The company jumped more than 6 percent in Intrade trade on BSE on Monday, 21 April, gave an update about the single largest wind order already received by the company. Inox wind opened at the price of shares 166.60 against its previous shutdown 6.21 percent jumped up to 162.70 and levels of 162.70 172.80. Around 10:35 pm, Stock did 4.12 percent more trading 169.40.
Inox Wind: Update on 1,500 MW framework agreement with Purvah Green Private Limited
Through an exchange filing on Monday, 21 April, Inox Wind said that 990 MW of the 1,500 MW framework agreement is in full swing at many places in the states of Gujarat, Rajasthan and Madhya Pradesh.
India’s leading wind power solution provider further stated that it has received all the advances related to these projects, and is expected to commission in stages from FY 26.
“This order by Purva Green Private Limited, a subsidiary of CESC Ltd., is the greatest wind order honored by the IPP (independent power manufacturer) to any wind OEM (original equipment manufacturer) in India,” said the INOX Wind.
“We are happy to declare that we are now executing the entire 990 MW of the Turns Project for Purva in many places. We will start the project commission in a phased manner starting from FY 26.
Inox wind share price trend
Stock has increased by 18 percent compared to last year, at a 52 -week low High level of 124.35 and 52-week on 5 June 262.10 on 23 September last year.
On the monthly scale, the stock increased by 4 percent this month following an 8 percent gain in March.
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