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Inox Wind Limited Capital/Financing Update 2021

Mar 9, 2021

59313_rns_2021-03-09_eb59b58c-571d-4f45-b109-fb03f7d5d853.pdf

Capital/Financing Update

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IWL: NOI: 111: 2021

9[th] March, 2021

The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (E), Mumbai 400 001 Mumbai 400 051

Scrip code: 539083 Scrip code: INOXWIND

Sub: Press Release - Inox Wind signs binding agreement for 92 MW with Integrum Energy Infrastructure Private Limited

Dear Sir/ Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the communication being released by the Company to the Press in connection with signing of a binding agreement for 92 MW wind power project with Integrum Energy Infrastructure Private Limited.

We request you to please take the above on record.

Thanking You

Yours faithfully, For Inox Wind Limited

Deepak Banga Company Secretary

Encl: a/a

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PRESS RELEASE

Inox Wind signs a binding agreement for 92 MW with Integrum Energy Infrastructure Private Limited

  • Inox Wind to supply, erect & commission Inox Wind’s state of the art 2 MW (113 metre rotor diameter turbine combined with 92 metre hub height) turbines

  • Combination of total turnkey and limited scope supply

  • Inox Wind to supply, erect and commission the turbines by Q3 of FY 22

Noida, March 9, 2021: Inox Wind, India’s leading wind energy solutions provider, has signed a binding agreement with Integrum Energy Infrastructure Private Limited to supply, erect and commission 92 MW of wind power projects comprising of 2 MW (113 metre rotor diameter turbine combined with 92 metre hub height) turbines with a combination of total turnkey and limited scope supply. Inox Wind shall supply, erect and commission the turbines at various locations in the states of Gujarat, Karnataka, Maharashtra & Tamil Nadu by Q3 of FY 22 for captive customers. The agreement includes a turnkey order of 26 MW for which Inox Wind will provide Integrum Energy with end to end solutions from development and construction to commissioning and providing long term operations and maintenance services.

This is a repeat order from Integrum Energy within a short period of 3 months which consisted of a 20 MW of turnkey wind project in Karnataka.

ABOUT INOX WIND:

Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs & Corporate investors. Inox Wind is a fully integrated player in the wind energy market with three state-of-the-art manufacturing Plants in Gujarat, Himachal Pradesh and Madhya Pradesh. The Plant near Ahmedabad (Gujarat) and Barwani (Madhya Pradesh) manufactures Blades &Tubular Towers while Hubs &Nacelles are manufactured at the Company’s facility at Una (Himachal Pradesh). Inox Wind’s manufacturing capacity stands at 1,600 MW per annum. It also has a facility for manufacturing nacelles and hubs at Bhuj, Gujarat.

IWL manufactures key components of WTGs in-house to maintain high quality, most advanced technology, reliability and cost competitiveness. IWL has obtained ISO 9001:2008, ISO 14001:2004, OHSAS 18001 and ISO 3834 certifications for its management systems pertaining to manufacturing, installation, commissioning and O&M of wind turbines. Inox Wind offers complete end to end solutions from concept to commissioning. Besides manufacturing and supply of WTGs, Inox Wind offers services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and long term O&M of wind power projects.

ABOUT INTEGRUM ENERGY:

Integrum Energy, setup by professions who have pioneered the C&I (Industrial and Commercial) energy supply and solutions market in India, provides end-to-end project management and asset management services to Industrial and Commercial customers to set-up Wind & Solar hybrid power plant for their captive consumptions. The solutions offered by Integrum Energy provide 50-75% on the energy bills. Within a short span of time, the Company has signed and is executing multiple wind and solar Hybrid projects.

For more information please contact: Investor Relations Inox Wind Limited Phone: 0120- 6149 600 Email: [email protected]