Inox Wind Share Price Surges on Signing MoU with Inox Clean for the Supply of 1,500 MW Wind Turbines

Inox Wind Limited has announced the signing of a Memorandum of Understanding (MoU) with Inox Clean Energy for the supply of 1,500 MW of wind turbines.  

This agreement aligns with the INOXGFL Group's 'One Integrated' renewable strategy, aiming to create a comprehensive renewable energy ecosystem. 

MoU Details and Strategic Implications 

The MoU involves the supply of Inox Wind's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects across India.  

This collaboration is part of the INOXGFL Group's strategy to enhance execution capabilities and secure multi-year revenue visibility.  

The agreement is expected to insulate the business from market cycles through large orders from group companies. 

INOXGFL Group's Renewable Strategy 

The 'One Integrated' renewable strategy aims to create a fully integrated renewable energy ecosystem, combining the strengths of Inox Clean Energy, Inox Renewable Solutions, Inox Green Energy Services, and Inox Wind.  

This strategy is designed to create a scalable renewable energy powerhouse with enhanced execution capabilities and stronger recurring revenue streams. 

Read More: Adani Green Energy Share Price in Focus; Targets 14 GWh Battery Storage Commissioning at Khavda! 

Inox Clean Energy's Growth Trajectory 

Inox Clean Energy is rapidly emerging as a leading renewable platform globally. The company has achieved an operational portfolio of approximately 3,500 MW within the first 2 years of operations and plans to add over 3,000 MW of renewable capacity annually.  

By FY29, Inox Clean aims for an operational renewable portfolio of 14,000 MW, with 20%-30% of these additions expected to be wind. 

Inox Wind's Role and Capabilities 

Inox Wind Limited is a leading wind energy solutions provider in India, part of the INOXGFL Group.  

It operates 5 manufacturing plants in Gujarat, Madhya Pradesh, and Himachal Pradesh, with a manufacturing capacity of approximately 2,500 MW per annum.  

The company offers end-to-end wind energy solutions, from concept to commissioning to O&M, maintaining high quality and cost competitiveness. 

Inox Wind Share Price Performance  

As of June 16, 2026, at 1:13 PM, Inox Wind share price on NSE was trading at ₹90.93 up by 1.18% from the previous closing price. 

Conclusion 

Inox Wind's MoU with Inox Clean for 1,500 MW wind turbines supports the INOXGFL Group's integrated renewable strategy. This collaboration enhances execution capabilities and secures multi-year revenue visibility, with Inox Clean targeting a 14,000 MW renewable portfolio by FY29. 

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