Announced Tue, 16 Jun · 12:05 IST
Inox Wind signs MoU with Inox Clean for 1,500 MW wind turbine supply
Compliance View source PDF
INOXWIND · price
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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹89.80
prior close
₹90.26
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.5+0.4+1.0+1.3-0.5+1.6+3.3+0.8-0.4-7.6-12.2——
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AI summary
Inox Wind signed an MoU with group company Inox Clean Energy to supply 1,500 MW of wind turbines (3.3 MW and 4X MW models) for renewable projects across India. This lifts the order book from 3.1 GW to over 4.5 GW, providing multi-year revenue visibility. Inox Clean targets a 14 GW renewable portfolio by FY29, with 20-30% expected from wind, ensuring continued order flow under the INOXGFL Group's 'One Integrated' strategy.
Likely market impact
Order book rises to 4.5 GW from 3.1 GW, boosting multi-year revenue visibility and execution runway for shareholders.