Inox Wind Secures Massive 153 MW Order, Boosting Its Position in Wind Energy Sector
Inox Wind Limited has secured a significant order for 153 MW from a leading renewable energy developer. The contract includes supply of 3 MW class turbines, limited EPC services, and multi-year O&M services for a project in Tamil Nadu. This order strengthens Inox Wind's position in India's wind energy market and highlights the growing importance of the commercial & industrial sector in renewable energy.

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Inox Wind Limited (IWL), a leading player in India's wind energy solutions market, has announced a significant breakthrough in its business operations. The company has secured a substantial order for 153 MW, marking a major milestone in its growth trajectory.
Order Details
The order, received from a prominent renewable energy developer, encompasses the supply of Inox Wind's advanced 3 MW class turbines. The project is set to be developed in Tamil Nadu, further strengthening the company's presence in the southern region of India.
Scope of the Contract
The contract goes beyond mere supply, showcasing Inox Wind's comprehensive service offerings:
- Supply of 3 MW class turbines
- Limited scope Engineering, Procurement, and Construction (EPC) services
- Multi-year Operations & Maintenance (O&M) services post-commissioning
This all-encompassing approach underscores Inox Wind's capability to provide end-to-end solutions in the wind energy sector.
Strategic Importance
Mr. Kailash Tarachandani, Group CEO of Inox Wind Ltd., expressed his enthusiasm about the deal, stating:
"We are delighted to announce a large 153 MW order from one of the leading renewable energy players in India, adding another strong customer to our well diversified and large orderbook."
He further emphasized the growing importance of the commercial & industrial (C&I) market in India's renewable energy landscape, highlighting Inox Wind's position as a partner of choice for large renewable project developers.
Company Profile
Inox Wind Limited, part of the US$ ~12 billion INOXGFL Group, has established itself as a fully integrated player in the wind energy market. The company boasts:
- Four state-of-the-art manufacturing plants across Gujarat, Himachal Pradesh, and Madhya Pradesh
- Production capabilities for Blades, Tubular Towers, Hubs & Nacelles
- A manufacturing capacity of ~2.5 GW per annum
- ISO 9001:2008, ISO 14001:2004, OHSAS 18001, and ISO 3834 certifications
Market Position
This new order reinforces Inox Wind's strong position in the renewable energy sector. With its subsidiary, Inox Green Energy Services Ltd., being the only listed wind O&M services company in India, and a portfolio of ~3.5 GW, Inox Wind is well-positioned for future growth.
The company's ability to offer end-to-end wind energy solutions, from concept to commissioning and O&M, sets it apart in the competitive landscape. As India continues to push for increased renewable energy adoption, Inox Wind's latest order win signals a promising outlook for the company and the wind energy sector at large.
Historical Stock Returns for Inox Wind
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.11% | +7.43% | +1.39% | -24.52% | +19.67% | +2,393.87% |