Inox Wind Secures ₹755 Crore Turnkey Order from Indian Oil Corporation
Inox Wind Bags Repeat Order from Maharatna PSU
Inox Wind Limited, one of India’s prominent wind energy solutions providers, announced that it has bagged a repeat 100 MW turnkey order from state-owned oil marketing giant Indian Oil Corporation Limited (IOC). The contract is valued at approximately ₹755 crore, reinforcing the company’s strong execution capabilities in the renewable energy sector.
Key Details of the Contract
- Order Capacity: 100 MW turnkey wind power project.
- Total Contract Value: Approximately ₹755 crore.
- Scope of Work: Supply of Wind Turbine Generators (WTGs), engineering, procurement, and construction (EPC), along with comprehensive project execution.
- Operations & Maintenance (O&M): Includes post-commissioning O&M services for 10 years.
- Client Profile: Indian Oil Corporation Limited, a Maharatna Public Sector Undertaking (PSU).
Strategic Importance and Market Outlook
This repeat contract underscores growing trust among public sector undertakings (Plus) and institutional clients for comprehensive turnkey wind solutions. The order enhances Knox Wind Limited’s diversified portfolio spanning Independent Power Producers (IPPs), Commercial & Industrial (C&I) clients, and.
Commenting on the announcement, Mr. Kailash Tarachandani, Group CEO, Renewables business at INOXGFL Group, stated that the repeat order reflects the confidence institutional buyers place in the company’s integrated capabilities across the project lifecycle—from turbine manufacturing to long-term operations.
About Knox Wind Limited
Part of the $16 billion INOXGFL Group, Inox Wind Limited is a fully integrated wind energy player with a total manufacturing capacity of 2.5 GW per annum across five units in Gujarat, Madhya Pradesh, and Himachal Pradesh. Its subsidiary, Knox Green Energy Services Ltd., is an established renewable O&M player in India, managing over 13.3 GW of portfolio assets.