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Inox Wind rises after inking MoU with Inox Clean Energy
Inox Wind (IWL) rose 1.81% to Rs 91.49 after the company announced that it has signed a memorandum of understanding (MoU) with Inox Clean Energy (Inox Clean) for the supply of 1,500 MW of wind turbines.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Inox Wind signs MoU with Inox Clean
To supply 1500 MW of wind turbines
Explained - What led to Suzlon Energy, Inox Wind shares gain up to 7% on Tuesday
Inox Wind announced on Tuesday that it has signed a memorandum of understanding (MoU) with group company Inox Clean Energy for the supply of 1,500 MW of wind turbines, while Suzlon Energy unveiled its new S175-5 MW wind turbine in Karnataka.
Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official
"We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive director of INOXGFL, an umbrella entity that houses varied businesses across industrial chemicals, renewable energy generation, solar and wind equipment manufacturing and operations and maintenance of wind farms.
Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low
More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.