Inox Wind Signs MoU with Inox Clean for Supply of 1,500 MW of Wind Turbines

Inox Wind Signs MoU with Inox Clean for Supply of 1,500 MW of Wind Turbines​

Noida, June 16, 2026: Inox Wind Limited (IWL), recognized as India's leading wind energy solutions provider, announced that it has signed an Memorandum of Understanding (MoU) with Inox Clean Energy. The MoU commits IWL to supply 1,500 MW of its advanced 3.3 MW and 4X MW wind turbines to Inox Clean for renewable energy projects being developed across India.

This strategic agreement reinforces the 'One Integrated' renewable strategy of INOXGFL Group entities. By securing large orders from Group companies like Inox Clean, IWL aims to achieve stable growth and insulate its business from market cycles. The integrated strategy combines the strengths of various INOXGFL businesses—including Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services, and Inox Wind—to create a scalable renewable energy ecosystem.

Boost to Order Book and Growth Visibility

The MoU provides multi-year revenue visibility for Inox Wind as Inox Clean accelerates its renewable expansion. Mr. Sanjeev Agarwal, CEO of Inox Wind Ltd., stated that the partnership with Inox Clean is instrumental in accelerating India's energy transition. He added that IWL has a robust order book of 3.1 GW, and with this new MoU, the company's order book crosses 4.5 GW, providing coverage for the next few years.

In parallel, Mr. Bharat Saxena, CEO of Inox Clean Energy, highlighted that the MoU is a significant milestone in executing the Group’s 'One Integrated' strategy. As Inox Clean targets a renewable energy portfolio of 14 GW by FY29, gaining access to world-class wind manufacturing and execution capabilities from Inox Wind offers a distinct competitive advantage, enabling faster project execution and improved capital efficiency.

Company Profiles and Capabilities

Inox Wind Limited is a fully integrated player in the wind energy market, offering end-to-end solutions from concept to commissioning to O&M. The company operates five state-of-the-art manufacturing plants located across Gujarat, Madhya Pradesh, and Himachal Pradesh. These facilities manufacture key components including Blades, Tubular Towers, Hubs, and Nacelles. IWL's current manufacturing capacity stands at approximately 2.5 GW per annum, utilizing its advanced 3 MW series WTG offering.

Inox Clean Energy, the integrated renewable energy platform of INOXGFL Group, operates through subsidiary Inox Neo (focused on IPP business) and Inox Solar Limited (focused on solar manufacturing). This rapid expansion has allowed Inox Clean to achieve an operational portfolio of approximately 3.5 GW within its first two years and plans to add over 3 GW annually, targeting 14 GW by FY29.

The INOXGFL Group itself is a multi-billion-dollar conglomerate with a legacy spanning over nine decades, operating across chemicals and renewables in more than 75 countries.

INOXWIND Stock Price Movement​

As trading progresses toward 12:32 PM, shares of Inox Wind Limited continue climbing, currently hitting ₹90.31 after posting a robust 0.49% gain. The stock has seen considerable market engagement during this live session, with over 17.05 million shares changing hands in trade.