Key Transaction Details

Inox Wind Limited has secured a 100 MW turnkey order from Indian Oil Corporation Limited (Indian Oil), India's largest oil marketing company and a Maharatna public sector undertaking. The contract value is approximately ₹755 crore.

The order scope includes comprehensive turnkey project execution covering:

  • Supply of wind turbine generators
  • Engineering, procurement & construction (EPC) services
  • Complete project execution
  • Post-commissioning operations and maintenance (O&M) services for a period of 10 years

Strategic Context

This is a repeat order from Indian Oil Corporation Limited, indicating continued confidence in Inox Wind's capabilities. The order strengthens Inox Wind's diversified customer portfolio, which spans commercial & industrial (C&I) customers, public sector undertakings (PSUs) and independent power producers (IPPs).

Management Commentary

Mr. Kailash Tarachandani, Group CEO, Renewables business, INOXGFL Group, stated that this order reinforces Inox Wind's position as an integrated wind energy solutions provider with capabilities spanning the entire project lifecycle. He highlighted that India's renewable energy transition is creating significant opportunities for wind power, with large enterprises and public sector organizations seeking reliable partners for efficient project delivery.

Company Background

Inox Wind Limited is India's leading wind energy solutions provider and part of the $16 billion INOXGFL Group. The company has five state-of-the-art manufacturing plants in Gujarat, Madhya Pradesh and Himachal Pradesh with manufacturing capacity of 2.5 GW per annum. The company offers 3 MW and upcoming 4.45 MW series WTG offerings.

Inox Wind's subsidiary, Inox Green Energy Services Ltd., is described as the only listed pure-play renewable O&M services company in India with a portfolio of approximately 13.3 GW of assets. Through another subsidiary, Inox Renewable Solutions, the company provides EPC services for wind and solar projects and develops common infrastructure including power evacuation infrastructure.