Inox Wind Wins 100 MW Project from ABEnergia Renewables

Q1 Results: Inox Wind Reports 85% Increase In Revenue

Wind energy solutions provider, 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 will be responsible for the supply and installation of state-of-the-art, new generation 3.3 MW wind turbine generators with 145 m rotor diameter and 120 m hub height. The project, which is to be executed on a turnkey basis, will be established at Dayapar site in the Kutch district, Gujarat. It is scheduled to be commissioned by 2024. Additionally, as part of the agreement, Inox Wind will be responsible for the comprehensive multi-year operation and maintenance (O&M) services for the project.

The necessary infrastructure facilities, including the 220 KV pooling substation at Dayapar and extra high voltage transmission line have been commissioned successfully, therefore the project will be executed on a plug and play basis.

ABEnergia is an end-to-end partner for renewable energy solutions across India and works as a smart energy platform that partners with commercial and industrial (C&I) consumers in India providing them with hybrid energy solutions that deliver sustainable and clean power and assist in reducing their carbon footprint.

On the signing of this order, Ateesh Samant, COO of ABEnergia, said, “We are happy to partner with
Inox Wind for developing this project with their latest 3.3 MW turbine. This order is part of the larger hybrid
capacity being developed by ABEnergia for its C&I customers and takes us one step closer towards our target
of 1.5 GW of hybrid energy solutions.”

Kailash Tarachandani, CEO of Inox Wind, said, “This order re-emphasises not only the credentials of Inox Wind Limited as the leading wind energy solutions provider but also of the strong tailwinds that the sector is witnessing. This also paves the way for a strong growth trajectory that we have chartered out for us. I firmly believe that with the impetus in the sector and combined with our latest 3.3 MW offering, IWL should grow manyfold from here on.”

Inox Wind Limited is a part of the USD 5 bn Inox GFL. A fully integrated player in the wind energy market, the firm has three state-of-the-art manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh. At present, Inox Wind’s manufacturing capacity stands at 1,600 MW per annum.

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.