Inox Wind gets 200 MW project from NTPC arm in Gujarat 
Latest News

Inox Wind gets 200 MW project from NTPC arm in Gujarat

Inox Wind on Thursday said it has received a 200 MW wind power project from NTPC Renewable Energy Ltd (NREL) in Gujarat

PSU Watch Bureau

New Delhi: Inox Wind on Thursday said it has received a 200 MW wind power project from NTPC Renewable Energy Ltd in Gujarat. The green energy project, which is scheduled to be commissioned by January 2024, will be executed on a turnkey basis at Dayapar site in Kutch district of the state, Inox Wind said in a statement.

NTPC Renewable Energy is a wholly-owned subsidiary of NTPC Limited.

Kailash Tarachandani, CEO of Inox Wind, said this is the second project awarded by NTPC in the recent past. The company had received a 150 MW order last year.

It did not disclose the value of the latest order.

According to the statement, Inox Wind had also successfully executed a 50 MW turnkey wind project for NTPC in Gujarat a few years ago.

As part of the latest order, Inox Wind will supply and install wind turbine generators. It will also provide comprehensive operation and maintenance (O & M) for the project, it said.

As per industry estimates, Rs 5-5.5 crore is required to set up 1 MW of green energy capacity (solar or wind).

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

ACC approves extension of additional charge as CMD of MTNL to A Robert J Ravi

NTPC Green Energy signs MoU with BSPGCL for renewable energy and battery storage projects

N.B.S. Rajput (IAS) appointed as Principal Secretary of Public Enterprises Department, Odisha

BPCL weighs legal options as Rs 1-crore environmental fine lingers for over a year

Free trade pact opens up $122 bn British Govt's procurement market for Indian compaines: Commerce Secretary