3108-MW order book: Wind Energy Company Secures 102.3 MW Order from Aditya Birla Renewables Arm

Inox Wind Limited (IWL) shares rose nearly 0.8 per cent on Monday after the company announced a landmark 102.3 MW wind power order from ABREL EPC Ltd., a subsidiary of Aditya Birla Renewables Limited (ABReL). The stock initially slipped over 1 per cent after opening but later recovered from the day’s low to trade in the green.

This order marks the first partnership between Inox Wind and Aditya Birla Renewables. Under the agreement, Inox Wind will supply its 3.3 MW wind turbine generators for projects being developed by ABREL EPC Ltd. in Karnataka, strengthening IWL’s presence in large-scale renewable energy projects.

Commenting on the development, Sanjeev Agarwal, CEO of Inox Wind Ltd., said the company is pleased to partner with a marquee renewable energy developer like ABReL. He highlighted that Aditya Birla Renewables has ambitious plans to deliver long-term clean energy solutions and that Inox Wind is proud to support India’s energy transition, decarbonisation, and sustainability goals. He also noted that new and repeat orders reflect the strength of IWL’s product and service offerings and are expected to drive strong growth ahead.

Inox Wind also reported its strongest-ever financial and operational performance in Q2FY26. During the quarter, revenue surged 56 per cent year-on-year, EBITDA increased 48 per cent year-on-year, and profit before Tax rose to Rs 169 crore, up 93 per cent year-on-year. Profit after tax grew 43 per cent year-on-year, although it was impacted by a deferred tax charge of Rs 43 crore, which is a non-cash accounting adjustment.

Inox Wind Limited is a fully integrated wind energy solutions provider serving independent power producers, utilities, PSUs, and corporate investors. The company is part of the multi-billion-dollar INOXGFL Group, which has a legacy of over nine decades with a focus on chemicals and renewable energy.

The company operates five advanced manufacturing facilities across Gujarat, Himachal Pradesh, and Madhya Pradesh, producing key components such as blades, tubular towers, hubs, and nacelles. With its latest 3 MW series wind turbine generator platform, Inox Wind’s total manufacturing capacity stands at around 2.5 GW per annum.

Beyond manufacturing, Inox Wind offers end-to-end wind energy solutions, including EPC services and long-term operations and maintenance. Its subsidiary, Inox Green Energy Services Ltd., is India’s only listed pure-play renewable O&M services company and manages a portfolio of around 13 GW of assets, including investments.

As of 10:26 am, Inox Wind shares were trading at Rs 125.65 apiece, up 0.79 per cent. Despite the Intraday recovery, the stock has declined 15.17 per cent over the past month and is down 36.50 per cent so far this year.

Disclaimer: The article is for informational purposes only and not investment advice.