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Gujarat Fluorochemicals’ subsidiary bags order worth Rs 900 crore

18 Jun 2014 Evaluate

Gujarat Fluorochemicals’ subsidiary, Inox Wind, has bagged order worth Rs 900 crore order for 170 MW project in and around Ratlam and Mandsaur districts of Madhya Pradesh. The order for 85 units of Inox Wind's newly launched 2MW wind turbine with 100 meter rotor diameter has been awarded by Continuum Wind Energy, a Singapore based company, indirectly majority owned by Morgan Stanley Infrastructure Partners.

Gujarat Fluorochemicals, part of the $2 billion INOX group of companies, is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.

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