Inox Wind Limited has bagged a 201-megawatt order from Integrum Energy Infrastructure Ltd. The order, announced on Tuesday, August 6, 2024, is for the supply of equipment for Inox Wind’s latest 3-megawatt Wind Turbine Generators.
What Happened: As per a BSE filing, Inox Wind will not only supply the equipment but also render post-commissioning multi-year operations and maintenance services. The project will be implemented across Madhya Pradesh, Rajasthan, Karnataka, and Maharashtra.
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This order signifies repeat business from Integrum Energy, a leading C&I player, thereby reinforcing the partnership between the two companies. Kailash Tarachandani, CEO of Inox Wind, and Anand Lahoti, founder & CEO, of Integrum Energy, both expressed satisfaction with their continued association.
Just a month prior, in July 2024, the company had secured a 200-megawatt order for its 3-megawatt wind turbine generators. The project, which was to span across Gujarat and Rajasthan, had led to a surge in Inox Wind’s share price by over 6%.
Price Action: Inox Wind's share price was down 1.63% to trade at ₹167.69 on Tuesday afternoon.
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