Inox Wind Limited (IWL) informed the exchanges that it has secured a 153 MW order from a leading renewable energy developer, part of a major global clean energy company.
The order includes the supply of IWL’s advanced 3 MW class wind turbines for a project in Tamil Nadu. In addition to turbine supply, IWL will provide limited scope Engineering, Procurement, and Construction (EPC) services and multi-year operations & maintenance (O&M) support after commissioning.
This deal strengthens IWL’s position in India’s wind energy sector and reinforces its commitment to advancing renewable power generation across the country.
Commenting on this development, the Group CEO of Inox Wind Ltd, Mr Kailash Tarachandani, said, “We are delighted to announce a large 153 MW order from one of the leading renewable energy players in India, adding another strong customer to our well-diversified and large orderbook. As India’s burgeoning commercial & industrial (C&I) market continues to grow at a rapid pace, Inox Wind’s expertise in wind project execution, backed by a robust product and servicing excellence, continues to place it as a partner of choice for large renewable project developers.”
Inox Wind Limited, a part of the Inox Group, specialises in manufacturing Wind Turbine Generators (WTGs) and offering comprehensive wind energy solutions. The company serves Independent Power Producers (IPPs), utilities, public sector undertakings (PSUs), corporations, and retail investors. As a fully integrated player in the wind energy sector, Inox Wind provides end-to-end turnkey solutions, ensuring efficient project execution from start to finish.
On March 7, 2025, Inox Wind share price opened at ₹154.50, up from its previous close of ₹153.19. At 10:06 AM, the share price of Inox Wind was trading at ₹163.74, up by 6.89% on the NSE.
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: Mar 7, 2025, 10:10 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