In Short : Inox Wind has sold a ₹175 crore stake in its engineering, procurement and construction (EPC) subsidiary, valuing the unit at ₹7,400 crore. The move aims to unlock value and strengthen the company’s balance sheet. With this transaction, Inox Wind continues to focus on growth in India’s renewable energy sector while optimizing its […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Cut Debt and Boost Growth – EQ
In Short : Inox Wind plans to raise ₹1,249.33 crore through a rights issue by offering 10.41 crore shares at ₹120 each, a 27% discount to market price. Shareholders will get 5 shares for every 78 held. The issue opens on August 6 and closes on August 20, with proceeds used for debt reduction, preference […]
Inox Wind Bags 51 MW Tamil Nadu Project from Thermax Subsidiary First Energy – EQ
In Short : Inox Wind has secured a 51 MW wind energy order from First Energy, a subsidiary of the Thermax Group, for a project in Tamil Nadu. The order includes supply, installation, and commissioning of wind turbine generators, along with comprehensive operations and maintenance services. This deal strengthens Inox Wind’s order book and supports […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Fuel Growth and Cut Debt – EQ
In Short : Inox Wind plans to raise ₹1,249 crore via a rights issue, offering shares at ₹120 each—a 27% discount to market price. The issue opens on August 6 and closes on August 20, with a 5:78 entitlement ratio. Funds will be used to strengthen the company’s balance sheet, repay debt, and support business […]
Inox Wind Merger Clears NCLT Hurdle, Paving Way for ₹2,050 Crore Debt Reduction – EQ
In Short : The National Company Law Tribunal has approved the merger of Inox Wind Energy Ltd with Inox Wind Ltd. Shareholders will get 632 IWL shares for every 10 IWEL shares. The merger will reduce Inox Wind’s liabilities by ₹2,050 crore, strengthen its balance sheet, and boost operational efficiency, marking a strategic step in […]
Inox Wind executes 900 MW of turnkey project from Purvah Green – EQ
In Short : Inox Wind is executing a 990 MW turnkey wind energy project for Purvah Green, a CESC Ltd subsidiary, across Gujarat, Rajasthan, and Madhya Pradesh. Part of a larger 1,500 MW agreement, the project marks India’s largest wind contract by an independent power producer. Commissioning begins in FY26, supporting Purvah Green’s growing renewable […]
Inox Wind secures 153 MW order in Tamil Nadu – EQ
In Short : Inox Wind has secured a significant 153 MW wind energy project order in Tamil Nadu, marking a major step in the state’s renewable energy expansion. The project will involve the installation of advanced wind turbines, contributing to clean energy generation and supporting India’s renewable energy targets. This order reinforces Inox Wind’s position […]
Inox Wind secures 60 MW order from Serentica Renewables – EQ
In Short : Inox Wind has secured a 60 MW order from Serentica Renewables for a wind energy project. The project, to be executed in Karnataka, will involve Inox Wind’s advanced turbines. This collaboration supports Serentica’s renewable energy goals and contributes to India’s clean energy capacity expansion, reinforcing the push towards sustainability and green power […]
Inox Wind shares in focus today as EPC arm raises Rs 350 crore; key details – EQ
In Short : Inox Wind’s shares are currently in focus due to its EPC subsidiary, Resco Global Wind Services, raising ₹350 crore through a preferential allotment to marquee investors. This move marks a significant development, with Resco now ceasing to be a wholly-owned subsidiary of Inox Wind. The funds will help Resco scale up its […]
Inox Wind edges higher after EPC arm raises Rs 350 crore from marquee investors – EQ
In Short : Inox Wind shares saw a slight rise after its EPC subsidiary successfully raised Rs 350 crore from prominent investors. The funds are expected to boost Inox Wind’s operational capabilities and expand its clean energy projects. This strategic financing move highlights investor confidence in Inox Wind’s potential to contribute to India’s growing renewable […]