Shares of Inox Wind Ltd ended 1.25% decrease on thirteenth November. This occurred regardless of the corporate asserting that it had secured a 100 MW wind tools provide order.
In a regulatory submitting, Inox Wind mentioned it has acquired an order from a number one inexperienced power transition platform. The deal contains the provision of its newest 3.3 MW wind turbine turbines for initiatives in Gujarat. It additionally entails restricted EPC work and multi-year operations and upkeep companies.
CEO Sanjeev Agarwal mentioned the corporate is happy to safe the brand new order and expects a number of extra within the coming months. He added that Inox Wind’s order influx for FY26 has reached practically 400 MW to this point. There are extra offers in superior levels of finalisation that can assist meet its execution targets for the following 18–24 months.
The corporate reaffirmed its place as considered one of India’s main built-in wind power answer suppliers. It has manufacturing services in Gujarat, Himachal Pradesh, and Madhya Pradesh. The overall manufacturing capability is about 2.5 GW per yr.
At 3:30 PM, shares of Inox Wind ended 1.27% decrease at Rs 148.62 on NSE.
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