Adani Enterprises enters Wind Energy Segment by placing 70 MW Wind Turbine Orders with Inox Wind
  • Adani’s Maiden Foray into the Wind Vertical
  • Inox Wind to Install 50 MW in Andhra Pradesh and 20 MW in Madhya Pradesh
  • Multi-Year Operations & Maintenance Contracts

Noida, 12th April 2016: Adani Enterprises, one of India’s leading conglomerates, has marked its entry into the wind energy segment by placing the company’s first orders for wind turbine generators with Inox Wind Limited. Inox Wind, further strengthening its leading position in the Indian wind turbine industry, has inked two contracts for a cumulative capacity of 70 MW with Adani Green Energy Ltd, a wholly owned subsidiary of Adani Enterprises Limited and part of the Adani Group. The orders bagged by Inox Wind represent Adani Group’s maiden foray into the wind energy segment and encompass a 50 MW turnkey project to be set up in Anantapur district in Andhra Pradesh and a 20 MW turnkey project at Inox Wind’s Lahori site in Madhya Pradesh.

As part of the two turnkey orders, Inox Wind will deliver, install, and commission 35 units of Inox Wind’s 100 rotor diameter turbines and has also been contracted to undertake operations and maintenance services of the projects for a multi year period, post commissioning.

Inox Wind provides its clients with end to end solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as post-commissioning support.

“Inox Wind is proud to be working with Adani Group, a global conglomerate and one of the country’s leading business houses. These are the first orders placed by Adani in the wind power space and reaffirm customers’ faith in Inox’s ability to provide world class technological solutions to its clients. We are delighted to partner with Adani in their endeavour to become leaders in renewable power technologies and in our joint commitment towards providing clean and green energy in India.” said Mr. Kailash Tarachandani, Chief Executive Officer of Inox Wind Limited in his statement.

ABOUT INOX WIND:

Inox Wind is India’s leading wind energy solutions provider servicing IPPs, Utilities, PSUs, Corporates and Retail Investors. Inox Wind is a fully integrated player in the wind energy market with three state-of-the-art manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh. The plant near Ahmedabad (Gujarat) manufactures Blades & Tubular Towers while Hubs & Nacelles are manufactured at the company’s facility at Una (Himachal Pradesh). The new integrated manufacturing facility at Barwani (Madhya Pradesh) manufactures blades and will manufacture nacelles, hubs, and towers. The facility at M.P., which will be amongst the largest in the world, will double Inox Wind’s manufacturing capacity to 1,600 MW per annum.

IWL manufactures key components of WTGs in-house to maintain high quality, most advanced technology, reliability and cost competitiveness. IWL has obtained ISO 9001:2008, ISO 14001:2004, OHSAS 18001 and ISO 3834 certifications for its management systems pertaining to manufacturing, installation, commissioning and O&M of wind turbines.

IWL offers complete end to end solutions from concept to commissioning. Besides manufacturing and supply of WTGs, IWL offers services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and long term O&M of wind power projects.

For more information please contact:

Dheeraj Sood
Head – Investor Relations
Inox Group
Phone: 0120- 6149 600
Email- dheeraj.sood@inoxwind.com