
A prominent green energy transition platform has awarded Inox Wind a 100 MW equipment supply deal.
The aforementioned deal is for the company to offer its cutting-edge 3.3 MW turbines for the projects the customer is developing in Gujarat. The business will also supply multi-year operations and maintenance (O&M) services when the turbines are commissioned, as well as limited scope EPC for the project.
"We are thrilled to have acquired a 100 MW contract from a new customer, with several other orders to be received moving ahead," stated Sanjeev Agarwal, CEO of Inox Wind. This order adds to the 229 MW we recently won from both new and old clients, bringing our total order intake for FY26 to almost 400 MW thus far.
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In order to guarantee that our year-end net orderbook satisfies our execution guidance for the next 18 to 24 months, we are in the advanced stages of closing many more orders.
We think there would be significant future prospects in the wind industry given the robust momentum in India's hybrid renewable energy sector.
India's top supplier of wind energy solutions, Inox Wind (IWL) serves corporate investors, utilities, PSUs, and IPPs. With four production facilities in Gujarat, Himachal Pradesh, and Madhya Pradesh, IWL is a fully integrated participant in the wind energy industry. These facilities produce hubs, nacelles, blades, and tubular towers.
Due to a 29.2% increase in net sales to Rs 826.25 crore in Q1 FY26 compared to Q1 FY25, the company's consolidated net profit increased by 928.8% to Rs 105.86 crore.On the BSE, the stock lost 0.82% to close at Rs 150.60.
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