Noida, 12th October 2015:Inox Wind Limited, India’s leading wind energy solutions provider, has bagged an order for a 50 MW wind power project at Lahori, in the state of Madhya Pradesh from Tata Power Renewable Energy Limited (TPREL). The order is TPREL’s third project with Inox Wind after two previous orders of 172 MW. TPREL is a 100% subsidiary of Tata Power and has ~300 MW of commissioned renewable assets. Tata Power, including TPREL’s capacities, has a commissioned capacity of 600+ MW of Wind and Solar assets.
As part of the turnkey order, Inox Wind will provide TPREL with end to end solutions from development and construction to commissioning and providing long term operations and maintenance services. The order involves supply and installation of 25 units of Inox Wind’s pioneering 2MW DFIG 100 rotor dia Wind Turbine Generator, which has one of the highest swept areas in its class. Inox Wind’s 2MW 100 rotor dia WTGs have recently been improved and recertified by TUV SUD to have a higher annual energy production of 21% compared to Inox’s WT 93 product. The turbines are designed to harness incremental energy at lower cost and are ideally suited for low wind areas.
With one of the largest project site inventories across wind rich states in India, Inox Wind has a ready pipeline of projects which the company is developing as part of its turnkey solutions for clients. The company offers its clients an array of services 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.
“The third order from TPREL has reaffirmed Inox Wind’s position as the preferred wind energy solutions provider to major IPPs in India. Repeat orders from a well established renewables player like TPREL reinforce trust in Inox’s technology, execution capabilities and reliability of services. TPREL is one of our most valued customers and we are very happy to partner with TPREL in growing their wind energy portfolio in India.” said Mr. Kailash Tarachandani, Chief Executive Officer of Inox Wind Limited in his statement.
“The 50 MW Lahori project is TPREL’s third project with Inox Wind and its first in Madhya Pradesh. We are confident that Inox will again deliver the project safely, timely and of top notch quality. We look forward to building a long and fruitful relationship with Inox on the strong foundation of the previous successful projects in Gujarat and Rajasthan.” Rahul Shah, Chief Executive Officer of TPREL said 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 state-of-the-art manufacturing plants near Ahmedabad (Gujarat) for Blades & Tubular Towers and at Una (Himachal Pradesh) for Hubs & Nacelles. An upcoming integrated manufacturing facility at M.P., which will be amongst the largest in the world, will manufacture nacelles, hubs, blades, towers and 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:
Head – Investor Relations
Phone: 0120- 6149 600