Announced Wed, 29 Jul · 07:34 IST
Inox Wind secures 200 MW turnkey order worth Rs 1,600 crore from NLC India
INOXWIND · price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹75.77
prior close
₹76.94
base price
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AI summary
Inox Wind has secured a 200 MW turnkey order from NLC India Limited, valued at about Rs 1,600 crore. The project covers end-to-end execution including supply of wind turbine generators, EPC, and O&M services, to be commissioned within 24 months from the Letter of Award. This is a repeat order from NLC India. With this, the company's order book stands at 4.7 GW, comprising C&I customers, PSUs, and IPPs, providing strong revenue visibility.
Likely market impact
Positive for revenue visibility. Rs 1,600 crore order strengthens the 4.7 GW order book and reinforces Inox Wind's position in India's wind energy sector.