Inox Wind wins orders for supply of wind turbine generators aggregating 40 MW

Inox Wind, an Indian wind energy service provider, has announced that it has won several orders for the supply of wind turbine generators from retail customers in various industries. The projects will be executed on a turnkey basis across multiple locations in Gujarat and Karnataka. As per the contract, the company will have to provide 2 MW DFIG 113 metre rotor diameter wind turbine generators along with comprehensive maintenance for the equipment for the entire duration of the project. Following the announcement, the share price of the company, which had reported a net loss of Rs 730 million in June 2020, rose by 1.61 per cent. These projects are expected to be commissioned by March 2021.

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