Inox Wind Limited (IWL), a leading wind energy solutions provider in India, has announced a significant partnership with KP Energy Limited (KPE) to jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India. This collaboration, formalized through an exclusive Memorandum of Understanding (MoU), aims to leverage the strengths of both companies in the renewable energy sector.

Partnership Details

The strategic alliance between Inox Wind and KP Energy outlines a clear division of responsibilities:

          • Provide engineering support (USS design, transformer specifications, foundation design)
          • Execute pre-commissioning and commissioning
          • Perform O&M of wind turbine generators |

| KP Energy | • Undertake project development activities • Secure connectivity, land, and right-of-way • Obtain statutory approvals • Execute Balance of Plant (BoP) and EPC works • Manage O&M of Balance of Plant |

This integrated approach is designed to ensure timely, seamless, and high-quality project execution by combining the core competencies of both organizations.

Strategic Implications

The partnership is expected to strengthen the strategic positioning of both Inox Wind and KP Energy in the renewable energy market:

• For KP Energy: Assured access to IWL's equipment and engineering capabilities, enhancing its ability to deliver fully integrated renewable assets.
• For Inox Wind: Benefit from KPE's strong on-ground execution expertise and proven development track record.

Together, the companies aim to pursue large-scale renewable opportunities more effectively, drive operational efficiencies, and contribute significantly to India's clean-energy transition.

Executive Perspectives

Mr. Kailash Tarachandani, Group CEO Renewables of INOXGFL Group, emphasized the collaboration's potential: "This partnership capitalizes on the strong product, ground-level execution, and project-development excellence of the two companies. We aim to deliver structured, high-quality renewable energy solutions that will reinforce our role in supporting India's transition toward cleaner and more sustainable power generation."

Dr. Faruk G. Patel, Founder and MD of KPE, stated: "By combining KPE's depth of experience in project development, statutory planning, and balance-of-plant execution with IWL's proven manufacturing and engineering capabilities, we are establishing a robust collaborative platform capable of delivering complex wind and hybrid assets at scale."

Conclusion

This strategic partnership between Inox Wind and KP Energy represents a significant step forward in India's renewable energy sector. By combining their respective strengths, the two companies are well-positioned to contribute effectively to India's national renewable energy goals and drive the country's transition towards cleaner power generation.

As the renewable energy landscape in India continues to evolve, collaborations like this may become increasingly important in meeting the growing demand for sustainable energy solutions and achieving the country's ambitious clean energy targets.

Inox Wind , a prominent player in the renewable energy sector, has recently faced regulatory scrutiny from the Securities and Exchange Board of India (SEBI). The company received an administrative warning from SEBI for failing to close the trading window related to a significant corporate announcement.

The Incident

On March 07, 2025, Inox Wind announced securing a substantial 153 MW order from a leading renewable energy developer. However, the company failed to close the trading window as required by regulatory guidelines in connection with this announcement.

SEBI's Action

In response to this oversight, SEBI issued an administrative warning to Inox Wind's Company Secretary and Compliance Officer on November 17, 2025. The warning specifically cited non-compliance with Clause 4(1) of Schedule B read with Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Company's Response

Inox Wind has acknowledged the warning and provided the following information:

Implications

While the administrative warning does not carry immediate financial penalties or sanctions, it serves as a reminder of the importance of strict adherence to regulatory requirements, particularly those designed to prevent insider trading and maintain market integrity.

Inox Wind's prompt disclosure of this regulatory communication demonstrates transparency in its dealings with shareholders and the market at large. The company's commitment to improving compliance measures is a step towards preventing similar incidents in the future.

As the renewable energy sector continues to grow, companies like Inox Wind play a crucial role in India's green energy transition. Maintaining regulatory compliance is essential not only for the company's reputation but also for sustaining investor confidence in the sector.