My View:
Inox wind is continuously getting the projects which is good for the firm. It will help the company to get more amount of projects. Wind Power as a segment is facing slowdown in recent years. Lets hope the policies and regulation help the sector to have faster pace. The target by the government is 60 GW by 2022 in India.
News:
Noida based Inox Wind today announced it has won repeat orders for two 20 MW wind power projects in Gujarat.
Inox Wind will provide end-to-end solutions from development and construction to commissioning as part of the turnkey project for Malpani Group, according to the company statement sent to Bombay Stock Exchange (BSE) .
"Inox Wind Ltd has bagged repeat orders from D J Malpani for two wind power projects of 20 MW each in the state of Gujarat. The two orders are scheduled to be commissioned by March 2017," added the company statement.
Inox has also been contracted to undertake operations and maintenance services of the projects for a multi-year period, post commissioning.
The orders involves supply and installation of 20 units of Inox Wind's 113 meter rotor diameter Wind Turbine Generator.
Malpani Group is a diversified business house with presence in renewable energy, FMCG products and real estate.
Inox wind is continuously getting the projects which is good for the firm. It will help the company to get more amount of projects. Wind Power as a segment is facing slowdown in recent years. Lets hope the policies and regulation help the sector to have faster pace. The target by the government is 60 GW by 2022 in India.
News:
Noida based Inox Wind today announced it has won repeat orders for two 20 MW wind power projects in Gujarat.
Inox Wind will provide end-to-end solutions from development and construction to commissioning as part of the turnkey project for Malpani Group, according to the company statement sent to Bombay Stock Exchange (BSE) .
"Inox Wind Ltd has bagged repeat orders from D J Malpani for two wind power projects of 20 MW each in the state of Gujarat. The two orders are scheduled to be commissioned by March 2017," added the company statement.
Inox has also been contracted to undertake operations and maintenance services of the projects for a multi-year period, post commissioning.
The orders involves supply and installation of 20 units of Inox Wind's 113 meter rotor diameter Wind Turbine Generator.
Malpani Group is a diversified business house with presence in renewable energy, FMCG products and real estate.
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