MoneyWorks4Me

Inox Green Energy Services’ arm wins order from NLC India

21 Aug 2023 Evaluate

Inox Green Energy Services’ (IGESL) subsidiary -- I-Fox Windtechnik India has won an order from NLC India, a Navratna PSU of Govt of India, for the O&M of 51MW WTGs located in the state of Tamil Nadu. The scope of the contract comprises comprehensive O&M, including power evacuation system, for a period of 5 years with a revenue realization of  around Rs 40 crore (inclusive of taxes) during the contract period.

Inox Green Energy Services is one of the major wind power operations and maintenance (O&M) service providers within India. The Company is engaged in the business of providing long-term O&M services for wind projects.


Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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