Order Details
- Inox Wind Limited has secured a repeat 200 MW turnkey order from NLC India Limited
- Approximate contract value: ₹1,600 crore
- Project to be executed on a turnkey basis
- Scheduled commissioning timeline: 24 months from the date of Letter of Award (LoA)
Scope of Work
Under the contract, Inox Wind will provide end-to-end execution services including:
- Supply of wind turbine generators
- Engineering, procurement & construction (EPC) services
- Post-commissioning operations and maintenance services
Order Book Impact
- Company's total order book now stands at 4.7 GW
- Order book composition includes well-diversified mix of:
- Commercial & industrial (C&I) customers
- Public sector undertakings (PSUs)
- Independent power producers (IPPs)
- This balanced customer portfolio provides strong revenue visibility
Strategic Significance
- Strengthens Inox Wind's position as a leading integrated wind energy solutions provider
- Demonstrates proven expertise in delivering large-scale turnkey wind projects
- Supports India's accelerating renewable energy capacity addition
- Provides long-term execution visibility
Management Commentary
Mr. Sanjeev Agarwal, CEO, Inox Wind Ltd. stated:
- "Delighted to have secured this repeat order from NLC India Limited, one of India's leading public sector enterprises in the power sector"
- "Order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio"
- "Strong and diversified order pipeline provides significant growth visibility"
- "Customers are increasingly partnering with experienced and reliable wind OEMs capable of delivering projects seamlessly from concept to commissioning"
- "Remain committed to supporting the country's clean energy ambitions while creating long-term value for all stakeholders"
Company Background
Inox Wind Limited is:
- India's leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors
- Part of the multi-billion-dollar INOXGFL Group with legacy of over nine decades
- Focused on chemicals and renewable energy business verticals
- Fully integrated player with five state-of-the-art manufacturing plants in Gujarat, Madhya Pradesh and Himachal Pradesh
- Manufacturing capacity: ~2.5 GW per annum with 3 MW and upcoming 4.45 MW series WTG offering
- Offers end-to-end wind energy solutions from concept to commissioning to O&M
- Has ISO 9001:2008, ISO 14001:2004, OHSAS 18001 and ISO 3834 certifications
Subsidiary Information
- Inox Green Energy Services Ltd. - only listed pure-play renewable O&M services company in India with portfolio of ~13.3 GW of assets
- Inox Renewable Solutions - provides EPC services for wind projects and develops common infrastructure including power evacuation infrastructure