Shares of renewable energy major Inox Wind gained 3% to Rs 78 on the BSE on Wednesday after the company announced that it secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore.
Under the contract, Inox Wind will be responsible for the end-to-end execution of the project, including supplying wind turbine generators, engineering, procurement & construction (EPC), and post-commissioning operations and maintenance services. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA).