Inox Green’s shares jumped 4% in early morning trade following news of a major contract win. As of 9:39 AM, the shares were trading 4.33% higher at Rs 163.00.
The company has secured a significant agreement to provide comprehensive operations and maintenance (O&M) services for 182 MW of wind power projects with one of India’s largest and most diversified conglomerates.
This deal covers multiple wind farms located across Western India, all integrated under Inox Green’s common infrastructure. As part of the agreement, Inox Green will upgrade its O&M services for 82 MW of projects from a limited to a full-service scope. Additionally, the company has renewed comprehensive O&M for another 100 MW well ahead of schedule.
The contract is set to run for the entire remaining lifespan of these wind projects, providing steady long-term revenue visibility for Inox Green. This strategic partnership further strengthens Inox Green’s position in India’s renewable energy space and reflects growing demand for reliable wind power operations.
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