Asian Paints
2750 10.70
Cipla
1374.4 -6.90
Eicher Motors
7580 -44.50
Nestle India
1393.2 18.50
Grasim Inds
3150.7 -13.80
Hindalco Inds.
978.2 -35.70
Hind. Unilever
2193 36.90
ITC
291.05 3.15
Trent
2896.8 -4.30
Larsen & Toubro
4197.8 28.00
M & M
3148 13.70
Reliance Industries
1330.9 23.90
Tata Consumer
1132.7 32.30
Tata Motors PVeh
392.35 -4.05
Tata Steel
195.16 -2.12
Wipro
182.45 1.07
Apollo Hospitals
8393 -75.50
Dr Reddy's Labs
1273.7 -5.80
Titan Company
4336.9 53.40
SBI
1011.3 -9.55
Shriram Finance
1002.95 2.30
Bharat Electron
408 -1.55
Kotak Mah. Bank
407.6 1.85
Infosys
1141.5 6.60
Bajaj Finance
958.65 16.35
Adani Enterp.
2955.4 12.90
Sun Pharma.Inds.
1802.1 -3.90
JSW Steel
1276.4 -20.10
HDFC Bank
786.05 8.70
TCS
2189.5 27.50
ICICI Bank
1330.2 2.60
Power Grid Corpn
285.45 -0.25
Maruti Suzuki
13715 -90.00
Axis Bank
1366.9 -1.40
HCL Technologies
1147.4 28.10
O N G C
247.7 4.05
NTPC
353.8 5.70
Coal India
451.55 7.50
Bharti Airtel
1850.2 9.00
Tech Mahindra
1436.4 10.80
Jio Financial
240.8 1.28
Adani Ports
1823.8 19.00
HDFC Life Insur.
574.75 -6.45
SBI Life Insuran
1775.5 16.00
Max Healthcare
1018.7 -10.20
UltraTech Cem.
11410 -56.00
Bajaj Auto
9952 9.00
Bajaj Finserv
1781.2 31.00
Interglobe Aviat
4845 -35.40
Eternal
252.6 0.60
Inox Wind has signed an MoU with Inox Clean Energy (Inox Clean) to supply 1,500 MW of wind turbines.
The MoU is to supply Inox Clean with IWL's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India.
This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles.
The MoU follows the Group's recently launched transformative 'One Integrated' renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services.
The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and Inox Wind to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility.
As part of this strategy, Inox Clean'the Group's renewable IPP and solar cell & module manufacturing business'is rapidly emerging as one of the leading renewable platforms globally. The company has become one of the fastest renewable energy companies to achieve an operational portfolio of approximately 3.5 GW within the first two years of operations and plans to add over 3 GW of renewable capacity annually going forward. Inox Clean is targeting an operational renewable portfolio of 14 GW by FY29. Approximately 20%-30% of these annual additions are expected to be wind, translating into multi-year recurring order visibility for Inox Wind and creating a strong foundation for sustained growth.