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Inox Wind Secures Huge ₹8,000 Cr Turbine Deal

Summary

  • Inox Wind's order book grows from 3.1 GW to over 4.5 GW.
  • ₹8,000 crore deal for 1,500 MW wind turbines signed.
  • Inox Clean Energy aims for 14 GW renewable capacity by FY29.
Inox Wind Secures Huge ₹8,000 Cr Turbine Deal

Inox Wind Ltd has entered into a significant memorandum of understanding (MoU) with Inox Clean Energy, agreeing to supply 1,500 MW of wind turbines. This substantial deal is valued at approximately ₹8,000 crore. The agreement is poised to enhance Inox Wind's existing order pipeline considerably.

This new pact will expand Inox Wind's order book from 3.1 GW to over 4.5 GW. It provides the company with multi-year execution visibility, a crucial advantage for one of India's leading wind turbine manufacturers. The turbines supplied will be advanced 3.3 MW and 4X MW models.

Inox Clean Energy, the renewable independent power producer (IPP) and solar manufacturing arm of the INOXGFL Group, is accelerating its capacity additions. The group's 'One Integrated' renewable strategy combines manufacturing, EPC, IPP, and operations and maintenance capabilities. Inox Clean Energy aims to reach an operational renewable energy portfolio of 14 GW by FY29, with wind projects contributing significantly to this expansion.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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