Inox Green Energy Services Ltd, a leading player in India’s renewable energy O&M space, has announced a significant expansion of its operations.
The company has entered into agreements to provide Operations and Maintenance (O&M) services for 639 MWp of solar power projects. These projects belong to one of India’s top renewable energy firms, which is backed by a global energy multinational.
The newly added solar projects are spread across multiple locations in India, reinforcing Inox Green’s pan-India presence and operational capabilities. This move aligns with the company’s strategy to diversify its O&M portfolio beyond wind energy.
With this development, Inox Green’s total solar O&M portfolio now stands at approximately 1.6 GW. The company has been aggressively scaling up its presence in the solar segment to complement its stronghold in wind O&M services.
The addition of these projects takes Inox Green’s total renewable O&M portfolio to over 5 GW, reflecting its growing influence in India’s clean energy ecosystem.
On this occasion, Mr. SK Mathu Sudhana, CEO of Inox Green, stated, “We are delighted to announce that we have secured another 639 MWp of solar O&M agreements, as we continue to march ahead in this segment. With this, Inox Green has achieved an important milestone crossing 5 GW of renewable assets in our O&M portfolio. We are confident of continuing our portfolio ramp up and scale newer highs both operationally and financially in the coming years.”
Inox Green Energy Services Limited is a leading operations and maintenance (O&M) service provider in India’s renewable energy sector, managing over 4 GW of renewable assets. The company specialises in delivering long-term O&M solutions for renewable energy projects. A part of the INOXGFL Group and a subsidiary of Inox Wind, Inox Green benefits from a strong synergistic partnership. It also holds the distinction of being India’s only listed pure-play renewable O&M services company.
On May 21, 2025, Inox Green share price opened at ₹181.00, almost the same its previous close of ₹181.35. At 9:30 AM, the share price of Inox Green was trading at ₹175.86, down by 3.03% on the NSE.
Also Read:Inox Green Shares Rose ~5% After Signing Agreement for O&M Services!
This expansion marks a major step forward for Inox Green, solidifying its leadership in renewable O&M services and supporting India's green energy transition.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 21, 2025, 9:38 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
