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Inox Wind bags orders for 40MW projects from Gujarat’s Malpani Group
Indian wind energy service provider, Inox Wind said on Thursday that the company has bagged two repeat orders for two 20 MW projects from Malpani Group in Gujarat.
“Inox Wind Limitedbags repeat orders from M/s. D. J. Malpani for two wind power projects of 20 MW each in the state of Gujarat,” the company said in a release.
The orders involve supply and installation of 20 units of Inox Wind's latest offering, the 113 meter rotor dia Wind Turbine Generator.
The company said that the two orders will be executed on turnkey basis and are expected to be commissioned by March 2017.
“We are pleased to partner with Malpani Group again in our joint commitment to provide a cleaner and greener environment. The order has further boosted Inox's strong order book with major corporate clients in India,” Kailash Tarachandani, Chief Executive Officer of Inox Wind Limited said.
Shares of the company were trading up 1.73% at Rs 228.90 per share in pre-open trade on BSE Sensex today.
(For current market prices click here)
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