Inox Wind Restricted (IWL) has secured a major 153 MW order from an unnamed main renewable vitality developer that’s a part of a world clear vitality firm, the wind vitality options supplier introduced right now.
The shares of Inox Wind Restricted (IWL) have been buying and selling at ₹162.75 up by ₹9.56 or 6.24 per cent on the NSE right now at 10.13 am.
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The contract includes supplying IWL’s 3 MW class wind generators for a mission in Tamil Nadu, together with restricted scope EPC providers and multi-year operations and upkeep help following commissioning.
This marks the primary order of this scale from this specific buyer, increasing IWL’s diversified order guide in India’s rising business and industrial renewable vitality market.
Kailash Tarachandani, Group CEO of Inox Wind, highlighted the corporate’s “experience in wind mission execution” and “strong product and servicing excellence” as components positioning IWL as a “accomplice of selection for giant renewable mission builders.”
Inox Wind, a part of the $12 billion INOXGFL Group, operates as a totally built-in participant within the wind vitality sector with 4 manufacturing services 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 Providers Ltd., is reportedly India’s solely listed wind O&M providers firm, managing a portfolio of roughly 3.5 GW.
