Inox Wind Secures 60 MW Wind Turbine Order from Serentica Renewables

On Wednesday, December 18, Inox Wind announced that it received a significant order from Serentica Renewables to supply wind turbines for a 60 MW project. The order includes Inox Wind’s advanced 3 MW class turbines, which are set to be delivered in the first half of 2025. These turbines will be installed at a hybrid renewable energy project being developed by Serentica Renewables in Karnataka.

In addition to manufacturing and delivering the wind turbines, Inox Wind will provide long-term operations and maintenance (O&M) services after the turbines are commissioned, ensuring optimal performance and efficiency over their lifecycle.

The energy generated from this project will be supplied to Serentica Renewables’ partners, including the Vedanta Group, a prominent player in India’s industrial sector.

Management on Order Win From Serentica Renewables

Speaking about the development, Kailash Tarachandani, Group CEO of Inox Wind Ltd, highlighted the growing role of wind energy in India’s green energy transition. “As India’s commercial and industrial players accelerate their transition to green energy, we believe our tailored products and solutions for the wind projects will be one of the important catalysts driving this move,” he said.

Akshay Hiranandani, CEO of Serentica Renewables, reiterated the company’s commitment to sustainability. “We are dedicated to enabling the decarbonisation of energy-intensive industries through innovative and sustainable solutions. This partnership with Inox Wind aligns perfectly with our mission. Together, we aim to accelerate India’s transition to a sustainable energy future while setting new benchmarks in renewable power generation,” he stated.

About Inox Wind 

Inox Wind, an integrated wind energy solutions provider, is a leader in the Indian renewable energy sector. The company manufactures wind turbine generators (WTGs) and offers a range of services, including engineering, procurement, and commissioning (EPC), operations and maintenance (O&M), and infrastructure facilities for wind farm development.

Inox Wind’s share price traded 0.95% lower at Rs 190.86 at 11:47 AM on Wednesday, December 18, 2024.

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