Inox Green Energy Services Limited informed exchanges on February 19, 2026, that INOXGFL Group companies have emerged as successful bidders for the IPP and O&M businesses of Wind World India through an NCLT approved process.
The acquisition will be executed through Inox Clean Energy Limited’s subsidiary Inox Neo Energies and Inox Green Energy Services Limited. Inox Clean will acquire Wind World India’s Independent Power Producer portfolio, while Inox Green will take over its Operations and Maintenance arm.
Wind World India has a combined installed IPP capacity of approximately 600 MW across Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. Its O&M portfolio stands at nearly 4.5 GW, servicing clients including Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc.
With the addition of 600 MW operational wind assets, Inox Clean expands its IPP base across key wind regions. The company has outlined medium term targets of 10 GW installed IPP capacity and 11 GW integrated solar manufacturing capacity by FY28.
Inox Green, which currently manages around 13.3 GW of renewable assets, will expand its O&M scale through the addition of 4.5 GW from Wind World India. The company provides long term O&M services for renewable energy projects across multiple states.
Read More: Inox Clean Energy Partners with RJ Corp for African Renewable Energy Expansion!
The INOXGFL Group operates across chemicals and renewable energy, with a presence in over 75 countries. Its listed entities include Gujarat Fluorochemicals Limited, Inox Wind Limited, and Inox Green Energy Services Limited.
The Group also operates through Inox Clean Energy Limited in renewable IPP and solar manufacturing businesses.
As of February 19, 2026, at 9:27 AM, Inox Green Energy Services share price on NSE was trading at ₹182.60 up by 4.34% from the previous closing price.
The acquisition of Wind World India’s 600 MW IPP portfolio and 4.5 GW O&M business marks an expansion of INOXGFL Group’s renewable energy operations. The transaction, completed through the NCLT approved resolution process, increases the Group’s operational capacity across wind power generation and maintenance services.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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: Feb 19, 2026, 11:18 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
