Inox Green Energy Services Ltd witnessed a 4% jump in morning trade after announcing new operations and maintenance (O&M) contracts for 285 MWp of solar projects. These agreements, signed with two leading renewable energy companies in India, span multiple sites, strengthening Inox Green’s footprint in the solar sector.
With the addition of these contracts, the company’s total solar O&M portfolio now stands at nearly 1 GW—an impressive milestone achieved within just a month of entering the solar space. This swift progress reflects Inox Green’s strategic focus on expanding its clean energy services.
The company aims to continue its growth through a mix of organic expansions and inorganic opportunities such as acquisitions and partnerships. Inox Green’s rapid entry into the solar domain complements its existing strength in the wind energy O&M sector, positioning it as a key integrated player in India’s renewable energy ecosystem.
Inox Green shares opened at ₹149.40 and touched a high of ₹155.11 during the trading session, with the same price as its low. The stock remains significantly below its 52-week high of ₹224.65 but well above its 52-week low of ₹104.00.
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