Inox Wind bags Rs 1,600 crore NLC India order for 200-MW project

New Delhi: Inox Wind Ltd (IWL) on Wednesday said it has secured a 200 MW order worth nearly Rs 1,600 crore from NLC India Ltd.

The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA), a company statement said.

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The order, with an approximate contract value of Rs 1,600 crore, will be executed on a turnkey basis, it added.

Under the contract, Inox Wind will be responsible for the end-to-end execution of the project, including the supply of wind turbine generators, Engineering, Procurement & Construction (EPC), and post-commissioning operations and maintenance services.

With this, the company's order book stands at 4.7 GW, comprising a well-diversified mix of Commercial & Industrial (C&I) customers, Public Sector Undertakings (PSUs), and Independent Power Producers (IPPs).

This balanced customer portfolio provides strong revenue visibility while underscoring Inox Wind's leadership in serving the evolving requirements of India's renewable energy sector.

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This order further strengthens Inox Wind's position as one of India's leading integrated wind energy solutions providers with proven expertise in delivering large-scale turnkey wind projects.

It also reinforces the company's strong and growing order book, providing long-term execution visibility while supporting India's accelerating renewable energy capacity addition.

Sanjeev Agarwal, CEO, Inox Wind, said, "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..."