A 150 MW wind power project has been ordered by NTPC Renewable Energy, a fully owned subsidiary of NTPC Green Energy, the company’s renewable energy business vertical, from leading wind energy solutions provider Inox Wind. Gujarat will serve as the location for the project’s execution. With this deal, Inox Wind has now received 550 megawatts (MW) from NTPC, according to a business statement published with stock exchanges.
Inox Wind’s CEO, Kailash Tarachandani, thanked NTPC REL for choosing Inox Wind as the recipient of this 150 MW project. He also underlined the company’s desire to develop a long-term cooperation with NTPC, acting as their dependable supplier and helping them achieve their lofty renewable energy targets.
To achieve 175 GW by 2022 and 450 GW by 2030, India has set lofty goals for renewable energy. The government has started programmes like the Atma Nirbhar Bharat Abhiyan to assist these goals. Inox Wind claimed that given this favourable environment, it was well-positioned to prosper and greatly advance India’s aspirations for renewable energy.
Inox Wind will provide and install cutting-edge wind turbine generators using both existing and new technology as part of the deal. Inox Wind will also be in charge of providing project operation and maintenance (O and M) services as part of the arrangement. This addition will help Inox Wind’s O and M fleet grow, increasing overall profitability, according to Tarachandani.
Inox Wind has claimed to have a sizable order book as a provider of comprehensive solutions throughout the wind power value chain. It said that the company’s most recent order further solidified its position and supported its dedication to India’s ambition for renewable energy.
Source: PTI
