About Inox Wind Limited

Inox Wind Limited (IWL) is a fully integrated wind energy solutions provider and an INOXGFL Group company incorporated in 2009. It develops wind projects end-to-end—covering project development, manufacturing and execution, and long-term operations and maintenance (O&M). The company manufactures Wind Turbine Generators (WTGs) and delivers turnkey solutions across India, supported by four manufacturing plants and six offices, with no international plants or offices as of March 31, 2025 . Its offerings include 2 MW and 3 MW WTG platforms (the 3 MW platform certified by TÜV SÜD), with an exclusive licence for a 4.X MW platform designed for India’s low-wind regimes and slated for commercial launch in FY 2025–26.

The company’s integrated model spans manufacturing, EPC and O&M, and leverages a strong project site inventory across Gujarat, Rajasthan, Madhya Pradesh and other regions, supported by developed evacuation infrastructure for plug-and-play execution. Inox Wind is part of the broader INOXGFL Group renewable ecosystem, enabling hybrid and solar solutions via subsidiaries; as of FY 2024–25-end, its O&M arm managed approximately 5.1 GW of renewable assets across India. The company executed 705 MW during FY 2024–25 and closed the year with an order book of about 3.2 GW, providing strong visibility for subsequent execution .

Inox Wind Limited Geographies covered and capacity

• India-wide execution, with large project-site inventories in Gujarat, Rajasthan, Madhya Pradesh and other regions.
• National footprint: 4 plants and 6 offices (as of March 31, 2025).

Inox Wind Limited Products and services

• WTGs (commercialised 3 MW platform; licensed 4.X MW platform for India).
• Turnkey EPC, including resource assessment, land acquisition, site infrastructure and evacuation, WTG erection and commissioning, plus long-term O&M.

Inox Wind Limited Subsidiaries

The consolidated group includes subsidiaries across O&M and EPC and multiple project SPVs; the Annual Report’s AOC-1 statement enumerates 33 subsidiaries (including step-down subsidiaries).

Inox Wind Limited Key milestones

• Commissioning of a new nacelle manufacturing facility near Ahmedabad, Gujarat.
• Licence secured for the 4.X MW turbine platform for India, targeting commercial launch in FY 2025–26.
• Record annual execution of 705 MW and an order book of ~3.2 GW by year-end.

Inox Wind Limited Key Management

• Devansh Jain – Whole-time Director
• Manoj Dixit – Whole-time Director
• Kailash Lal Tarachandani – Chief Executive Officer
• Shivam Tandon – Chief Financial Officer
• Deepak Banga – Company Secretary

Latest Updates on Inox Wind Limited

• Manufacturing expansion: A new nacelle manufacturing facility near Ahmedabad commenced operations to strengthen execution capacity.
• Technology: The 4.X MW WTG platform is licensed for India, with commercial launch targeted for FY 2025–26; the 3 MW platform remains the cornerstone offering.
• Execution and pipeline: FY 2024–25 execution was 705 MW; order inflows were ~1.5 GW, taking the order book to ~3.2 GW at year-end.
• Balance sheet actions: Completion of the reverse merger of Inox Wind Energy Ltd. into Inox Wind reduced liabilities by Rs 2,050 crore and resulted in a net cash position; a consortium agreement with banks for ~Rs 2,200 crore (largely non-fund based) was signed.
• Capital raises: IWL raised Rs 1,250 crore via rights issue; subsidiary IGESL raised Rs 1,050 crore via preferential equity and warrants; subsidiary IRSL cumulatively raised Rs 525 crore .
• Subsidiary developments: O&M arm Inox Green expanded to ~5.1 GW and diversified into solar and hybrid O&M; EPC arm IRSL broadened into solar, hybrid RE EPC and crane services.
• Corporate action under process: The Board approved, on November 13, 2024, a proposed demerger of the power evacuation business between IGESL and IRSL; the draft scheme has been filed with NSE and BSE for approvals.