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INOX Wind sign deal for sale of 50 MW wind power project in Gujarat

16 Oct 2019 Evaluate

INOX Wind has closed a deal for sale of a 50 MW wind power project at Dayapar, Kutch in the state of Gujarat in which Adani will be the strategic investor. This project is part of the capacity won under SECI bids for wind power projects connected on the central grid. These 2 MW Wind Turbines have one of the highest swept areas that make it ideally suited to maximize returns in low wind areas.

The company, apart from the above, has already commissioned 166 MW of wind projects for Adani. This new deal has been signed by Adani reposing their confidence in the company.

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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