Latest news with #InoxGreen
Time of India
12-08-2025
- Business
- Time of India
Inox Green signs O&M deal for 182 MW wind projects
New Delhi: Inox Green Energy on Tuesday said it has signed an agreement with a large diversified Indian conglomerate for the comprehensive operations and maintenance (O&M) of 182 megawatt (MW) of operational wind projects under its renewable energy arm. According to the official press release, the projects are spread across multiple sites in western India and are connected to common infrastructure owned by Inox Green. 'This is a milestone occasion for us as with the signing of the agreement, our entire fleet with this marquee customer is now back in our fold. This showcases the changing dynamics in the wind O&M industry,' said S K Mathu Sudhana, CEO, Inox Green. The agreement covers conversion of limited-scope O&M to comprehensive O&M for 82 MW of wind projects, along with the renewal of comprehensive O&M for another 100 MW, ahead of its scheduled renewal date. The contract will span the remaining operational life of the projects.
Mint
12-08-2025
- Business
- Mint
INOX Green share price jumps after inking 182 MW wind project. Check details
Inox Green Energy share price rose by almost 5% during Tuesday's trading session following the company's signing of a deal with one of India's major conglomerates for the complete operations and maintenance (O&M) of 182 MW of existing wind projects within its renewable energy division. The projects, situated across various locations in Western India, are linked to Inox Green's shared infrastructure. The agreement includes upgrading from limited-scope to full O&M for 82 MW of wind projects, as well as the early renewal of full O&M for an additional 100 MW. The contract will cover the entire remaining lifespan of the project. "We are thrilled to reveal the signing of comprehensive O&M contracts for 182 MW with the renewable division of one of India's largest conglomerates. This represents a significant milestone for us, as the signing brings our complete fleet with this prestigious customer back under our management," stated SK Mathu Sudhana, CEO of Inox Green. "This demonstrates the evolving dynamics within the wind O&M sector and reinforces the confidence that our customers are placing in our enhanced capabilities,' he continued. A board meeting for Inox Green is set for August 14, 2025, to review, approve, and document the unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. Inox Green Energy share price today opened at ₹ 158 apiece on the BSE, the stock touched an intraday high of ₹ 163.40 per share, and an intraday low of ₹ 157.95 per share. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One,Inox Green Energy share prices are showing strong traction in today's session, after holding on to key support levels of 200DSMA since last three sessions, the positive momentum could continue towards 170 with 153 remains a key support. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
News18
12-08-2025
- Business
- News18
Inox Green inks pact for comprehensive O&M of 182 MW of wind projects
Agency: PTI New Delhi, Aug 12 (PTI) Inox Green Energy Services on Tuesday said it has signed a pact with an Indian conglomerate to operate and maintain 182 MW of operational wind projects under its renewable energy arm. The projects are spread across multiple sites in Western India and are plugged to the common infrastructure owned by Inox Green, a company statement said. Inox Green Energy Services Ltd has entered into an agreement with one of the largest and most diversified Indian conglomerates for the comprehensive O&M of 182 MW of operational wind projects under its renewable energy arm, according to the statement. The agreement involves the conversion of limited-scope to comprehensive O&M for 82 MW of wind projects, as well as the early renewal of comprehensive O&M for another 100 MW of wind projects, much ahead of its due renewal. The contract spans the entire balance life of the wind projects. SK Mathu Sudhana, CEO of Inox Green, said, 'This is a milestone occasion for us as with the signing of the agreement, our entire fleet with this marquee customer is now back in our fold." Inox Green Energy Services Ltd is one of the major renewable power operations and maintenance (O&M) service providers in India with > 5 GW of renewable assets under management. The company is engaged in the business of providing long-term O&M services for renewable energy projects. PTI KKS DR DR view comments First Published: August 12, 2025, 13:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
12-08-2025
- Business
- Business Standard
Inox Green Energy gains on bagging long-term O&M deal for 182 MW wind projects
Inox Green Energy Services rose 2.02% to Rs 158.80 after the company announced it had signed a long-term operations and maintenance (O&M) agreement with one of India's largest and most diversified conglomerates. The agreement covers 182 MW of operational wind energy projects housed under the renewable energy arm of the conglomerate. These projects are spread across multiple locations in Western India and are integrated with the common infrastructure owned by Inox Green. The agreement involves the conversion of limited-scope to comprehensive O&M for 82 MW of wind projects, as well as the renewal of comprehensive O&M for another 100 MW of wind projects, much ahead of its due renewal. The contract spans the entire balance life of the wind projects. SK Mathu Sudhana, CEO of Inox Green, remarked, "We are excited to announce the signing of the comprehensive O&M agreements for 182 MW with the renewable arm of one of the largest conglomerates in India. This is a milestone occasion for us as with the signing of the agreement, our entire fleet with this marquee customer is now back in our fold. This showcases the changing dynamics in the wind O&M industry and the reaffirmation of the trust which our customers are showing on our renewed capabilities. Inox Green Energy Services is a subsidiary of Inox Wind and is a part of the INOXGFL Group which principally operates in the speciality chemicals and renewable energy sectors and has historical connections with the wider Inox Group which commenced operations in 1923. The Company is engaged in the business of providing Operation & Maintenance (O&M) services and common infrastructure facilities for Wind Turbine Generators. On a consolidated basis, net profit of Inox Green Energy Services dropped 73.9% to Rs 5.56 crore while net sales rose 30.4% to Rs 68.38 crore in Q4 FY25 over Q4 FY24.
Business Standard
12-08-2025
- Business
- Business Standard
Inox Green receives order for comprehensive O&M of 182 MW wind projects
Inox Green Energy Services announced today that the company has entered into an agreement with one of the largest and most diversified Indian conglomerates for the comprehensive O&M of 182 MW of operational wind projects housed under its renewable energy arm. The projects are located across multiple sites in Western India plugged into the common infrastructure owned by Inox Green. The agreement involves the conversion of limited-scope to comprehensive O&M for 82 MW of wind projects, as well as the renewal of comprehensive O&M for another 100 MW of wind projects, much ahead of its due renewal. The contract spans the entire balance life of the wind projects.
