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Inox Wind bags 250 MW project in Gujarat

Inox Wind, wind turbine maker, has received a 250 MW project in the SECI-II auction.

In a BSE filing Inox Wind said,”The company has won 250 MW in the SECI-II auction representing a 25 per cent market share. The bid was won at a fixed price of Rs 2.65/unit for 25 years.”

Further it stated,”This win is on back of the 300 MW order win from the SECI-I auction held earlier in the year. This win enhances our auction based order book to 550 MW.”

The company will be developing the SECI-II project in Kutch region in Gujarat.

Read EquityPandit’s Technical Analysis on Nifty Energy

 

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