MoneyWorks4Me

Inox Wind’s arm sells 51% stake in Sri Pavan Energy

23 May 2020 Evaluate

Inox Wind’s wholly owned subsidiary -- Inox Wind Infrastructure Services (IWISL) has sold its entire 51 percent shareholding, comprising 51,000 equity shares of Rs 10 each held in Sri Pavan Energy (SPEPL) on May 22, 2020. SPEPL has now ceased to be a subsidiary of IWISL and in turn, step down subsidiary of Inox Wind.

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 2423.50
Apar Industries 18070.40
Havells India 1055.10
Suzlon Energy 39.47
Siemens 3667.80
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