Inox Wind Restricted (IWL) has secured a major 153 MW order from an unnamed main renewable vitality developer that’s a part of a worldwide clear vitality firm, the wind vitality options supplier introduced in the present day.
The shares of Inox Wind Restricted (IWL) had been buying and selling at ₹162.75 up by ₹9.56 or 6.24 per cent on the NSE in the present day at 10.13 am.
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The contract includes supplying IWL’s 3 MW class wind generators for a undertaking in Tamil Nadu, together with restricted scope EPC companies and multi-year operations and upkeep help following commissioning.
This marks the primary order of this scale from this explicit buyer, increasing IWL’s diversified order e-book in India’s rising business and industrial renewable vitality market.
Kailash Tarachandani, Group CEO of Inox Wind, highlighted the corporate’s “experience in wind undertaking execution” and “sturdy product and servicing excellence” as components positioning IWL as a “associate of alternative for big renewable undertaking builders.”
Inox Wind, a part of the $12 billion INOXGFL Group, operates as a completely built-in participant within the wind vitality sector with 4 manufacturing amenities throughout Gujarat, Himachal Pradesh, and Madhya Pradesh. The corporate produces blades, tubular towers, hubs, and nacelles, with a complete manufacturing capability of roughly 2.5 GW yearly.
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IWL’s subsidiary, Inox Inexperienced Power Companies Ltd., is reportedly India’s solely listed wind O&M companies firm, managing a portfolio of roughly 3.5 GW.
