Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC

Inox Wind Signs Pact For India’s Single Largest 1500 MW Order from CESC. Photo by-Freepik (Wirestock)

Indian wind energy company Inox Wind Limited (IWL) announced today that it has entered into a binding framework agreement with CESC Limited, one of the largest power utilities in India, for the installation/supplies of 1,500 MW of wind capacity over the next 3-4 years.

The deal is for IWL’s latest DF/3000/145 Wind Turbine Generators (WTGs), each having a minimum capacity of 3.3 MW. The scope of the agreement comprises a mix of end-to-end turnkey execution for 1,000 MW and equipment supply with a limited scope EPC for 500 MW. Additionally, IWL’s subsidiary, Inox Green Energy Services Limited (IGESL) will provide post commissioning multi-year operations & maintenance (O&M) services. This is by far the single largest order signed for a wind project in India by any Wind OEM.

On this landmark occasion, Kailash Tarachandani, CEO of Inox Wind, said, “This is a pivotal moment in Inox Wind’s history as we announce today the signing of India’s largest wind project deal for 1,500 MW with CESC. Through this project, Inox Wind aims to provide its wind energy solutions expertise, partnering with CESC as it moves ahead to achieve its green ambitions. This agreement is a testament to Inox Wind’s strengths and project delivery capabilities and has been signed at an opportune time as the company strategizes towards delivering gigawatt-plus scale annual execution over the next few years.”

Sandeep Kashyap, CEO – Renewable Business at RPSG Group, said, “CESC’s green ambitions include substantial investments in Renewable Energy, and we are delighted to partner with Inox Wind for this ambitious project. CESC, along with its subsidiaries, is making a huge effort to reduce its carbon footprints, and this is a significant stride towards our larger green ambitions, and we aim to utilize the expertise of Inox Wind to achieve our targets.”

CESC, the flagship company of RP-Sanjiv Goenka Group, is India’s first fully integrated electrical utility company ever since 1899, generating and distributing power and headquartered in Kolkata. It is the sole electricity distributor within an area of 567 sq. km. of Kolkata & Howrah and serves 3.4 million consumers and commercial users. Through its subsidiaries, the company distributes power in Greater Noida, Uttar Pradesh with a license area of 335 sq. km. It also operates three Distribution Franchisee in Rajasthan and Distribution Franchisee of Malegaon, Maharashtra. It has 2,325 MW of thermal generating stations, which meet most of the power requirements for Kolkata and Greater Noida license area.

Inox Wind Limited (IWL) is an Indian wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors. IWL is a part of the US$ ~ 8 BN INOXGFL Group which has a legacy of over nine decades and is primarily focused on two business verticals – chemicals and renewable energy. IWL is a fully integrated player in the wind energy market with four manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh, where Blades, Tubular Towers, as well as Hubs & Nacelles are manufactured.