Inox Green Energy Services Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "Inox Green signs agreement for comprehensive O&M of 182 MW of wind projects".
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Inox Green Energy Services Ltd. has signed a comprehensive operations and maintenance (O&M) agreement for 182 MW of operational wind projects with the renewable energy arm of one of India's largest conglomerates. The deal includes converting 82 MW from limited-scope to comprehensive O&M, plus an early renewal of comprehensive O&M for another 100 MW. The projects are located across multiple sites in Western India, connected to common infrastructure already owned by Inox Green. The contract covers the entire remaining life of the wind projects, and means the company has now brought its full fleet with this marquee customer back under its management. Inox Green is India's only listed pure-play renewable O&M services company, managing over 5 GW of renewable assets.
This is a positive development for shareholders, as it locks in long-term recurring revenue, expands the company's comprehensive O&M portfolio, and demonstrates strong client trust. Early renewal of the 100 MW contract signals customer satisfaction and visibility on future cash flows, which could support the stock's valuation.