Suzlon Peer Inox Wind Bags 51 MW Order From Everrenew Energy
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

Inox Wind has secured a 51-megawatt equipment supply order from Everrenew Energy Private Ltd.

What Happened: The company announced on Tuesday morning informed that it has won an order to supply its latest 3-megawatt Wind Turbine Generators (WTGs) for a project in Tamil Nadu. In addition to the equipment supply, the energy player will also be responsible for providing multi-year operations and maintenance services after the project is commissioned.

See Also: IRFC Sees Q1 Net Profit Inch Up To ₹1,576.8 Cr, Revenue At ₹6,765 Cr

Earlier this month, the company bagged a 201-megawatt order from Integrum Energy Infrastructure Ltd. The project was spread across Madhya Pradesh, Rajasthan, Karnataka, and Maharashtra, and also included post-commissioning operations and maintenance services.

In July 2024, the company secured a 200-megawatt order for its 3-megawatt wind turbine generators from a renewable commercial and industrial power producer. The project, spanning across Gujarat and Rajasthan, also included post-commissioning operations and maintenance services.

Last week, the company also reported its earnings for the quarter ended June. The company reported a net profit of ₹50 crore for the June quarter, a turnaround from the ₹65 crore net loss recorded in the same period last year. Total revenue for the quarter surged by 85% to ₹651 crore, up from ₹352 crore in the previous year.

Read Next: RVNL’s Orderbook Contracts Marginally To ₹83,221 Cr In Q1, ₹22,000 Cr Revenue Guidance For FY25 Maintained


Engineered by Benzinga Neuro, Edited by Utkarsh Roshan


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
EquitiesNewsContractsMarketsInox Wind