Inox Green Share Price Gains 3% on 182 MW Wind Project O&M Deal

Market Performance

On August 12, Inox Green share price rose 3.60% to ₹161.25 on the BSE, marking an increase of ₹5.60 from the previous close.

• 52-week high: ₹224.65 (13 September 2024)
• 52-week low: ₹95.65 (7 April 2025)
• Current level: 28.22% below 52-week high, 68.58% above 52-week low
• Market capitalisation: ₹5,918.15 crore

Main News

Inox Green Energy Services has signed a major agreement with one of India’s largest and most diversified conglomerates for the comprehensive operations and maintenance (O&M) of 182 MW of operational wind projects.

The projects are spread across multiple sites in Western India, connected to common infrastructure owned by Inox Green.

Company Details

The agreement covers:

• 82 MW: Conversion from limited-scope to comprehensive O&M
• 100 MW: Renewal of comprehensive O&M ahead of schedule
• Contract duration: For the entire remaining life of the wind projects

This deal marks a complete return of the customer’s wind fleet to Inox Green’s management, strengthening its position in the wind O&M industry.

Board Meeting Update

The Board of Directors of Inox Green Energy Services will meet on August 14, 2025, to review and approve the Q1 FY25 financial results for the quarter ended June 30, 2025.

Summary

• Inox Green share price surged 3% after signing a 182 MW wind project O&M deal.
• Projects located in Western India with comprehensive service contracts.
• Stock trading well above its 52-week low and below its peak levels.
• Upcoming financial results announcement on August 14, 2025 could provide further updates on the company’s performance.