SECI Grants Extension to Inox for 250MW Wind Projects Commissioning

State-owned Solar Energy Corporation of India (SECI) has provided more time to Inox Wind, country’s one of the leading wind energy solutions provider, for the commissioning of its 250 MW ISTS connected wind projects in the state of Gujarat.

The company said in a filing to the stock exchange that “it has been granted time extension by SECI for the scheduled commissioning date for 5×50 MW ISTS connected wind power projects in Gujarat (SECI Tranche I).”

Further, SECI has granted time extension on the back of delay in operationalization of long term access by the Central Transmission Utility (CTU), it added.

Wind energy major further added that, out of an aggregate of 250 MW of SECI 1 at Dayapar, Gujarat, it had successfully commissioned 200 MW in the months of June and July this year.

Besides, SECI has also provided its permission to Noida-headquartered Inox Wind for the commissioning of its balance 50 MW wind energy project, which is already under execution.

The company is providing its wind energy solutions to various independent power producers (IPPs), utilities, public sector undertakings (PSUs) and corporate investors. It has its three manufacturing plants in the states of Gujarat, Himachal Pradesh and Madhya Pradesh.

This wind energy major has its manufacturing capacity stood at 1,600 MW p. a. It manufactures blades and tubular towers at its plant near Ahmedabad, in Gujarat and Barwani, in Madhya Pradesh. However, the company’s manufacturing facility at Una in Himachal Pradesh manufactures hubs & nacelles.

Meanwhile, shares of Inox Wind were trading 12.32 percent higher at Rs 36 a piece at 12:59 p.m. on the BSE.