Inox Wind secures ₹755-crore turnkey project from Indian Oil

Inox Wind Limited (IWL), India’s leading wind energy solutions provider, on Thursday announced that it has secured a 100 MW turnkey order from Indian Oil Corporation Ltd (Indian Oil), India’s largest oil marketing company, worth approximately ₹755 crore. The order will be executed on a turnkey basis and includes post-commissioning operations and maintenance (O&M) services.   

Under the order, Inox Wind—which is a part of the INOXGFL Group led by Vivek Jain and Devansh Jain—will be responsible for the end-to-end execution of the project, including the supply of wind turbine generators, engineering, procurement & construction (EPC), project execution and post-commissioning O&M services.    

The order strengthens Inox Wind’s diversified customer portfolio, which spans commercial & industrial (C&I) customers, public sector undertakings (PSUs) and independent power producers (IPPs).    

Kailash Tarachandani, Group CEO, Renewables business, INOXGFL Group, said, “We are pleased to have secured this 100 MW turnkey order from Indian Oil Corporation Limited, a Maharatna company and India’s largest oil marketing company. This repeat order is a testament to the confidence that leading institutional customers place in our integrated capabilities and execution track record. With our ability to deliver comprehensive solutions across the wind project lifecycle, we remain well positioned to support customers in their transition towards cleaner sources of energy.”   

This order further reinforces Inox Wind’s position as an integrated wind energy solutions provider with capabilities spanning the entire project lifecycle—from turbine supply and project development to EPC and long-term O&M.    

Tarachandani further added, “India’s renewable energy transition is creating significant opportunities for wind power, with large enterprises and public sector organisations increasingly looking for reliable partners who can deliver projects with efficiency and accountability. We are committed to leveraging our technology, manufacturing and execution capabilities to deliver high-quality projects while contributing meaningfully to India’s clean energy ambitions.” 

Inox Wind is a fully integrated player in the wind energy market with five manufacturing plants in Gujarat, Madhya Pradesh, and Himachal Pradesh, where Blades, Tubular Towers, as well as Hubs & Nacelles are manufactured. 

Shares of Inox Wind closed at ₹73.95, up 5.01%, on the BSE, on Thursday.