Inox Wind Limited (INOXWIND)
Press Release
Inox Wind signed an MoU with Inox Clean for supplying 1,500 MW of wind turbines.
- The MoU supports INOXGFL Group's 'One Integrated' renewable strategy.
- Inox Clean plans to add over 3 GW renewable capacity annually, targeting 14 GW by FY29.
- 20-30% of Inox Clean's additions expected to be wind, ensuring multi-year order visibility for Inox Wind.
- Inox Wind's order book crosses 4.5 GW with this MoU, covering next few years.
- Partnership aims for faster execution, supply chain certainty, and capital efficiency.
- Inox Wind manufacturing capacity ~2.5 GW per annum with advanced 3.3 MW and 4X MW turbines.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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