Inox Wind bags 60 MW order from Serentica Renewables for its wind turbines

Inox Wind Limited (IWL) on Wednesday announced that it has bagged a 60 MW order from Serentica Renewables (Serentica). This order, it said in a regulatory filing, is for the supply of 3 MW class turbines to be delivered within H1 CY25. Additionally, IWL will provide multi-year post commissioning operations & maintenance (O&M) services for these WTGs, which will be erected at the hybrid renewable energy project site being developed by Serentica in Karnataka. 

Also ReadDaikin India, Rechi Precision form JV to manufacture AC compressors in India

Inox Wind said that the power generated from this project will be supplied to Serentica’s partners, including the Vedanta Group. This order for IWL opens up large future opportunities to partner with another marquee C&I customer. 

Kailash Tarachandani, Group CEO, Inox Wind, said, “We are extremely pleased to establish our relationship with Serentica with this 60 MW equipment supply order. As India’s commercial & industrial (C&I) players accelerate their transition to green energy, we believe our tailored products and solutions for the wind projects will be one of the important catalysts driving this move. Serentica’s large scale renewable project plans, combined with Inox Wind’s expertise in wind projects, makes a perfect combination to take this mutually beneficial partnership to the next level going ahead.”

Also Read Reliance Power arm bags 930 MW contract from SECI Reliance, L&T Energy, ReNew, Avaada, Waaree bid for green hydrogen sops  Air India to add 100 Airbus planes as part of major expansion plans Waaree Energies to set up 11.4GW solar cell capacity by FY27

Akshay Hiranandani, CEO of Serentica Renewables, said, “At Serentica Renewables, we are committed to enabling the decarbonization of energy-intensive industries through innovative and sustainable solutions. Our collaboration with Inox Wind for this 60 MW wind project in Karnataka marks another significant milestone in our journey to deliver reliable and green energy to our partners, including the Vedanta Group. Together, we aim to accelerate India’s transition to a sustainable energy future while setting new benchmarks in renewable power generation.”

 » Read More

Related Articles

BSNL may post Rs 558-cr profit in FY27

The department of telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of Rs 558 crore. The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services. For FY27, DoT it has projected the company’s

India sticks to stand, no investment treaties with FTAs

Despite the demand from some partners for inclusion of investment protection treaties in the free trade agreements that are under negotiation, India would stick to its stand of signing separate treaties for investments and not making them part of FTAs, a senior official said. India is currently negotiating trade agreements with the UK, European Union

Avaada plans to raise $1 bn to fund green projects

Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

BSNL may post Rs 558-cr profit in FY27

The department of telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of Rs 558 crore. The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services. For FY27, DoT it has projected the company’s

India sticks to stand, no investment treaties with FTAs

Despite the demand from some partners for inclusion of investment protection treaties in the free trade agreements that are under negotiation, India would stick to its stand of signing separate treaties for investments and not making them part of FTAs, a senior official said. India is currently negotiating trade agreements with the UK, European Union

Avaada plans to raise $1 bn to fund green projects

Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)

Rising market, falling brokers

A bull market of more than four years, which has seen 4 million demat accounts being added every month in FY25, has also witnessed around 40% decline in the number of brokers. The numbers speak for themselves: The total number of brokers registered with the stock exchanges for the cash and derivatives segments has dropped

Rising demand drives growth in power T&D sector

By Mahesh Patil The power transmission and distribution (T&D) sector is set for a significant growth, driven by increasing electricity demand and focused renewable energy goals. India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure. However