Shares of Inox Wind Ltd were trading flat on 16 December despite the company announcing the securing of a repeat 100 megawatt (MW) order from Jakson Green.  

The deal is for the procurement of 3.3 MW Inox Wind turbines for Jakson Green’s Gujarat projects. Inox Wind will also provide limited scope engineering, procurement, and construction (EPC) for the project, as well as multi-year operations and maintenance (O&M) services when the turbines are commissioned, the company stated.

Inox Wind noted that it has just received a 100-MW order from the same customer.

With the new deal, the company’s overall order inflow for fiscal year 2026 is 600 MW, with an additional 2.5 gigawatt (GW) of framework agreements to be signed over the next three years.  Large annual orders from Inox Clean increase order inflow visibility, it noted.

“Our relationships with new customers start with smaller orders, maturing into repetitive large orders,” Sanjeev Agarwal, the CEO of Inox Wind, said.

On Monday, 15 December, the business received a 102.3 MW order from Aditya Birla Renewables’ affiliate ABREL EPC Ltd.

Aditya Birla Renewables has placed its first order for 3.3 MW turbines for projects being developed by ABREL EPC Ltd. in Karnataka.

Last month, InoxGFL Group’s executive director, Devansh Jain, stated that the company is sticking to Inox Wind’s performance guidance of 1,200 MW for the year and its margin forecast of 18%-19%, despite the second quarter margin exceeding 20%.

At 12:25 pm, the shares of Inox Wind were trading 0.07% lower at Rs 125.90 on NSE. 

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