Inox Wind has received an approval for the issuance of 990 rated, listed, secured, redeemable, non-convertible debentures (NCDs) having a face value of Rs 10 lakh each aggregating up to Rs 99 crore. The NCDs will have coupon rate of 9.75 per cent per annum payable annually with a tenure till April 30, 2025. The Board of Directors of the company, at its meeting held on May 24, 2022 has approved the same.
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.
