Inox Green Energy Services Ltd., a prominent name in India’s renewable energy operations and maintenance (O&M) sector, has announced its entry into the solar O&M segment. The company has signed an agreement to provide O&M services for 675 MWp of solar projects. These projects are owned by one of India’s leading renewable energy firms and are spread across multiple states.
Expanding Portfolio Amidst Sector Growth
This development marks a strategic shift for Inox Green, traditionally focused on wind energy O&M services. The move into solar aligns with the company’s long-term vision of tapping into high-growth segments within India’s expanding renewable energy landscape. As the solar energy sector is expected to grow significantly over the next decade, Inox Green is positioning itself to leverage this momentum.
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On this occasion, Mr. S K Mathusudhana, CEO of Inox Green, remarked, “We are thrilled to enter
into this agreement with a marquee customer. With this, Inox Green has now forayed into solar O&M which offers large-scale growth opportunities for us in one of the fastest expanding industries. We believe that with our expertise, credentials and relationships across customers in India, we will be able to rapidly grow our portfolio of assets under management.”
Inox Green Share Price Performance
On April 30, 2025, Inox Green share price opened at ₹143.70, slightly up from its previous close of ₹142.75. At 10:13 AM, the share price of Inox Green was trading at ₹140.55, down by 1.54% on the NSE.
Conclusion
With this deal, Inox Green strengthens its presence in the renewables sector, setting the stage for diversified, long-term growth.
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