Inox Wind, a power equipment maker, has received shareholders approval for raising Rs 150 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The shareholders approved the special resolution at its Annual General Meeting held on September 19, to issue NCDs worth Rs 150 crore in one or more tranches during one year period.
Inox Wind is leading wind power solutions provider in India. It manufactures wind turbine generators. The company also offers services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and also long term operations and maintenance of wind power projects.
