Inox Clean Energy Limited has signed a definitive agreement to acquire 100% equity interests in Vena Energy India Holdings Pte Ltd, the India renewable energy platform of Vena Group, in a transaction estimated at around Rs 6,000 crore. The acquisition is subject to customary closing conditions and regulatory approvals. The portfolio being acquired includes around…
Inox Wind Limited reported a consolidated net profit of Rs 91.3 crore for the quarter ended March 2026, down 51.1% from Rs 186.8 crore in the year-ago period, as geopolitical disruptions and delayed customer payments impacted profitability. Revenue from operations fell 2.4% year-on-year to Rs 1,244.2 crore. EBITDA declined 21.5% to Rs 200 crore from…
INOXGFL Group has expanded its renewable portfolio, with subsidiary Inox Clean Energy completing the acquisition of Vibrant Energy from Macquarie Corporate Holdings for around Rs 5,000 crore. The transaction, completed in four months, adds a 1,337 MW portfolio of solar and hybrid assets. The acquired portfolio supplies power to commercial and industrial (C&I) consumers across…
Inox Neo Energies Limited, a wholly owned subsidiary of Inox Clean Energy Limited, has signed definitive agreements with Evergreen Power Mauritius Private Limited and Evergreen Renewables Private Limited to acquire a wind-solar hybrid portfolio of 640 MW contracted capacity, equivalent to about 850 MW DC. The portfolio consists of five greenfield hybrid projects in Maharashtra…