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INOX Wind shines on signing EPC contract for 250 MW from Continuum Power Trading

30 Dec 2019 Evaluate

INOX Wind is currently trading at Rs. 35.25, up by 1.40 points or 4.14% from its previous closing of Rs. 33.85 on the BSE.

The scrip opened at Rs. 34.45 and has touched a high and low of Rs. 35.65 and Rs. 34.45 respectively. So far 2309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 80.75 on 06-Mar-2019 and a 52 week low of Rs. 30.80 on 07-Oct-2019.

Last one week high and low of the scrip stood at Rs. 36.60 and Rs. 33.50 respectively. The current market cap of the company is Rs. 751.19 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 7.34% and 17.66% respectively.

INOX Wind has signed a Term Sheet with Continuum Power Trading (TN), part of Continuum Wind Energy group, to supply, erect and commission 250 MW of wind power projects (in two phases of 126 MW and 124 MW) comprising of a mix of 2 MW (113 metre rotor diameter turbine combined with 92 metre hub height) and 3 MW (145 metre rotor diameter turbine combined with 120 metre hub height) turbines.

The first phase of 126 MW of the project is scheduled to be commissioned by Q3 of FY 2021 at Dayapar, District Bhuj in the State of Gujarat and will be executed on a turnkey project basis.

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.

Inox Wind Share Price

97.81 2.35 (2.46%)
17-Apr-2026 16:59 View Price Chart
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