Inox Wind secures Rs 1,600 crore turnkey order from NLC India
Inox Wind Limited (IWL) has secured a repeat turnkey order of 200 MW from NLC India Limited, with an approximate contract value of Rs 1,600 crore. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).
The latest order takes IWL’s order book to 4.7 GW, comprising projects from Commercial and Industrial (C&I) customers, Public Sector Undertakings (PSUs) and Independent Power Producers (IPPs).
Project scope
Under the contract, IWL will undertake end-to-end execution of the 200 MW project, covering the supply of Wind Turbine Generators (WTGs) and Engineering, Procurement and Construction (EPC). The scope also includes post-commissioning operations and maintenance services.
The order is a repeat mandate from NLC India Limited and adds to IWL’s turnkey project portfolio as the company executes its 4.7 GW order book across multiple customer segments.
Management view
Commenting on the order, Sanjeev Agarwal, CEO, Inox Wind Ltd, stated: “We are delighted to have secured this repeat order of 200 MW turnkey order from NLC India Limited, one of India’s leading public sector enterprises in the power sector. This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio.”
He added: “As India continues to accelerate its renewable energy transition, customers are increasingly partnering with experienced and reliable wind OEMs capable of delivering projects seamlessly from concept to commissioning. We remain committed to supporting the country’s clean energy ambitions while creating long-term value for all our stakeholders through operational excellence and timely project execution.”
The featured photograph is for representation only.
