Inox Wind receives a 102.3 MW order from Aditya Birla Renewables

Inox Wind Limited (IWL), India's leading wind energy solutions provider, today announced that it has secured a 102.3 MW order from ABREL EPC Ltd., a subsidiary of Aditya Birla Renewables Limited (ABReL). This is the first order secured by Inox Wind from Aditya Birla Renewables, which is for the supply of IWL's 3.3 MW turbines for the projects being developed by ABREL EPC Ltd. in Karnataka.

On this occasion, Mr. Sanjeev Agarwal, CEO, Inox Wind Ltd., said, "We are delighted to have received a 102.3 MW order from Aditya Birla Renewables (ABReL), a marquee renewable project developer. ABReL has large-scale plans to set up and deliver long-term clean energy solutions to its customers and we are pleased to be part of ABREL's mission to drive India's energy transition and achieve its decarbonisation and sustainability targets. We continue to make rapid progress on developing relationships with new customers and fortifying the existing ones. New as well as repeat orders are a testament of our robust product and service offerings, which will convert into strong growth going ahead."

Shares of Inox Wind Limited was last trading in BSE at Rs. 125.95 as compared to the previous close of Rs. 124.55. The total number of shares traded during the day was 272483 in over 1909 trades.

The stock hit an intraday high of Rs. 126.35 and intraday low of 123.40. The net turnover during the day was Rs. 34070960.00.

Source : Equity Bulls

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InoxWind INE066P01011 OrderWin AdityaBirlaRenewables