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Inox Strengthened Its Revenue Profile by Securing a New Order of 51 MW

02 September 20243 mins read by Angel One
Inox Wind received a 51 MW equipment supply order from Everrenew for its 3 MW class WTGs.
Inox Strengthened Its Revenue Profile by Securing a New Order of 51 MW
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Inox Wind Limited, a pioneer in wind energy solutions, has secured a significant 51 MW order from Everrenew Energy Private Ltd, a prominent player in the commercial and industrial (C&I) sector. This contract entails the supply of IWL’s cutting-edge 3 MW Wind Turbine Generators (WTGs), underscoring the company’s technological prowess.

Furthermore, Inox Wind will extend comprehensive post-commissioning multi-year operations and maintenance (O&M) services, ensuring the project’s long-term operational efficiency and reliability. The project is slated for implementation in the southern Indian state of Tamil Nadu, contributing to the region’s renewable energy landscape and reinforcing Inox Wind’s position as a trusted partner in sustainable energy solutions.

Commenting on the occasion, Mr. Kailash Tarachandani, CEO of Inox Wind, said, “We are pleased to receive a 51MW order from Everrenew, an esteemed customer with whom we aim to build a mutually fruitful partnership going ahead. We are glad to witness the strong preference for our turbines and services by project developers, and we continue to make our contribution as India surges ahead to achieve its renewable capacity targets.”

Mr R. Venkatesh, CEO, Everrenew Energy Private Ltd, said, “At Everrenew, we are committed to address the ever-growing power demands of our customers through our sustainable renewable power solutions. Our collaboration with Inox Wind will help us deliver on our project commitments as we aim to drive the adoption of renewable energy in the C&I segment and assist companies in their energy transition journey over the coming years.”

About Inox Wind Limited

Inox Wind Limited (IWL) is India’s leading wind energy solutions provider servicing IPPs,

Utilities, PSUs & Corporate investors. IWL is a part of the US$ ~ 8 BN INOXGFL Group which has

a legacy of over nine decades and is primarily focused on two business verticals – chemicals and

renewable energy.

About Everrenew Energy Private Limited

Everrenew Energy Private Limited (Everrenew) is India’s fast-growing renewable energy

company, which provides a one-stop project management solution for wind, solar and hybrid

projects with asset management.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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