Inox Wind

Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores

Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […]

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Inox Wind Wins 200 MW Project Order From NTPC Renewable Energy

Noida-based wind energy service provider company, Inox Wind has won an order for a 200 MW worth project of wind power from NTPC Renewable Energy. Inox Wind will be commissioned for this wind project at the Dayapar site, Kutch District in Gujarat. “This amongst many more in the future will help NTPC achieve its target […]

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Inox Green Energy board approves proposal to raise Rs 900 cr via IPO

Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […]

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After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too

Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […]

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APTEL Reinstates Inox Subsidiary’s 50MW Wind Project

Inox Wind on Wednesday said the Appellate Tribunal for Electricity (APTEL) has reinstated a 50 MW wind energy project in Kutch being undertaken by its arm at a tariff of Rs 3.46 per unit. “Appeal No. 292 of 2021 filed by Wind Four Renergy Private Ltd (WFRPL), a wholly owned subsidiary of Inox Green Energy […]

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Inox Wind Wins 150MW Wind Project from NTPC REL

Noida-based Inox Wind on Monday said it has bagged a 150 MW wind power project order from NTPC Renewable Energy Ltd. The project will likely help NTPC achieve its target of having over 60 GW renewable energy capacity, constituting nearly 50 per cent of the company’s overall power generation capacity by 2032. It will be […]

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Inox Wind Bags Wind Project Orders Worth 92 MW From Integrum Energy

Inox Wind has signed a binding agreement with Integrum Energy to supply, erect and commission 92 MW of wind power projects. Inox Wind, a leading domestic wind energy solutions provider, has announced that it has signed a binding agreement with Integrum Energy Infrastructure Private Limited to supply, erect and commission 92 MW of wind power […]

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Inox Wind Bags 62 MW Order to be Developed Across Gujarat and Karnataka

Inox Wind has received new orders for the supply and installation of wind turbine generators of 62 MW capacity across Gujarat and Karnataka Inox Wind, leading wind energy solutions provider, has announced that it has received new orders for the supply and installation of wind turbine generators of 62 MW capacity from Independent Power Producers […]

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Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter

Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […]

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