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INOX WIND - BREEZY BUT TURBULENT TOO

Dalal Street Investment Journal

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June 19, 2023

In the current scenario, the market appears to be allocating a premium value to companies engaged in the production of clean energy, which is why Inox Wind has also attracted fair bit of attention among investors. It has been up by 30 per cent in the last one month. This may be due to the orders the company has received, sparking optimism among investors. However, there is also news that the company’s wind turbines may be blacklisted

INOX WIND - BREEZY BUT TURBULENT TOO

Inox Wind is a part of the Inox Group, which operates in a number of businesses, including renewable energy, specialty chemicals, fluoropolymers, gases and wind turbines. The company provides wind energy solutions in India, offering services to IPPs, utilities, PSUs, businesses and retail investors. Three cutting-edge manufacturing plants located in Gujarat, Himachal Pradesh and Madhya Pradesh makes the company a fully integrated player in the wind energy sector. It manufactures all the vital components of the wind turbine generator (WTG) to guarantee quality based on cutting-edge technology, performance reliability and cost-effectiveness. While hubs and nacelles are manufactured in its plant in Himachal Pradesh, blades and tubular towers are produced at the plants in Gujarat and Madhya Pradesh. The company operates on two business models including turnkey solution model and equipment supply model. It also offers comprehensive solutions such as wind studies, energy evaluations, land acquisitions, site development, power evacuation, regulatory approvals and supply of wind turbine generators, erection and commissioning along with long-term operation and maintenance of the wind farms. In short, it has a strong presence in all the segments of wind energy production and distribution.

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