Inox Green Energy Services Limited has informed the Exchange regarding a press release dated May 21, 2025, titled "Inox Green signs agreements for O&M of 639 MWp of solar projects".
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Inox Green Energy Services has signed agreements to provide operations and maintenance (O&M) services for 639 MWp of solar projects belonging to a major renewable energy company backed by an energy multinational. With this addition, the company's solar O&M portfolio has grown to approximately 1.6 GW. Overall, Inox Green's total renewable energy assets under management have now crossed the 5 GW milestone. The company is positioning itself as India's only listed pure-play renewable O&M services provider, with long-term contracts supporting steady cash flows. The CEO highlighted confidence in continued portfolio growth and stronger financial performance going forward.
This is a positive development for shareholders as it expands the company's order book and reinforces revenue visibility through long-term O&M contracts. Crossing the 5 GW milestone strengthens Inox Green's leadership position in the renewable O&M segment and could support steady earnings growth.