# Exel and Suzlon sign multi-year supply agreement for wind turbine components

Exel Composites' India-based joint venture Kineco Exel Composites India and Suzlon Energy signed a multi-year agreement for the supply of pultruded carbon fiber planks for spar caps used in wind turbine blades, with estimated value exceeding EUR 100 million through March 2029.

- Type: Contract
- Announced: 2026-11-06
- Where: India, India
- Value: $108.0M (100.0M EUR)
- Status: announced
- Products: pultruded carbon fiber planks, spar caps for wind turbine blades
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Exel Composites](https://endata.com/companies/46118.md)
- [Suzlon Energy](https://endata.com/companies/21370.md) (customer)
- [Kineco Exel Composites India](https://endata.com/companies/76407.md) (partner)

## Sources

- [windsystemsmag.com](https://www.windsystemsmag.com/news/exel-and-suzlon-extend-collaboration-with-multi-year-supply-agreement/), 2026-11-06: "Exel will supply an agreed share of Suzlon’s requirements for the products covered by the agreement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.