Inox Wind Limited has informed the Exchange regarding a press release dated July 23, 2025, titled "Inox Wind bags a 51 MW order from First Energy".
INOXWIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Inox Wind has secured a 51 MW wind turbine order from First Energy Private Limited (FEPL), a Thermax Group company, marking the first order from FEPL. The project will be set up in Tamil Nadu through FEPL's SPV (First Energy 10 Private Limited) using IWL's 3 MW class turbines with 140-meter hub height and 145-meter rotor diameter. The contract includes limited-scope EPC services (including supervision) and multi-year post-commissioning operations & maintenance (O&M) services to be executed through IWL's subsidiaries. This adds to IWL's order book and opens a relationship with a growing commercial & industrial (C&I) renewable energy player.
A modest positive for the stock — a new client win diversifies the order book and the multi-year O&M component provides recurring revenue visibility, though the 51 MW size is relatively small compared to IWL's ~2.5 GW annual manufacturing capacity.