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| Company type | Public |
|---|---|
|
BSE:
539083 NSE: INOXWIND | |
| Industry | Wind power |
| Founded | 2009 [1] |
| Headquarters | Inox Towers, Noida Uttar Pradesh, India |
Key people | Devansh Jain (Director) [2] |
| Products | Turnkey solutions for wind power |
| ₹452 crore (US$57 million) (2016) [3] | |
| Website | http://www.inoxwind.com |
INOX Wind Limited is an Indian wind energy service provider, headquartered in Noida, India, and a subsidiary of the INOX Group. [4] [5] INOX Wind Limited manufactures Wind Turbine Generators (WTGs) and provides services such as wind resource assessment, site acquisition, infrastructural development, erection and commissioning, a long term operations and maintenance of wind power projects. [6] The company was ranked 167th in Business Today's 2015 list of the 500 most valuable companies in India. [5]
INOX Wind Limited is a publicly traded company listed on the National Stock Exchange of India (NSE:INOXWIND) and the Bombay Stock Exchange (BSE:539083).
INOX Group
INOX Wind Limited is a subsidiary of the diversified INOX Group of Companies, which is involved in various sectors including industrial gases, refrigerants, engineering plastics, chemicals, carbon credits, cryogenic engineering, renewable energy, and entertainment. The INOX Group employs nearly 9,000 individuals and operates a wide network of distributors across more than 50 countries. Other subsidiaries include INOX Air Products Limited, Gujarat Fluorochemicals Limited, INOX India Limited, INOX Renewables Limited, and INOX Leisure Limited. [7]
Manufacturing Facilities
INOX Wind Limited has three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh. The plant near Ahmedabad (Gujarat) manufactures Blades & Tubular Towers while Hubs & Nacelles are manufactured at the company’s facility at Una (Himachal Pradesh). The new integrated manufacturing facility at Barwani (Madhya Pradesh) manufactures blades, towers and will manufacture nacelles and hubs. The facility in Madhya Pradesh has doubled the company's manufacturing capacity to 1,600 MW per annum.[ citation needed]
Technology Partner
INOX Wind has sourced technology from AMSC, Austria, an independent subsidiary of USA-based American Superconductor Corporation. INOX Wind has an exclusive and perpetual licence from AMSC to manufacture 2 MW wind turbines in India. [8] AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy. [7]
Products
INOX Wind's flagship product is the 2 MW DFIG (Double Fed Induction Generator). The company currently manufactures three variants of the 2 MW WTG- the 93.3 meter rotor diameter, the 100 meter rotor diameter, and the 113 meter rotor diameter.[ citation needed]
References
- ^ "data" (PDF). www.sebi.gov.in. Retrieved 6 May 2021.
- ^ "Devansh Jain: Flying With The Wind | Forbes India". Forbes India.
- ^ "Annual report" (PDF). www.inoxwind.com. 2015. Retrieved 6 May 2021.
- ^ "Inox: The Wind Beneath Its Wings | Forbes India". Forbes India.
- ^ a b "Inox Wind is moving ahead by govt's renewable energy goals". www.businesstoday.in.
-
^
"Archived copy" (PDF). Archived from
the original (PDF) on 27 January 2016. Retrieved 22 January 2016.
{{ cite web}}: CS1 maint: archived copy as title ( link) - ^ a b "AMSC Announces $210M Strategic Agreements with Inox Wind Limited (NASDAQ:AMSC)". Archived from the original on 26 January 2016. Retrieved 21 January 2016.
- ^ Jauhari, Ujjval (17 March 2015). "Inox Wind: Strong business outlook" – via Business Standard.