Inox Wind inks pact with Inox Clean for supply of 1,500 MW of wind turbines

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

16 Jun 2026 Evaluate

Inox Wind has signed an MoU with Inox Clean Energy (Inox Clean), India’s fastest-growing independent power producer (IPP) and solar cell & module manufacturing platform, to supply 1,500 MW of wind turbines. The MoU is to supply Inox Clean with the company’s advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India. This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles. The MoU follows the Group’s recently launched transformative ‘One Integrated’ renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services.

The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and the company to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility. As part of this strategy, Inox Clean - the Group’s renewable IPP and solar cell & module manufacturing business - is rapidly emerging as one of the leading renewable platforms globally. The company has become one of the fastest renewable energy companies to achieve an operational portfolio of around 3.5 GW within the first two years of operations and plans to add over 3 GW of renewable capacity annually going forward. Inox Clean is targeting an operational renewable portfolio of 14 GW by FY29. Around 20% to 30% of these annual additions are expected to be wind, translating into multi-year recurring order visibility for Inox Wind and creating a strong foundation for sustained growth.

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

91.00 1.14 (1.27%)

16-Jun-2026 16:59 View Price Chart

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