Inox Green Share Price Surges 7% After INOXGFL Acquires Wind World India Assets via NCLT

Acquisition Structure of the Transaction

The acquisition has been strategically divided between two key group subsidiaries, Inox Clean Energy Limited and Inox Green Energy Services Limited, enabling operational and financial specialisation.

IPP Portfolio Acquisition by Inox Clean

Through its subsidiary Inox Neo Energies, Inox Clean Energy Limited will acquire Wind World India’s 600 MW operational IPP portfolio. The portfolio comprises operational wind farms located across seven major wind-rich states: Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh, and Andhra Pradesh.

The addition of operating assets provides immediate generation capacity and strengthens recurring revenue streams while supporting the company’s medium-term growth roadmap.

O&M Business Acquisition by Inox Green

Inox Green Energy Services Limited will acquire Wind World India’s 4.5 GW Operations & Maintenance business. The deal brings a large and diversified client base, including Tata Group, ReNew, Greenko Group, Apraava Energy, and Hindustan Zinc.

Scale Expansion and Market Position

Following the acquisition, Inox Green’s assets under management will rise to approximately 13.3 GWp, significantly advancing its ambition to become the largest renewable O&M services company in India.

For Inox Clean Energy, the operational wind portfolio establishes a foundation to achieve its medium-term goals of 10 GW installed IPP capacity and 11 GW integrated solar manufacturing capacity by FY28.

About the Companies

Inox Green Energy Services Limited, a subsidiary of Inox Wind Limited, is India’s only listed pure-play renewable O&M services company and maintains operational synergies within the broader INOXGFL ecosystem.

Inox Clean Energy Limited serves as the group’s integrated renewable IPP and solar manufacturing platform, pursuing both greenfield development and inorganic expansion opportunities.

The INOXGFL Group itself is a multi-billion-dollar Indian conglomerate with a 90-year legacy and presence in over 75 countries, with listed entities including Gujarat Fluorochemicals Limited and Inox Wind Limited.

The Significance of Acquisition

The acquisition combines operating renewable assets with long-term service contracts, enhancing predictable cash flows while accelerating scale. By simultaneously expanding generation capacity and maintenance services, the INOXGFL Group strengthens its vertically integrated renewable energy model and positions itself for sustained growth in India’s rapidly expanding clean energy market.

Inox Green Share Price Jumped over 7% on Thursday

On Thursday, Inox Green share price jumped over 7% to hit an intraday high as INOXGFL Group to acquire Wind World India’s Renewable Assets via NCLT resolution. As of 11:41 am, the stock price was trading at ₹181.51 per share, up by 3.71%. In the last 12-month period, the stock price has given 38.53% returns, while in the last 3 years it has surged nearly 318%