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Inox Neo Energies acquires 50 MW solar project in MP

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Inox Neo Energies Private Limited, a subsidiary of Inox Wind Limited, has acquired Skypower Solar India Private Limited. The deal adds a 50 MW alternating current (AC) / 57.5 MW peak direct current (DC) solar project to Inox’s growing renewable energy portfolio. The total enterprise value of the transaction is approximately Rs 2.65 billion.  The project is located in the Khandwa district of Madhya Pradesh. It was commissioned during the financial year 2017–2018 and is…

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NCLT approves merger of Inox Wind Energy with Inox Wind

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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 balance sheet. Shareholders of IWEL…

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Inox Wind posts record profit in FY 2024-25 with 105% revenue growth

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Inox Wind Limited has announced its highest-ever quarterly and annual profits for the financial year ending March 31, 2025. The company reported strong growth across all key financial and operational metrics. In Q4 FY 2024-25, Inox Wind recorded a total revenue of Rs 13.11 billion, marking a 130% year-on-year (YoY) increase from Rs 5.69 billion in Q4 FY 2023-24. EBITDA for the quarter rose 103% YoY to Rs 2.90 billion, and profit after tax (PAT)…

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Inox Wind secures 153 MW wind turbine supply contract in Tamil Nadu

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Inox Wind Limited has won a contract to supply Wind Turbine Generators (WTGs) with a rated capacity of 3 MW each for a 153 MW wind power project in Tamil Nadu. The contract was awarded on March 7, 2025. As part of the deal, Inox will provide limited engineering, procurement, and construction (EPC) services, along with multi-year operations and maintenance (O&M) services after the project is commissioned. Inox Wind reported a net profit of Rs…

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Inox Wind wins 60 MW wind turbine supply contract in Karnataka

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Inox Wind Limited has secured a contract from Serentica Renewables India Private Limited (SRIPL) to supply 3 MW-class Wind Turbine Generators (WTGs) for a 60 MW wind power project.  The project is part of a wind-solar hybrid development in Karnataka. Awarded on December 18, 2024, the contract includes equipment supply and multi-year Operations and Maintenance (O&M) services post-commissioning. The WTGs are scheduled for delivery by June 2025.

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Inox Wind secures 87 MW order from Continuum Green Energy

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Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services post-commissioning. The projects are slated for Gujarat and Rajasthan. This addition brings Continuum’s total orders with IWL to approximately 700 MW and elevates IWL’s order book to over 3.4 GW, marking its highest level to date.  …

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Inox Wind reports Rs 902.2 million profit in Q2 FY24, income up 93%

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Inox Wind Limited has announced a net profit of Rs 902.2 million for the quarter ending September 2024, contrasting with a loss of Rs 292.3 million in the same quarter last year.  Total income rose significantly, increasing by 93 percent to Rs 7,417.4 million, compared to Rs 3,844 million in the same period the previous year.