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INOXGFL Group emerges as successful bidder for acquisition of Wind World India’s IPP, O&M businesses

Inox Wind Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 539083 | NSE: INOXWIND

19 Feb 2026 Evaluate

INOXGFL Group has emerged as a successful bidder for the acquisition of the IPP and O&M businesses of Wind World India through the National Company Law Tribunal (NCLT)-approved resolution process. The acquisition will be through its companies -- Inox Clean Energy’s (Inox Clean) subsidiary -- Inox Neo Energies (Inox Neo) and Inox Green Energy Services (Inox Green) respectively. Under the transaction, Inox Clean -- the Group’s renewable energy platform engaged in developing, owning and operating utility-scale wind, solar and hybrid assets -- will acquire Wind World India’s Independent Power Producer (IPP) portfolio through its subsidiary Inox Neo. Inox Green -- one of India’s leading renewable O&M service provider with a large and diversified portfolio across multiple states -- will acquire Wind World India’s Operations & Maintenance (O&M) arm.

Wind World India has manufacturing, IPP and O&M operations. Wind World India, directly and through its subsidiaries, has a combined installed IPP capacity of approximately 600 MW, with wind farms spread across seven key wind-rich states: Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. Additionally, Wind World India’s O&M portfolio stands at nearly 4.5 GW, servicing a marquee client base that includes leading corporates such as the Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc, amongst others.

With this acquisition, Inox Clean expands its IPP portfolio with operational wind assets across key wind corridors. Inox Clean is setting new growth benchmarks and has established a solid base to achieve its medium-term targets of 10 GW of installed IPP capacity and 11 GW of integrated solar manufacturing capacity by FY28. Inox Green Energy Services is a subsidiary of Inox Wind.

Inox Wind is a part of the INOXGFL Group. The company is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate Investors.

Inox Wind Share Price

97.81 2.35 (2.46%)

17-Apr-2026 16:59 View Price Chart

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INOXGFL Group emerges as successful bidder for acquisition of Wind World India’s IPP, O&M businesses

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