Solar Company Enters Into an Agreement with KEC for 625 MWp Solar Project O&M

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Solar Company Enters Into an Agreement with KEC for 625 MWp Solar Project O&M

The stock is up by 92 per cent from its 52-week low of Rs 95.65 per share.

Inox Green Energy Services Ltd, India’s leading renewables operations and maintenance (“O&M”) service provider, announced today that the Company has been awarded a LoA from KEC International Ltd. (KEC) to provide O&M services for the 625 MWp Solar project at Bhadla, Rajasthan. With this addition, Inox Green’s solar O&M portfolio crosses 3 GW, taking its total renewable O&M portfolio to > 13 GW, as the company rapidly expands across both solar and wind segments.

On this occasion, Mr SK Mathu Sudhana, CEO of Inox Green, remarked, "We are pleased to have entered into an agreement with KEC International to provide O&M services for one of its largest solar projects located at Bhadla, Rajasthan. At Inox Green, we are expanding our solar O&M portfolio, both organically as well as inorganically by participating in large-scale opportunities across solar, wind and RE infrastructure O&M space. Further, Inox Green also expects to add a large O&M portfolio on the back of the rapid scale-up of Inox Clean’s (Group company) capacities.”

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About the Company

Inox Green Energy Services Limited is one of the major renewable power operations and maintenance (O&M) service providers in India with > 5 GW of renewable assets under management. The company is engaged in the business of providing long-term O&M services for renewable energy projects. Part of the INOXGFL Group and a subsidiary of Inox Wind, with whom it enjoys a synergistic relationship, Inox Green is India’s only listed pure-play renewable O&M services company. It has a strong and diverse portfolio base and an established track record of over a decade. It has reliable cash flows supported by long-term O&M contracts. Its customers include some of the largest IPPs, PSUs, along with various retail customers.

The company has a market cap of over Rs 6,000 crore and as of September 2025, the company’s Order Book stands at Rs 3,200 MW or 3.1 GW.  The stock is up by 92 per cent from its 52-week low of Rs 95.65 per share. The stock’s 52-week high is Rs 279 and its 52-week low is Rs 95.65.

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