Inox Green Energy Services Ltd. has secured approval from the National Company Law Tribunal (NCLT), Ahmedabad Bench to acquire the wind operations and maintenance (O&M) business of Wind World India, marking a significant expansion of its renewable services business.
The transaction adds 4.5 GW of wind assets under management, taking the company's total managed renewable portfolio to around 13 GW across wind and solar segments.
With the integration of Wind World's O&M business, Inox Green will substantially increase its managed wind capacity.
The acquired portfolio spans key wind-rich states and strengthens the company's position as a pure-play renewable O&M service provider in India.
The acquired business contributes around ₹600 crore in recurring, high-margin revenue, complementing Inox Green's existing operations.
The acquisition also brings a diversified client base that includes Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc.
The transaction supports Inox Green's transition towards a pure-play, asset-light O&M business.
This follows the successful demerger of the Power Evacuation business completed in May 2026, allowing the company to focus exclusively on operations and maintenance services.
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As of 27 July 2026, at 3:23 PM, Inox Green Energy Services Ltd share price was trading at ₹199.41 per share, reflecting a surge of 3.93% from the previous trading session.
The NCLT approval enables Inox Green to integrate Wind World India's wind O&M business, expanding its managed renewable portfolio to nearly 13 GW while adding recurring revenue, a broader customer base and strengthening its focus on renewable operations and maintenance services.
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Published on: Jul 27, 2026, 3:51 PM IST
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