inox-wind

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Inox Green Allots 2.76 Million Equity Shares to Non-Promoter Warrant Holders

The board of directors at Inox Green Energy Services (INOX Green), a wind power operations and maintenance service provider, has allotted 2.76 million equity shares with...

October 8, 2024

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Tina Freese

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Finance and M&A

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Wind
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Funding and M&A Roundup: Return Acquires Stake in J&P Batterie Projekte

From: Mercom Capital Group Return, an energy transition investment and development platform, has acquired a majority stake in J&P Batterie Projekte, an energy...

September 25, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Rooftop Solar with Battery Storage Eligible for CFA

The Ministry of New and Renewable Energy has clarified that residential rooftop solar installations with battery storage are also eligible for Central Financial...

September 24, 2024

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Mercom Staff

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Daily Wrap-up
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Inox Wind Secures ₹22 Billion Financing from ICICI Bank-led Consortium

Inox Wind Energy has signed an agreement with a consortium of banks led by ICICI Bank for a financing facility of ₹22 billion (~$263.54 million). The consortium...

September 23, 2024

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Staff

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Finance and M&A

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Wind
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Inox Group’s Renewables Platform Secures ₹3 Billion Equity Investment

IGREL Renewables, a renewable power generation platform of the INOXGFL Group, has raised ₹3 billion (~$35.8 million) in equity capital from prominent investors. The...

September 18, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Inox Wind’s EPC Arm Resco Raises ₹3.5 Billion via Equity Sale

Resco Global Wind Services, the engineering, procurement, and construction (EPC) arm of Inox Wind, has raised ₹3.5 billion (~$41.68 million) through an equity investment...

September 12, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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Inox’s EPC Subsidiary Resco to Raise ₹3.5 Billion via Sale of Shares

Inox Wind (IWL) has announced that the board of its subsidiary Resco Global Wind Services (Resco Global), an engineering, procurement, and construction (EPC) solutions...

September 2, 2024

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Tina Freese

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Wind
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Daily News Wrap-Up: Rajasthan First State with 50% Solar in Power Mix

Rajasthan has become the first state in India to achieve more than 50% solar in its total installed power capacity, according to Mercom’s India Solar Project Tracker....

August 16, 2024

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Mercom Staff

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Daily Wrap-up
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Inox Wind Swings to Profit in Q1 FY 2025, Posts Record Revenue

Inox Wind, a provider of wind energy solutions, has reported revenue of ₹6.51 billion (~$77.5 million) in the first quarter (Q1) of the financial year (FY) 2025, an 84....

August 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Wind
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Daily News Wrap-Up: SECI Invites Bids to Set up 1.2 GW Solar Projects

Solar Energy Corporation of India has invited bids to set up 1.2 GW of interstate transmission system-connected solar photovoltaic projects across India under Tranche...

May 30, 2024

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Staff

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Daily Wrap-up
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Inox Wind Raises ₹9 Billion by Selling Equity Shares to Reduce Debt

Inox Wind Energy (IWEL), the promoter of Inox Wind, has raised around ₹9 billion (~$108.05 million) through the sale of equity shares of Inox Wind via block deals on the...

May 29, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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Inox Wind Maintains Growth Momentum, Records 190% Surge in Q4 Revenue

Wind energy solutions provider Inox Wind reported a profit after tax of ₹376.7 million (~$4.51 million) for the fourth quarter (Q4) of the financial year (FY) 2024 from...

May 7, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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Inox Wind Raises ₹8 Billion by Selling Equity Shares to Pare Down Debt

Wind energy solutions company Inox Wind (IWEL) has raised around ₹8 billion (~ $96.93 million) by selling its equity shares, advancing towards achieving a debt-free...

November 2, 2023

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Staff

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Market & Policy

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Wind
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Daily News Wrap-Up: Rajasthan Unveils New Renewable Energy Policy

Rajasthan has unveiled its Renewable Energy Policy 2023, aiming to establish 90 GW of renewable energy projects by the financial year 2029-30. Solar projects will...

October 11, 2023

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Mercom Staff

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Daily Wrap-up
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Inox Green Energy Bags O&M Contract for NLC’s 51 MW Wind Project Portfolio

Inox Green Energy Services (IGESL) has announced that its subsidiary, I-Fox Windtechnik India, has secured an operations & maintenance (O&M) contract for 51 MW...

August 22, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind

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