Stock Report

Inox Wind bags orders of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption



Posted On : 2021-02-17 09:03:29( TIMEZONE : IST )

Inox Wind bags orders of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption

Inox Wind, India's leading wind energy solutions provider, today announced new orders for the supply and installation of wind turbine generators of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption. The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka. The contracts include supply and commissioning of 2 MW DFIG 113 meters rotor diameter Wind Turbine Generators (WTGs) as well as providing comprehensive operations and maintenance services for the life time of the project. Inox Wind provides its customers with end to end integrated solutions for the entire wind power value chain. The orders are expected to be commissioned by September 2021. The Company which enjoys one of the largest order books in the industry has further strengthened its order book with the fresh orders.

Key Highlights

- Bags 62 MW turnkey wind power project orders
- Projects to be executed across locations in Gujarat and Karnataka
- Projects to be commissioned by September 2021

Shares of Inox Wind Ltd was last trading in BSE at Rs.68.5 as compared to the previous close of Rs. 72.65. The total number of shares traded during the day was 90727 in over 795 trades.

The stock hit an intraday high of Rs. 73.85 and intraday low of 67.5. The net turnover during the day was Rs. 6258653.

Source : Equity Bulls

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