News

The shares of Synergy Green Industries opened at ₹537.95 on the Bombay Stock Exchange (BSE), marking a 3.4% jump from its previous close of ₹520.10. Momentum picked up soon after, with the stock touching an intraday high of ₹576.80, representing gains of 10.9% before slightly retracting.

The rally comes after the company disclosed post-market hours on Tuesday, July 8, that it received a new development order from Adani Wind for its 3.3 MW turbine platform—a key milestone in its journey as a trusted supplier of large, critical castings for the green energy sector.

The Development Order from Adani Wind: A Game Changer

According to the official exchange filing by Synergy Green Industries, the company has secured a development order from Adani Wind, the wind energy vertical of Adani New Industries Ltd. The order pertains to 3.3 MW turbine parts and is expected to be completed in two stages:

Development phase – targeted to be completed in Q3 FY26
Serial production – expected to commence in Q4 FY26

This order adds to Synergy’s existing collaboration with Adani Wind, under which the company already supplies bearing housing castings for Adani’s 5 MW turbine platform.

Order Book to Double from ₹20 Cr to ₹40 Cr

With this new development order in place, Synergy Green’s total order book from Adani Wind is projected to double, from approximately ₹20 Crores in FY 2025 to ₹40 Crores in FY 2026, as per internal volume forecasts.

This reflects not only the increasing trust of OEMs like Adani in Synergy Green but also indicates a growing trend of local sourcing and manufacturing in India’s renewable sector under the “Make in India” initiative.

About Synergy Green Industries Ltd: Powering Wind Energy Manufacturing

Founded in Kolhapur, Maharashtra, Synergy Green Industries has carved out a niche for itself as a manufacturer of large-scale precision castings for wind turbines, energy, and industrial sectors.

Advanced manufacturing and foundry infrastructure
Focus on renewable energy equipment
Long-term partnerships with leading global wind OEMs

The company emphasized in its filing, “We are proud to be a trusted supplier to leading global wind OEMs, and this order further reinforces our strategic positioning in the renewable energy sector.”

Adani Wind: A Fast-Rising OEM in Wind Energy

Adani Wind, a subsidiary of Adani New Industries Ltd. (ANIL), has emerged as one of the fastest-growing original equipment manufacturers (OEMs) in the Indian wind power landscape. With the Indian government setting ambitious renewable energy targets of 500 GW by 2030, the demand for high-efficiency wind turbines is rapidly rising.

Adani Wind’s Contributions:

Advanced wind turbine platforms (3.3 MW and 5 MW)
Strategic investments in green hydrogen and sustainable infrastructure
🇮🇳 Strong emphasis on domestic sourcing and vendor development

This new partnership with Synergy Green aligns with Adani’s broader goals of scaling indigenous wind component supply chains.

Market Analysis: Why Investors Are Bullish on Synergy Green

The 11% intraday rally is more than just market sentiment—it reflects investor confidence in:

Robust growth visibility from long-term OEM contracts
India’s strong policy push for domestic renewable manufacturing
Synergy’s expanding production capacity and technological edge

Moreover, small-cap energy stocks with strong fundamentals and green credentials are witnessing renewed interest amid global ESG (Environmental, Social, and Governance) trends.