Inox Wind Ltd has been gaining attention on Thursday. On April 24, 2025, Inox Wind share price opened at ₹175.00, slightly up from its previous close of ₹174.55. At 11:11 AM, the share price of Inox Wind was trading at ₹179.85, up by 3.04% on the NSE. As of the same time, the stock price touched its day’s high at ₹180.70. The market cap of the company was at ₹23,485.24 crore.
Earlier this week, on April 21, 2025, the company informed the stock exchanges about the execution of a significant 990 MW turnkey order. This project is part of a larger 1,500 MW framework agreement signed with Purvah Green Private Limited, a subsidiary of CESC Ltd.
The order stands out as the single largest wind energy order awarded by an Independent Power Producer (IPP) in India to any wind Original Equipment Manufacturer (OEM). Execution work is actively underway across Gujarat, Rajasthan, and Madhya Pradesh, with commissioning expected in phases starting FY26. The company has already received all advance payments related to the project.
Inox Wind Ltd, incorporated in 2020, operates under the broader INOXGFL Group. It focuses on the generation and sale of wind energy, as well as offering Engineering, Procurement and Construction (EPC) services for wind farms.
The company is a subsidiary of Inox Wind Energy Ltd (IWEL), which holds strategic interests in India’s renewable energy sector alongside the chemical business under the INOXGFL Group.
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Backed by a robust order book and positive execution updates, Inox Wind continues to gain investor confidence. With key projects progressing on schedule, the company remains well-positioned in India’s expanding renewable energy landscape.
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Published on: Apr 24, 2025, 11:33 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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