Inox Green signs 285 MWp solar O&M deals
Author: PPD Team Date: 22/05/2025
Author: PPD Team Date: 22/05/2025
Inox Green Energy Services Limited has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two major renewable energy developers in India. The projects are located across multiple sites.
With these additions, Inox Green’s solar O&M portfolio has grown to nearly 1 GW, achieved within a month of entering the solar segment. The company plans to expand this portfolio further through both organic growth and acquisitions.
Inox Green currently manages over 4 GW of renewable energy assets. It is a subsidiary of Inox Wind and part of the INOXGFL Group. The company is India’s only listed pure-play renewable O&M services provider. Its clients include large independent power producers (IPPs), public sector undertakings (PSUs), and retail customers.
Author: PPD Team Date: 13/06/2025 The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Limited (IWEL) with Inox Wind Limited (IWL), as per its order dated June 10, 2025. The merger will simplify the business structure of the INOXGFL Group by eliminating the holding company layer and allowing direct promoter shareholding in IWL. It is expected to reduce IWL’s liabilities by around Rs 20.50 billion and strengthen its…
Author: PPD Team Date: 04/08/2025 The Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism, including the Solar Power Central Pool and Solar-Wind Hybrid Central Pool, due to delays in project approvals and power sale agreements. The URET framework, introduced in February 2024, was designed to stabilise tariffs for solar and hybrid projects till 2027. However, many state distribution companies and utilities did not sign power sale agreements due to uncertainty over…
Author: PPD Team Date: 03/07/2025 Solex Green Energy Private Limited, a wholly owned subsidiary of Solex Energy Limited, has won contracts worth Rs 68.69 crore to develop 24.1 MW of solar power projects across India. The contracts were awarded on July 1, 2025. These projects have been granted under the Government of India’s “Distributed Renewable Energy Bilateral Purchase (DREBP)” Policy. The projects will be executed in various tranches.
Author: PPD Team Date: 07/04/2025 IndiGrid has commissioned India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) project with a capacity of 20 MW/40 MWh. The project is located in Delhi and operated by Kilokari BESS Pvt Ltd (KBPL). This marks IndiGrid’s first commercial battery storage project and a significant step in India’s push for cleaner, more resilient power infrastructure. KBPL is designed to support grid stability, manage peak demand, and integrate renewable energy…
Author: PPD Team Date: 19/12/2024 Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore wind farms—the Fos and Narbonnaise projects. These links will connect the offshore farms to the French national grid. The agreement includes engineering, procurement, construction, installation, and commissioning (EPCI) of both submarine and land cable segments. The…
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…
Author: PPD Team Date: 13/06/2025 The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Limited (IWEL) with Inox Wind Limited (IWL), as per its order dated June 10, 2025. The merger will simplify the business structure of the INOXGFL Group by eliminating the holding company layer and allowing direct promoter shareholding in IWL. It is expected to reduce IWL’s liabilities by around Rs 20.50 billion and strengthen its…
Author: PPD Team Date: 04/08/2025 The Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism, including the Solar Power Central Pool and Solar-Wind Hybrid Central Pool, due to delays in project approvals and power sale agreements. The URET framework, introduced in February 2024, was designed to stabilise tariffs for solar and hybrid projects till 2027. However, many state distribution companies and utilities did not sign power sale agreements due to uncertainty over…
Author: PPD Team Date: 03/07/2025 Solex Green Energy Private Limited, a wholly owned subsidiary of Solex Energy Limited, has won contracts worth Rs 68.69 crore to develop 24.1 MW of solar power projects across India. The contracts were awarded on July 1, 2025. These projects have been granted under the Government of India’s “Distributed Renewable Energy Bilateral Purchase (DREBP)” Policy. The projects will be executed in various tranches.
Author: PPD Team Date: 07/04/2025 IndiGrid has commissioned India’s first regulated utility-scale standalone Battery Energy Storage System (BESS) project with a capacity of 20 MW/40 MWh. The project is located in Delhi and operated by Kilokari BESS Pvt Ltd (KBPL). This marks IndiGrid’s first commercial battery storage project and a significant step in India’s push for cleaner, more resilient power infrastructure. KBPL is designed to support grid stability, manage peak demand, and integrate renewable energy…
Author: PPD Team Date: 19/12/2024 Prysmian, a leading manufacturer of energy and telecom cables, has entered into a framework agreement with Réseau de Transport d’Électricité (RTE), France’s transmission system operator, to provide submarine power cable links for two offshore wind farms—the Fos and Narbonnaise projects. These links will connect the offshore farms to the French national grid. The agreement includes engineering, procurement, construction, installation, and commissioning (EPCI) of both submarine and land cable segments. The…
Author: PPD Team Date: 27/02/2025 Jyoti Structures Limited has received a Rs 3.89 billion Notification of Award (NoA) from Adani Energy Solutions Limited (AESL) for the 765 kV DC transmission line 1B of Boisar II-Pune III. The contract includes tower supply, survey, soil investigation, foundations, erection, stringing, testing, and commissioning on a turnkey basis. The project is part of the Transmission System for Evacuation of Power from the potential renewable energy zone in Khavda, Gujarat,…
Author: PPD Team Date: 13/06/2025 The National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Limited (IWEL) with Inox Wind Limited (IWL), as per its order dated June 10, 2025. The merger will simplify the business structure of the INOXGFL Group by eliminating the holding company layer and allowing direct promoter shareholding in IWL. It is expected to reduce IWL’s liabilities by around Rs 20.50 billion and strengthen its…
Author: PPD Team Date: 04/08/2025 The Ministry of Power has withdrawn the Uniform Renewable Energy Tariff (URET) mechanism, including the Solar Power Central Pool and Solar-Wind Hybrid Central Pool, due to delays in project approvals and power sale agreements. The URET framework, introduced in February 2024, was designed to stabilise tariffs for solar and hybrid projects till 2027. However, many state distribution companies and utilities did not sign power sale agreements due to uncertainty over…