Resco Global Wind Services will raise Rs 3.5 billion by selling its equity shares to marquee investors. Resco Global is a subsidiary of Inox Wind Limited engaged in engineering, procurement, and construction (EPC) activities. The capital raised will be used to expand their business offerings and invest in large-scale projects in wind energy.
In July 2024, Inox Wind Limited bagged a 200 MW contract from a renewable commercial and industrial power producer. Further, in April 2024, Inox Wind had secured an order for the supply of 210 MW of wind turbine generators from Hero Future Energies.
