Leading wind energy solutions provider Inox Wind has bagged a 150 MW project from NTPC Renewable Energy, a wholly subsidiary of NTPC Green Energy the renewable energy arm of NTPC the company stated as per reports. To be executed in Gujarat, the order includes supply and installation of existing and new technology, and operation and maintenance (O&M) services for the project. The latest order takes Inox Wind’s total awards from NTPC to 550 MW.
Inox Wind CEO Kailash Tarachandani in a statement said they “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. 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. Inox Wind is a fully integrated player in the wind energy market with three manufacturing plants in Gujarat and Madhya Pradesh (blades and tubular towers), and Himachal Pradesh (hubs and nacelles). It manufactures key components of wind turbine generators (WTGs) with a manufacturing capacity of 1,600 MW per annum.