Deals19 Mar 2024, 01:00 pm
Inox Green Energy Services' Subsidiary I-Fox Wins INR 39.5 Crore Contract from NLC India
AI Summary
Inox Green Energy Services Limited's subsidiary I-Fox Windtechnik has received an order from NLC India Ltd. for the restoration of 33 wind turbine generators. The contract's scope includes supplying materials, spares, and other activities, and the revenue realisation is expected to be around INR 39.5 crores during the 8-month contract period.
Key Highlights
- Inox Green Energy Services Ltd's subsidiary I-Fox wins an order from NLC India for the restoration of 33 wind turbine generators.
- The order consists of supplying materials, spares, and executing other activities for the restoration period.
- The revenue realisation is estimated to be approximately INR 39.5 crores.
- This is the second order from NLC India in a year after a comprehensive O&M contract for 51MW wind turbines.
- CEO of IGESL, Mr. SK Mathu Sudhana expressed delight with the progress and growth of the company