Leading wind energy solutions supplier Inox Wind announced to the exchanges on May 30 that it has secured a 150 MW project from NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, the company’s renewable energy division.
The order, which will be carried out in Gujarat, calls for the provision and installation of both new and used technology as well as project operation and maintenance (O&M) services. The most recent order brings Inox Wind’s total NTPC awards to 550 MW.
Inox Wind CEO Kailash Tarachandani in a statement expressed the company’s aspiration to “cultivate a long-term partnership with NTPC”. He also noted that this project will contribute to the expansion of Inox Wind’s O&M fleet, enhancing overall profitability.
The release further noted that Inox Wind is “strategically positioned to thrive and contribute significantly to India’s renewable energy goals”. India has set ambitious targets for renewable energy, aiming to reach 175 GW by 2022 and 450 GW by 2030.
