Inox Wind’s board has approved a proposal to raise Rs 402.5 crore through preferential issue of equity shares and convertible warrants. Its promoters will infuse Rs 150 crore through preferential issue of equity shares.
Samena Green, a non-promoter foreign company, will infuse Rs 152.5 crore through preferential issue of equity shares and convertible warrants. Another non-promoter entity Lend Lease Company (India) will put in Rs 100 crore through the same route.
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.
