Inox Green Energy Signs O&M Agreements for 285 MWp Solar Projects Across India

19 May 2025 , 11:20 AM

Inox Green Energy Services Ltd announced about winning a large operations and maintenance (O&M) contract win in the solar power space. The company revelaed that it has signed O&M contracts for 285 megawatt peak (MWp) of solar projects.

The pact was made in association with two of top renewable energy companies in the country and further consolidates Inox Green’s position in the clean energy segment. The 285 MWp projects are located at different sites, demonstrating a geographically diversified portfolio. With the new win, Inox Green’s overall solar O&M portfolio has reached 1 GW, witnessing excellent growth momentum.

SK Mathu Sudhana, CEO, said he was pleased with the expansion, adding that the company was expanding the solar O&M asset base at a blistering pace across the country.

The development comes after an April 2025 agreement that saw Inox Green clinch a deal to offer O&M services for 675 MWp of solar assets owned by one of India’s leading renewable energy players. These back-to-back contacts make Inox Green one of the prominent players in the expanding Indian Renewable energy O&M sector.

Since its Order intensity is looking strong, INOX Green is likely to add to legacy and create a potential order pipeline addition. Meanwhile, Inox Clean Energy is gearing up to file a ₹5,000-crore IPO through the confidential route, said another individual.

Indian media has reported Inox Clean Energy is expected to file its draft red herring prospectus (DRHP) with the Indian securities market regulator, the Securities and Exchange Board of India (SEBI), in the next few weeks. The IPO plans also reflect the group’s bigger ambition to shore up funds for expansion at a time when India further ramps up the renewable energy deployment.