Wind Energy News
Inox Wind shares spike 12.5% on securing 153 MW renewable energy order
Inox Wind shares rose 12.5% to ₹172.27 after securing a 153 MW order from a major renewable energy developer. The project in Tamil Nadu includes the supply of 3 MW turbines and EPC services, positioning Inox Wind for growth in India's expanding wind sector.
2 min read7 Mar 2025Inox Wind Energy Q3 Results: Co posts ₹38.80 crore profit vs YoY loss
Inox Wind Energy Q3 Results: Inox Wind Energy reported a consolidated net profit of ₹38.80 crore for Q3FY25, up from a loss of ₹7.68 crore a year prior. Revenue rose 81% to ₹912.04 crore. CFO Shivam Tandon resigned amid plans to merge with Inox Wind Limited.
1 min read31 Jan 2025Inox Wind share price surges over 9%. THIS product of the company is driving high demand
Inox Wind stock price is soaring--up 9.45 per cent--after securing a 51 MW wind turbine order for a project in Tamil Nadu. Here's why.
2 min read13 Aug 2024Suzlon Energy, Inox Wind shares down up to 30% from 52-week highs; is now a good time to buy?
Suzlon Energy has undergone a remarkable transformation following a challenging decade. Within the past three years, the company has significantly reduced its debt, which stood at ₹120 billion in FY20, primarily through debt-to-equity conversions.
3 min read14 Mar 2024Budget 2024: Green energy sector pitches for GST cut, easier FDI norms. Here is the wishlist
Union Budget 2024: Key expectations include higher capital expenditure in renewable energy, measures to promote indigenous development, reduction of GST rates for hydrogen and electrolyser manufacturing, and a conducive environment for foreign investors.
4 min read12 Jan 2024India plans to achieve 50% non-fossil installed capacity by 2030: PM Modi | Mint Primer | Mint
India aims to achieve 50% non-fossil fuel installed capacity by 2030, according to Prime Minister Narendra Modi's address to G20 Energy Ministers. India has already surpassed its non-fossil installed electric capacity target, achieving milestones like connecting households with LPG and providing electricity to every village. The nation launched extensive LED distribution and agricultural pump solarization programs. It aspires to become a global hub for green hydrogen production and emphasized sustainable energy transition. Modi also highlighted the importance of low-cost finance for developing countries and proposed transnational grid interconnections for energy security. He introduced Mission Life to make individuals climate champions for a greener future.
17 Aug 2023New renewable energy parks plan soon | Mint Primer | Mint
The government plans to introduce a scheme to build renewable energy parks with solar, wind and biomass plants, before an existing scheme for solar parks ends at the close of this fiscal year. Projects in a renewable energy park require fewer approvals, and they provide a focused zone with proper infrastructure, amenities and limited risk.
22 Apr 2023Inox GFL Group raises ₹1,500 crore, pares down debt; Inox Wind Energy stock rallies
The fresh capital has been used to pare down debt substantially across its operating companies. With this, the Group takes a significant step towards achieving zero net debt.
2 min read8 Dec 2022India to blacklist green firms, promoters feigning covid as exit excuse
The govt also plans to censure promoters of such companies, preventing them from taking part in future projects
2 min read1 Sep 2020Centre explores new law to shield global investors
Move comes after Andhra govt’s controversial plan to scrap renewable energy pacts Investors claimed that Andhra Pradesh’s decision could put at risk 5.2GW of solar and wind energy projects
3 min read18 Nov 2019