Inox Wind inks pact with Adani Green Energy

Inox Wind has closed a deal for developing a 100MW wind power project for Adani Green Energy.

Aug 30, 2017 09:08 IST India Infoline News Service

Inox Wind has closed a deal for developing a 100MW wind power project for Adani Green Energy, a part of the Adani group at Kutch in the state of Gujarat. The capacity was won under the round 1 of SECl bids for wind power projects connected to the central grid, the company said in a filing to the bourses on Wednesday.

The project is scheduled to be executed over the next 6-9 months and will be executed on a turnkey basis. Inox Wind will supply, erect and commission its advances 2MW wind turbine generators (WTG) of 120m hub height and 113 rotor diameter.

As a part of the turnkey order, Inox Wind will be responsible for development and construction to commissioning and will provide long term operations and maintenance services.

Inox Wind is an integrated wind energy solutions provider. The company is engaged in the manufacture of Wind Turbine Generators (WTGs). The company provides engineering, procurement and commissioning (EPC); operations and maintenance (O and M), and common infrastructure facilities services for WTGs.

Meanwhile, the stock of Inox Wind traded in positive territory gaining over 3% at 136.70 per share on BSE. The stock on NSE attracted a total traded volume of 5,199 shares and a traded value of Rs 7.03 lakhs.

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