Inox Wind Restricted (IWL) has secured a major 153 MW order from an unnamed main renewable power developer that’s a part of a world clear power firm, the wind power 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 entails supplying IWL’s 3 MW class wind generators for a challenge in Tamil Nadu, together with restricted scope EPC providers and multi-year operations and upkeep assist following commissioning.
This marks the primary order of this scale from this specific buyer, increasing IWL’s diversified order e-book in India’s rising industrial and industrial renewable power market.
Kailash Tarachandani, Group CEO of Inox Wind, highlighted the corporate’s “experience in wind challenge execution” and “strong product and servicing excellence” as elements positioning IWL as a “associate of selection for giant renewable challenge builders.”
Inox Wind, a part of the $12 billion INOXGFL Group, operates as a completely built-in participant within the wind power 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 Vitality Providers Ltd., is reportedly India’s solely listed wind O&M providers firm, managing a portfolio of roughly 3.5 GW.
