Inox Wind Limited (IWL), India’s top wind energy solution provider, has received an order for 153 MW from a leading renewable energy developer of a global clean energy leader. The plant will be set up in Tamil Nadu.
Under this contract, IWL will deliver its top-of-the-line 3 MW-class wind turbines, deliver limited-scope Engineering, Procurement, and Construction (EPC) services, and provide multi-year operations and maintenance (O&M) services upon completion of commissioning. The project represents a key milestone in the company’s expanding portfolio in India’s fast-developing renewable energy market.
Market Reaction and Share Performance
Following the announcement, Inox Wind Ltd.’s share price recorded a 2% increase, reaching ₹159 during morning trade on March 7, 2025. Despite this positive movement, the company’s stock has experienced a 25% decline over the past three months, reflecting recent fluctuations in its market performance.
Growing Market Footprint
To respond to the success, Kailash Tarachandani, Group CEO, Inox Wind Ltd., said: “We are excited to win this massive 153 MW order, further enhancing our diversified and sizeable order book. With India’s commercial and industrial (C&I) market continuing to expand, Inox Wind is the perfect partner for large renewable project developers as a result of our history of delivering projects, strong product offerings, and service quality.”
About Inox Wind
Inox Wind Limited (IWL) is an integrated solutions company of wind energy solutions to Independent Power Producers (IPPs), utilities, public sector undertakings (PSUs), and corporate investors. It is a part of the $12 billion INOXGFL Group with a history of more than nine decades and chemicals and renewable energy businesses.
IWL has four advanced manufacturing facilities in Gujarat, Himachal Pradesh, and Madhya Pradesh, which manufacture major wind turbine parts like blades, tubular towers, hubs, and nacelles. With its 3 MW wind turbine generator (WTG) series, the company is capable of producing approximately 2.5 GW annually.
IWL’s listed subsidiary, Inox Green Energy Services Ltd., is a listed wind O&M services company from India with a robust 3.5 GW portfolio. Its second subsidiary, Resco Global Wind Services Pvt. Ltd., provides EPC services for wind projects like power evacuation infrastructure.
Dedicated to providing end-to-end wind energy solutions, IWL offers cost-effective, reliable, and high-quality wind turbine solutions with the support of the latest technology.
Read Also: Inox Wind posts record Q3 with 96% revenue growth
