Inox Green enters into agreement with KEC for 625 MWp solar project O&M

Inox Green Energy Services Ltd., India's leading renewables operations and maintenance ("O&M") service provider, announced today that the Company has been awarded LoA from KEC International Ltd. (KEC) to provide O&M services for the 625 MWp solar project at Bhadla, Rajasthan.

With this addition, Inox Green's solar O&M portfolio crosses 3 GW taking its total renewable O&M portfolio to > 13 GW, as the company rapidly expands across both solar and wind segments.

On this occasion, Mr. SK Mathu Sudhana, CEO of Inox Green, remarked, "We are pleased to have entered into an agreement with KEC International to provide O&M services for one of its largest solar projects located at Bhadla, Rajasthan. At Inox Green, we are expanding our solar O&M portfolio, both organically as well as inorganically by participating in large scale opportunities across solar, wind and RE infrastructure O&M space. Further, Inox Green also expects to add large O&M portfolio on the back of the rapid scale-up of Inox Clean's (Group company) capacities."

Shares of Inox Green Energy Services Limited was last trading in BSE at Rs. 182.35 as compared to the previous close of Rs. 189.65. The total number of shares traded during the day was 61936 in over 1506 trades.

The stock hit an intraday high of Rs. 188.60 and intraday low of 180.60. The net turnover during the day was Rs. 11387995.00.

Source : Equity Bulls

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