Inox Wind

IGREL Renewables Raises Rs 300cr Equity Capital From Marquee Investors

INOXGFL Group, one of India’s business groups operating in the renewable sector announced that its privately held renewable power generation platform, IGREL Renewables Ltd., has raised Rs 300 crore equity capital, eventually resulting into a single digit dilution. The capital raise witnessed participation by marquee investors, including Akash Bhansali, Rohit Kothari, and Madhusudan Kela, through […]

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IGREL, Inox Wind Set To Build 550 MW Wind Project Across Three States

Inox Wind Limited (IWL) announced receiving a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to execute 550 MW of wind capacity on a turnkey basis. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The 550 MW LoI exceeds the firm order of […]

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Green Stocks Sep 9: Premier Energies Stock Stays At The Top With 10.14% Growth

Ever since, Premier Energies entered the market, it has maintained its position on the top of the green stock list. This week too begins with Premier Energies stocks receiving a 10.14% gain in stock prices. Other companies that made a noteworthy gain in stock price are, JSW Energy which saw a 3.06% gain, followed by […]

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Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity

Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […]

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Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag

Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […]

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Q1 Results: Inox Wind Reports 85% Increase In Revenue

Indian Wind Energy company Inox Wind Limited today announced its financial results for Q1. The figures submitted by the company revealed that the company reported an 85% rise in its total consolidated revenues on a Year-On-Year (YoY) basis.  The company said that its growth outlook is reflected in the company’s large order book which stands […]

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June 25- Green Energy EPC’s Weather A Down Day, Adani Green Buoyed By Q1 Results

On a day when almost all Solar EPC stocks faced losses, including high flyer Shakti Pumps, wind energy stocks Suzlon and Inox Wind stood out with a strong show. Both have the benefit of a strong quarterly performance and bulging order books, making investors bullish about prospects again. For high flyers that could barely look […]

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