ALPHA TRIBE

Inox Wind LimitedUpdates, 21-04-2025: Press Release

21-04-2025 | 07:35 am

Inox Wind Limited has provided an update on a significant 1,500 MW framework agreement with Purvah Green Private Limited, a subsidiary of CESC Limited. The execution of the turnkey portion, totaling 990 MW, is currently progressing across multiple locations in Gujarat, Rajasthan, and Madhya Pradesh. The company has already received all necessary advances for this project, and commissioning is expected to commence in phases from FY26. This award marks the largest wind order granted by an independent power producer (IPP) in India to a wind original equipment manufacturer (OEM).

Both Inox Wind and the RPSG Group emphasize the project's importance in enhancing their renewable energy portfolios. This initiative is anticipated to play a key role in achieving broader green energy ambitions, presenting a positive outlook for future growth and deepening strategic relationships within the renewable sector. Investors should watch closely as the project unfolds, given its potential to significantly impact Inox Wind's operational and financial performance.

No comments yet. Be the first to comment!

All announcements from Inox Wind Limited