inox-wind

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Inox Wind Raises ₹8 Billion by Selling Equity Shares to Pare Down Debt

Wind energy solutions company Inox Wind (IWEL) has raised around ₹8 billion (~ $96.93 million) by selling its equity shares, advancing towards achieving a debt-free...

November 2, 2023

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Staff

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Market & Policy

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Wind
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Daily News Wrap-Up: Rajasthan Unveils New Renewable Energy Policy

Rajasthan has unveiled its Renewable Energy Policy 2023, aiming to establish 90 GW of renewable energy projects by the financial year 2029-30. Solar projects will...

October 11, 2023

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Mercom Staff

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Daily Wrap-up
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Inox Green Energy Bags O&M Contract for NLC’s 51 MW Wind Project Portfolio

Inox Green Energy Services (IGESL) has announced that its subsidiary, I-Fox Windtechnik India, has secured an operations & maintenance (O&M) contract for 51 MW...

August 22, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Inox Wind Raises ₹5 Billion Through Share Sale, Aims to Turn Debt-Free

Wind energy solutions provider Inox Wind has announced an investment of approximately ₹5 billion (~$60 million) from its main promoter and affiliated group entities. The...

August 18, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Reasons Behind the Recent Downturn in India’s Wind Sector and Causes for Hope

Wind energy projects which were first off the blocks even before solar in India have considerably slowed down in recent years with higher tariffs, supply chain...

July 13, 2023

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Gautamee Hazarika

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Markets & Policy

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Mercom Research Focus

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Wind
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Inox Wind’s Q3 Net Loss Widens to ₹2.8 Billion

Wind energy solutions provider Inox Wind’s loss widened to ₹2.8 billion (~$34.7 million) for the third quarter (Q3) of the financial year (FY) 2023, as against ₹639.5...

February 23, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Maharashtra Commission Rejects Wind Generator’s Plea for Termination of PPA

The Maharashtra Electricity Regulatory Commission (MERC) rejected Inox Wind’s request to nullify the power purchase agreement (PPA) signed with the Maharashtra...

December 13, 2022

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Rakesh Ranjan

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Other

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Wind
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Promoters Infuse ₹6.2 Billion to Help Inox Wind Cut Debt

The promoters of India-based wind energy solutions provider Inox Wind have infused ₹6.2 billion (~$75.34 million) into the company to clear its debts, the company said...

December 8, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Daily News Wrap-Up: UPNEDA Awards 1.8 MW Off-Grid Solar Project to Servotech

Here are some noteworthy cleantech announcements of the day from around the world: Servotech Power Systems has been awarded a Letter of Intent by the Uttar Pradesh New...

September 28, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC Commissions 48.8 MW Solar Project in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the commissioning of the fifth and final part capacity of 48.8 MW out...

August 8, 2022

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Satish Shetty

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Other

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Renewable Energy
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Daily News Wrap-Up: KERC Condones Delay in Commissioning 3 MW Solar Project in Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: Karnataka Electricity Regulatory Commission (KERC) has condoned the delay in...

April 18, 2022

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Satish Shetty

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Other

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Renewable Energy
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Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited

Inox Wind, a wind energy solutions provider, has announced that its subsidiary, Inox Wind Infrastructure Services (IWISL), has sold its 51% shareholding in Sri Pavan...

May 26, 2020

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Anjana Parikh

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Wind
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Inox Wins EPC Contract for 250 MW of Wind Projects by Continuum Power

Inox Wind has signed an EPC (engineering, procurement, and construction) agreement with Continuum Power Trading (TN) Private Limited, a part of the Continuum Wind Energy...

December 31, 2020

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Anjana Parikh

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Wind
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SECI Grants Extension to Inox Wind for 250 MW of Wind Projects in Gujarat

Wind energy solutions provider, Inox wind, has been granted an extension by the Solar Energy Corporation of India Ltd. (SECI) for the scheduled commissioning of 250 MW...

November 28, 2019

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Rakesh Ranjan

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Other

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Wind
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Wind Matches Lowest Solar Winning Bid of ₹2.44/kWh in SECI’s 2,000 MW Auction

The Solar Energy Corporation of India (SECI) has successfully auctioned 2 GW of Inter-State Transmission system (ISTS)-connected wind projects under Tranche III. ReNew...

February 14, 2018

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Saumy Prateek

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Other

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Wind

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