In a major financial move, Inox Wind Limited, one of India’s leading wind energy solution providers, has signed a consortium agreement with a group of 10 banks, led by ICICI Bank. This agreement, totalling ₹2,200 crore, reflects the confidence of the banking community in Inox Wind’s financial strength. The company revealed that these limits, predominantly […]
Resco Global Wind Services Pvt. Ltd., a leading player in India’s wind energy sector and a subsidiary of Inox Wind Limited, has announced a significant equity raise. The company’s board has approved raising Rs 350 crore from marquee investors for a single-digit stake in the company. This strategic move is designed to boost Resco Global’s […]
In an unprecedented move within the renewable energy sector, Inox Wind Limited (IWL), a frontrunner in wind energy solutions in India, has announced a landmark agreement with CESC Limited, one of India’s leading power utilities. This binding framework agreement, set to unfold over the next 3-4 years, involves the installation and supply of 1,500 MW […]
In a significant stride towards bolstering renewable energy in India, Inox Wind Limited (IWL), a leading provider of wind energy solutions, has received a Letter of Intent (LoI) from NLC India Limited, a Navratna Central Public Sector Undertaking (CPSU). The LoI is for a 50 MW wind power project, which Inox Wind will execute on […]
NTPC Renewable Energy Ltd (NTPC REL) has marked a significant milestone in the Indian renewable energy landscape by commissioning the first part of the 150 MW Dayapar Wind Energy Project in Bhuj, Gujarat. The initial 50 MW capacity has been successfully brought online, signifying a major achievement for both NTPC REL and Inox Wind Limited […]
INOXGFL Group, a dominant conglomerate in India, recently wrapped up the equity share sale of Inox Wind Limited through a block deal on stock exchanges. With an impressive raise of approximately Rs. 500 Crore, the funds are slated for infusion into Inox Wind Limited. The core objective is to utilize these funds for repaying Inox […]
Inox Wind, an Indian wind energy solutions company, has received a Type Certificate for its latest 3 MW wind turbine, which can be enhanced up to 3.3 MW, from the Germany-based global certification body, TUV SUD. The certification is a testament that the wind turbine prototype has fulfilled all required criteria for regular production and […]
Inox Wind, a wind energy solutions provider in India, announced an approved plan for the amalgamation of Inox Wind Energy Limited into its parent company, Inox Wind Limited. The board of directors approved this strategic decision on 12th June 2023 and set the appointed date for the merger as 1st July 2023. The proposed consolidation […]
Inox Wind, a wind energy solutions provider in India, has been awarded a 100MW wind power project order from ABEnergia Renewables, an independent power producer. Under the agreement, Inox Wind will supply and install 3.3MW wind turbine generators with a rotor diameter of 145m and a hub height of 120m. The project will be executed […]
Inox Wind has won a turnkey order for the 200MW Dayapar wind farm in Gujarat from NTPC Renewable Energy Limited, a fully-owned subsidiary of NTPC. Located in the Kutch district, the wind farm in Dayapur is slated to begin operations by January 2024. Kailash Tarachandani — Inox Wind CEO said: “We are excited to bag […]