Inox Green Energy Services disclosed that its subsidiary, I-Fox Windtechnik India Pvt Ltd, has secured a significant order valued at Rs 39.5 crore. This order pertains to the restoration of 33 WTGs, each with a capacity of 1.5MW, for NLC India. The contract entails the supply of materials, spares, and other necessary activities for the restoration of these WTGs over a period of eight months.
Inox Green Energy Services is a prominent player in the renewable energy sector, offering comprehensive solutions in solar and wind power. With a strong focus on sustainability and innovation, the company is dedicated to providing reliable, cost-effective, and environmentally friendly energy solutions.
Inox Green Energy Services specializes in the development, construction, and operation of renewable energy projects, contributing significantly to India’s renewable energy goals. Their commitment to excellence and customer satisfaction has earned them a reputation as a trusted partner in the renewable energy industry.
The total revenue expected from this contract, inclusive of taxes, is Rs 39.5 crore. The specific project involves the restoration of WTGs located at NLC India’s wind power plant in the Tenkasi district of Tamil Nadu. SK Mathu Sudhana, the CEO of IGESL, expressed delight at securing another order from NLC India, following a previous contract for comprehensive operation and maintenance (O&M) services for 51MW WTGs over five years.
This latest order signifies a significant milestone in the growth trajectory of IGESL and its subsidiary I-Fox Wind. Sudhana highlighted the company’s progress in meeting its targets across all areas. IGESL stands out as a prominent player in the wind power operations and maintenance (O&M) sector in India, boasting an impressive fleet size of 3.2 GW.
The company specializes in offering enduring O&M solutions for wind projects, positioning itself as a subsidiary of Inox Wind Ltd, thereby benefiting from a synergistic association and forming an integral part of the esteemed INOXGFL Group. With a robust and diversified existing portfolio, IGESL boasts a proven track record of success.
Its revenue streams are underpinned by secure, long-term O&M agreements. Noteworthy clients include some of the leading independent power producers (IPPs), Public Sector Undertakings (PSUs), and a range of retail customers, underscoring IGESL’s significance and impact in the renewable energy landscape.
