Wind Energy Stock Surges 6% After Bagging India’s Largest IPP Wind Order
🔹 Summary : Inox Wind Limited (IWL) , one of India’s leading wind energy solutions providers, has announced significant progress on the execution of its 990 MW turnkey wind power order , part of a larger 1,500 MW framework agreement with Purvah Green Private Limited , a subsidiary of CESC Ltd. This marks the largest-ever wind order awarded by an Independent Power Producer (IPP) to any wind OEM in India — a major milestone for the renewable energy sector. 📊 Stock Performance Following the project execution update, Inox Wind shares rose by 6.2% , hitting an intraday high of Rs.172.80 . Market Capitalization: Rs.22,079.75 Crore 📄 Key Project Details Client: Purvah Green Private Limited (Subsidiary of CESC Ltd.) Locations: Multiple sites across Gujarat, Rajasthan, and Madhya Pradesh ⚙️ Scope of Work: Turnkey execution of 990 MW wind power capacity out of the total 1,500 MW framework Involves supply, installation, commissioning, and related services ?...