Inox Green Energy Arm Adds 51 MW Wind Project to Portfolio from NLC India

Q1 Results: Inox Wind Reports 85% Increase In Revenue

The arm of Inox Green Energy Services Limited (IGESL), I-Fox Windtechnik, has won an order from state-owned mining and power firm, NLC India towards the operation and maintenance of a 51 MW wind energy project in Tamil Nadu.

The scope of the contract entails comprehensive O&M with power evacuation system, for a period of five years with a boasting of revenue realisation of INR 40 crore during the contract period, the firm informed.

“LoA (Letter of Award) from one of the largest PSUs is an important milestone in the growth journey of IGESL as well as of our subsidiary I-Fox Wind. We are progressing towards our goal of reaching a WTG O&M portfolio of 6GW by FY26, through a mix of organic and inorganic growth,” said S K Mathu Sudhana, the CEO of IGESL.

Inox Green Energy Services Ltd is a wind power operations and maintenance (O&M) service provider. The  firm has been on an order-winning spree. Recently, Inox Wind has won an order for a 100 MW wind power project from ABEnergia Renewables Pvt Ltd (ABEnergia), an IPP (Independent Power Producer). Inox Wind recently announced bagging a repeat order of 150 MW from NTPC Renewable Energy Limited, a wholly subsidiary of the NTPC Green Energy Limited. The wind energy project is set to be executed in the western coastal state of Gujarat.