Inox Wind Limited has made significant strides in its renewable energy segment by securing a 1,500 MW framework agreement with Purvah Green Private Ltd, a subsidiary of CESC Ltd.
The agreement includes a substantial 990 MW turnkey order, which is currently under full execution across various locations in Gujarat, Rajasthan, and Madhya Pradesh.
The 990 MW turnkey part of the agreement is progressing at full pace, with Inox Wind receiving all the necessary advances for the projects. The commissioning of the wind energy plants is scheduled to commence in phases from FY26 onwards.
This project, awarded by Purvah Green, represents the single largest wind order received by any Original Equipment Manufacturer (OEM) in India, showcasing Inox Wind’s dominance in the sector.
Kailash Tarachandani, the Group CEO of Inox Wind, stated, “We are pleased to announce that we are now executing the entire 990 MW of turnkey project for Purvah across multiple locations. We will commence the commissioning of the project in a phased manner starting FY26. This is a milestone order for Inox Wind from an esteemed customer and we are confident of deepening our relationship further.”
Mr Sandeep Kashyap, CEO – Renewables Business at RPSG Group, said, “We are pleased with the progress which we have achieved on this project. Our partnership with Inox Wind will be a strong catalyst in our quest to achieve multi-fold growth in our renewable portfolio over the next few years. This is an important project for us, which will significantly contribute to achieve our green ambitions.”
On April 21, 2025, Inox Wind share price opened at ₹167.00, up from its previous close of ₹162.85. At 10:09 AM, the share price of Inox Wind was trading at ₹171.50, up by 5.31% on the NSE.
Inox Wind Limited (IWL) is a prominent provider of wind energy solutions in India, catering to IPPs, utilities, PSUs, and corporate investors. A part of the US$ ~12 billion INOXGFL Group, which has a legacy spanning over nine decades, IWL primarily focuses on two key business areas: chemicals and renewable energy.
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This landmark agreement with Purvah Green Private Ltd highlights Inox Wind’s growing prominence in India’s renewable energy sector.
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Published on: Apr 21, 2025, 10:24 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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