Sunday, August 7, 2022

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 in Gujarat

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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).

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