Inox Wind shares climb 6% on wind power project win

Inox Wind shares rose by almost 6% to reach Rs 151 after receiving a contract from ABEnergia for a 100 MW wind power plant. The order which forms part of ABEnergia’s larger hybrid capacity for its C&I customers will feature the installation of the company’s latest new-generation 3.3 MW wind turbine generators at Dayapar, in the Kutch district of Gujarat. The project is set to be commissioned by 2024, whilst Inox Wind will also provide multi-year operation and maintenance services for the plant under the terms of the agreement.