Suzlon Group will set up 300 MW of wind projects for ReNew Power Ventures.
The company said it will supply, maintain, supervise and operate the wind farms for the developer.
Under the agreement, Suzlon will supply 48 units of its latest S9X suite of turbines (2.1 MW) for a 100-MW project in Maharashtra by the end of this fiscal.
The framework agreement for the balance 200-MW will be converted to firm contracts once site development is completed by ReNew Power, Suzlon said.
ReNew is one India's leading IPP players and aims to play a vital role in meeting the country's growing energy needs.
Mr Sumant Sinha, Chairman and CEO, ReNew Power, said: "This order marks our foray into the ‘Developers’ mode of large-scale wind power projects, notably in the areas of site development and power evacuation.”