Inox Wind Limited has secured a major order worth ₹102.3 crores from ABREL EPC Ltd., a subsidiary of Aditya Birla Renewables Limited (ABReL). This announcement marks a significant milestone as it represents the first order secured by Inox Wind from Aditya Birla Renewables, demonstrating the company's success in expanding its customer relationships in India's renewable energy sector.

Order Details and Scope

The contract involves the supply of Inox Wind's 3.3MW turbines for projects being developed by ABREL EPC Ltd. in Karnataka. The order encompasses a total capacity of 102.3 MW, showcasing Inox Wind's technological capabilities and reinforcing its position as a leading wind energy solutions provider in India.

Management Commentary

Sanjeev Agarwal, CEO of Inox Wind Ltd., expressed satisfaction with securing this order from Aditya Birla Renewables, describing it as a marquee renewable project developer. He emphasized ABReL's large-scale plans to establish and deliver long-term clean energy solutions to customers and highlighted Inox Wind's role in supporting India's energy transition and decarbonisation objectives.

Agarwal noted the company's continued progress in developing relationships with new customers while strengthening existing partnerships. He emphasized that both new and repeat orders demonstrate the robustness of their product and service offerings, which are expected to drive strong growth momentum.

Strategic Significance

This order represents several strategic advantages for Inox Wind:

• Customer Base Expansion: Entry into partnership with Aditya Birla Renewables opens opportunities for future collaborations
• Market Validation: Recognition from a prominent renewable energy developer validates Inox Wind's technological capabilities
• Geographic Presence: Strengthens presence in Karnataka's renewable energy market
• Revenue Growth: Contributes to the company's order book and revenue pipeline

Company Profile

Inox Wind Limited operates as India's leading wind energy solutions provider, serving Independent Power Producers (IPPs), utilities, PSUs, and corporate investors. The company is part of the multi-billion-dollar INOX GFL Group, which has a legacy spanning over nine decades and focuses on chemicals and renewable energy business verticals.

As a fully integrated player in the wind energy market, Inox Wind operates five state-of-the-art manufacturing plants across Gujarat, Himachal Pradesh, and Madhya Pradesh. These facilities manufacture blades, tubular towers, hubs, and nacelles, with a total manufacturing capacity of 2.50 GW per annum through its advanced 3MW series WTG offering.

Business Operations

The company provides comprehensive wind energy solutions from concept to commissioning and operations & maintenance (O&M). Through its subsidiary structure, Inox Wind offers diversified services:

• Inox Green Energy Services Ltd.: India's only listed pure-play renewable O&M services company with a portfolio of 1.30 GW of assets
• Inox Renewable Solutions: Provides EPC services for wind projects and develops common infrastructure including power evacuation infrastructure

Inox Wind maintains high quality standards through ISO 9001:2008, ISO 14001:2004, OHSAS 18001, and ISO 3834 certifications for its management systems covering manufacturing, installation, commissioning, and O&M of wind turbines.

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.