Suzlon Peer Inox Wind Bags 51 MW Order From Everrenew Energy

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.

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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.

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