Inox Green Energy Receives LoA From NLC For Restoration Of 33 WTGs

Inox Green Energy Receives LoA From NLC For Restoration Of 33 WTGs

Inox Green Energy Services Ltd (IGESL) subsidiary I-Fox Windtechnik received a letter of award (LoA) from NLC India for the restoration of 33 Wind Turbine Generation System (WTGs).

Inox Green Energy Services Limited one of the wind power operations and maintenance (O&M) service providers within India has a fleet size of >3.2 GW. Its subsidiary I-Fox Windtechnik India Private Limited (I-Fox) won the order from NLC India Ltd. (NLCIL), a Navratna PSU of Govt of India. It received this order for the restoration of 33 wind turbine generators (each 1.5 MW) of NLCIL’s wind power plant located in Tenkasi District in the state of Tamil Nadu.

The scope of the contract comprises supplies of materials/spares and other activities for the restoration of the 33 WTGs within 8 months, with a revenue realization of ~ INR 39.5 crores (inclusive of taxes) during the contract period.

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SK Mathu Sudhana, chief executive officer (CEO) of IGESL, on this occasion, remarked, “We are delighted to receive another order from NLC India, a Navratna PSU, after securing the contract for comprehensive O&M of 51MW WTGs for 5 years during the last year. This order demonstrates the faith that our clients have shown in our diversified service offerings and is a testament to the capabilities that we have built over the years. This is another important landmark in the growth journey of IGESL as well as of our subsidiary I-Fox Wind, and we are progressing well on our targets on all fronts.”

While O&M remains an important growth opportunity, a far larger opportunity beckons Indian wind energy players as and when clarity on repowering of the first generation of wind turbines installed over 15 years ago and more emerges.

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