Inox Wind blows high
Today morning, Inox Wind (IWL), announced today that it has bagged a 51 MW order from First Energy Private (FEPL), a Thermax Group company.
This is the first order awarded by FEPL to Inox Wind for the supply of IWL’s 3 MW class turbines having 140-meter hub height and rotor diameter of 145 meters.
FEPL will set up these turbines at its project site being developed in Tamil Nadu through its SPV First Energy 10 Private Limited.
Additionally, the order scope includes limited scope EPC services for the project including supervision, as well as multi-year operations & maintenance (O&M) services post the commissioning of the WTGs, to be implemented through the subsidiaries of IWL.
This order adds to IWL’s growing order book visibility, providing continued execution momentum into FY26.
The order opens doors to a strategic partnership with the Thermax Group, a well-respected name in industrial energy solutions.
With Tamil Nadu being one of India’s leading states for wind potential, this project aligns with state and national targets to scale up non-solar renewables.
The stock is among the top five gainers on the BSE today; the stock which had closed at Rs.165.60, opening today at Rs.166.60 and rose to an intraday high at Rs.167.20. Its 52-week high is at Rs.262.10 and low at Rs.130.20.