Inox Wind Share Price: Update on Major Wind Energy Project

Market Performance

On April 21, 2025, Inox Wind's share price rose over 6% during intraday trading on the BSE. The stock opened at ₹166.60, compared to its previous close of ₹162.70, reaching an intraday high of ₹172.80—a gain of 6.21%. At 10:35 AM, the stock was trading at ₹169.40, up 4.12%.

Significant Development: Wind Order Execution

Inox Wind announced the progress of a significant wind energy order through an exchange filing on April 21. The company is working on a 990 MW turnkey order, part of a larger 1,500 MW framework agreement with Purvah Green Private Ltd, a subsidiary of CESC Ltd. The execution is underway across three Indian states: Gujarat, Rajasthan, and Madhya Pradesh.

The company stated that all advances related to this order have been received, and the project is scheduled for phased commissioning starting in FY26.

This 990 MW project represents the most significant wind order ever awarded by an independent power producer (IPP) in India to any wind original equipment manufacturer (OEM).

Company Details

Inox Wind Limited provides wind energy solutions in India. The ongoing execution of this large-scale project is part of the company's broader agreement with Purvah Green Private Ltd., underlining its operational capabilities across multiple regions in the renewable energy sector.

Summary

• Inox Wind's share price rose 6% on April 21, 2025, following a key project update.
• The company executes a 990 MW turnkey wind power order under a 1,500 MW framework agreement.
• The project is being implemented across Gujarat, Rajasthan, and Madhya Pradesh.
• All required financial advances for the project have been received.
• Commissioning is set to begin in phases starting from FY26.
• The project is the most significant wind order awarded by an IPP to a wind OEM in India.