Reading Time: 1 minutes
Inox Wind Limited (IWL), a leading provider of wind energy solutions in India, has inked a binding framework agreement with CESC Limited. Under this agreement, Inox Wind will oversee the installation or supply of 1,500 MW of wind capacity over the next 3-4 years. The agreement is for IWL’s latest DF/3000/145 Wind Turbine Generators (WTGs), each having a minimum capacity of 3.3 MW. The agreement involves end-to-end turnkey execution for 1,000 MW and equipment supply and limited scope EPC for the remaining 500 MW. IWL’s subsidiary, Inox Green Energy Services Limited (IGESL), will provide multi-year operations and maintenance (O&M) services post-commissioning.
This contract represents the largest single order for a wind project in India by any Wind OEM to date.
Speaking about this development, Mr. Kailash Tarachandani, CEO of Inox Wind, said, “This is a pivotal moment in Inox Wind’s history as we announce today the signing of India’s largest wind project deal for 1,500 MW with CESC. Through this project, Inox Wind aims to provide its wind energy solutions expertise partnering with CESC as it moves ahead to achieve its green ambitions. This agreement is a testament of Inox Wind’s strengths and project delivery capabilities and has been signed at an opportune time as the company strategizes towards delivering gigawatt-plus scale annual execution over the next few years.”
Mr. Sandeep Kashyap, CEO – Renewable Business at RPSG Group, added “CESC’s green ambitions include substantial investments in Renewable Energy and we are delighted to partner with Inox Wind for this ambitious project. CESC along with its subsidiaries is making a huge effort to reduce its carbon footprints and this is a significant stride towards our larger green ambitions, and we aim to utilise the expertise of Inox Wind to achieve our targets.”
