Inox Wind Limited (IWL), one of India’s leading wind energy solutions providers, announced that it has won a 51 MW order from First Energy Private Limited (FEPL), a Thermax Group company. This marks FEPL’s first collaboration with Inox Wind for the deployment of IWL’s advanced 3 MW class wind turbines.
The project will feature wind turbines with a 140-meter hub height and a 145-meter rotor diameter, enhancing power generation efficiency. These turbines will be installed at FEPL’s project site in Tamil Nadu, managed through its special purpose vehicle (SPV), First Energy 10 Private Limited.
The order includes not only the supply of wind turbine generators but also limited-scope engineering, procurement, and construction (EPC) services, including site supervision. Additionally, IWL will provide multi-year operations and maintenance (O&M) services post-commissioning through its subsidiaries to ensure long-term performance.
Commenting on this occasion, Mr. Sanjeev Agarwal, CEO, Inox Wind Ltd., said, "We are thrilled to commence our relationship with First Energy through this 51 MW order, which we believe will be the first of many as we build on our relationship going ahead. First Energy, a Thermax Group company, is a fast-growing player in India’s burgeoning commercial & industrial (C&I) RE power market.”
He further stated, “We believe that our partnership will help First Energy to scale up its offerings rapidly. Inox Wind continues to be a partner of choice for large RE developers, offering a wide range of solutions across the wind energy value chain, strongly contributing to India’s energy transition goals.”
On July 23, 2025, Inox Wind share price (NSE: INOXWIND) opened at ₹167.00, up from its previous close of ₹165.53. At 12:29 PM, the share price of Inox Wind was trading at ₹164.73, down by 0.48% on the NSE.
Also Read: Inox Wind Board Clears ₹1,250 Crore Rights Issue to Fund Future Growth!
This partnership strengthens Inox Wind’s growing presence in the commercial and industrial renewable energy space and marks a significant milestone in its relationship with the Thermax Group. The project is set to accelerate Tamil Nadu’s renewable energy capacity and contribute to India’s green energy goals.
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Published on: Jul 23, 2025, 12:31 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ 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.
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