Inox Wind bags 50 Mw wind power project from TPREL in MP

Energy solutions provider Inox Wind has bagged 50 Mw wind power project order from Tata Power Renewable Energy Ltd (TPREL) in Madhya Pradesh.

The order is TPREL's third project with Inox Wind after two previous orders of 172 Mw. TPREL is a 100-per-cent subsidiary of Tata Power and has 300 Mw of commissioned renewable assets," Inox Wind said in a regulatory filing.

It further said: "As part of the turnkey order, Inox Wind will provide TPREL with end to end solutions from development and construction to commissioning and providing long-term operations and maintenance services."

"The third order from TPREL has reaffirmed Inox Wind's position as the preferred wind energy solutions provider to major IPPs in India. Repeat orders from a well established renewables player like TPREL reinforce trust in Inox's technology, execution capabilities and reliability of services," Inox Wind Chief Executive Officer Kailash Tarachandani said.

The order involves supply and installation of 25 units of Inox Wind's 2-Mw DFIG 100 rotor dia Wind Turbine Generator.

Shares of Inox Wind were trading at Rs 378.25, up 3.02 per cent from previous close on BSE.