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Inox Wind Limited — Capital/Financing Update 2021
Feb 17, 2021
59313_rns_2021-02-17_fe4d0022-5286-48b3-b043-871f1ba5cb4e.PDF
Capital/Financing Update
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IWL: NOI: 110: 2021
17[th] February, 2021
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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 bags orders of 62 MW from IPPs and retail customers spread across various industries
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 to the Press in connection with the Company bagging orders of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption.
We request you to please take the above on record.
Thanking You,
Yours faithfully, For Inox Wind Limited
Deepak Banga Company Secretary
Encl: As above
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PRESS RELEASE
Inox Wind bags orders of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption
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Bags 62 MW turnkey wind power project orders
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Projects to be executed across locations in Gujarat and Karnataka
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Projects to be commissioned by September 2021
Noida, February 17, 2021: Inox Wind, India’s leading wind energy solutions provider, today announced new orders for the supply and installation of wind turbine generators of 62 MW from IPPs and retail customers spread across various industries for third party sales and captive consumption. The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka. The contracts include supply and commissioning of 2 MW DFIG 113 meters rotor diameter Wind Turbine Generators (WTGs) as well as providing comprehensive operations and maintenance services for the life time of the project. Inox Wind provides its customers with end to end integrated solutions for the entire wind power value chain. The orders are expected to be commissioned by September 2021. The Company which enjoys one of the largest order books in the industry has further strengthened its order book with the fresh orders.
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.
For more information please contact: Investor Relations Inox Wind Limited Phone: 0120- 6149 600 Email: [email protected]