Emerging
Jun 18, 20261
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Suzlon sets FY31 renewable sales target as Porvorim Town Square eyes August opening
Suzlon has said it aims to achieve 10 GW in annual renewable sales and 70 GW in assets under management by FY31. Separately, the Porvorim Town Square in Goa is expected to open by August, with officials targeting an Independence Day inauguration.
Quick Facts
Who
Suzlon
What
Suzlon announced a target of 10 GW in annual renewable sales by FY31
When
by FY31
Where
Porvorim, Goa
- Suzlon announced a target of 10 GW in annual renewable sales by FY31
- Suzlon set a goal of 70 GW in assets under management by FY31
- Porvorim Town Square is expected to be completed and opened to the public by August
- The Town Square is being developed as a civic and cultural hub
- Authorities are targeting Independence Day for the Town Square inauguration
Suzlon has outlined an ambitious plan to reach 10 GW in annual renewable sales and 70 GW in assets under management by FY31, setting a long-term growth target for its clean energy business. The company’s announcement comes as India’s renewable energy sector continues to draw investment and capacity expansion commitments from major industry players.
In a separate civic development, the Porvorim Town Square in Goa is expected to be completed and opened to the public by August, according to Goa Tourism Minister Rohan A. Khaunte. The project is being developed as a major civic and cultural hub with central government funding of more than Rs 1.2 billion.
The Town Square spans more than 11,000 sq m in Porvorim, about 9 km north of Panjim, and is intended as a public space for community engagement, cultural activities and social interaction. Authorities are targeting Independence Day for the inauguration, pending completion of the project.
The developments were reported separately but reflect two distinct updates: Suzlon’s long-range business goal in renewable energy and Goa’s plan to bring a new public space into use later this year.
Why This Matters
Suzlon’s target signals how aggressively India’s renewable-energy suppliers are planning for the next phase of growth, which can help investors, suppliers, and project developers gauge demand expectations and capital allocation. For readers tracking local infrastructure, the Porvorim Town Square update provides a concrete timeline for a new public space that could affect civic activity, tourism flow, and nearby business footfall in north Goa.
Timeline & Sources
Jun 18, 2026
WireConstruction World reported Suzlon's FY31 renewable sales target and the expected August opening of the Porvorim Town Square.