Inox Green Energy Services’ subsidiary I-Fox Windtechnik receives order from NLC India for the restoration of 33 WTGs

Inox Green Energy Services Ltd (IGESL), a wind power operations and maintenance (O&M) service provider, on Tuesday announced that its subsidiary I-Fox Windtechnik India Private Limited (I-Fox) has won an order from NLC India Ltd (NLCIL), a Navratna PSU of Govt of India.

The order is for the restoration of 33 wind turbine generators (each 1.5 MW) of NLCIL’s wind power plant located in Tenkasi District in the state of Tamil Nadu.

The scope of the contract, the company said, comprises supplies of materials/spares and other activities for the restoration of the 33 WTGs within a period of 8 months, with a revenue realisation of ~ Rs 39.5 crore (inclusive of taxes) during the contract period.

SK Mathu Sudhana, CEO of IGESL, said, “We are delighted to receive another order from NLC India, a Navratna PSU, after securing the contract for comprehensive O&M of 51MW WTGs for 5 years during the last year. This order demonstrates the faith which our clients have shown in our diversified service offerings and is a testament to the capabilities which we have built over the years. This is another important landmark in the growth journey of IGESL as well as of our subsidiary I-Fox Wind, and we are progressing well on our targets on all fronts.”

Inox Green Energy Services is a wind power operations and maintenance (O&M) service provider within India with a fleet size of >3.2 GW. The company is engaged in the business of providing long-term O&M services for wind projects. It is a subsidiary of Inox Wind Limited with whom it enjoys a synergistic relationship and is a part of the INOXGFL Group.

Earlier in October, IGESL) had signed a term sheet for divestment of 100 per cent stake in Nani Virani Wind Energy Private Limited SPV. The SPV, which is a 50 MW operational wind farm located in Gujarat, was commissioned in May’23, it had stated.