MoneyWorks4Me

Inox Wind has won 250MW in the SECI-II auction representing a 25% market share. The bid was won at a fixed price of Rs 2.65/unit for 25 years. This win is on back of the 300MW order win from the SECI-I auction held earlier in the year. This win enhances the company’s auction based order book to 550MW.

Inox wind would be developing the SECI-II project in the Kutch region in the state of Gujarat. The project would be executed over the next 12 months. The company will supply, erect and commission its advanced 2MW Wind Turbine Generators (WTGs) of 120m Hub height & 113m Rotor diameter. The 113m rotor diameter WTG has one of the highest swept areas that make it ideally suited to maximise returns, even in low wind areas. Inox Wind's Kutch site would become one of the largest wind farms in India post execution of capacities expected to be won in future rounds of SECI & state auctions. Inox Wind will be responsible from the development and construction to commissioning and will provide long term operations and maintenance services.

Inox Wind offers its clients total wind power solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as post-commissioning support.

Peers
Company Name CMP
Waaree Energies 2535.10
Apar Industries 18873.90
Havells India 1096.00
Suzlon Energy 43.30
Siemens 3822.80
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