Green energy stock jumps 4% after receiving order for 1,500 MW wind energyGreen energy stock jumps 4% after receiving order for 1,500 MW wind energy

Introduction:

Leading green energy solutions provider has announced the execution of a 990 MW turnkey order, part of a 1,500 MW agreement with Purvah Green Private Ltd., marking India’s largest wind order awarded by an IPP.

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Share price movement of Inox Wind:

On April 21, 2025, Inox Wind Ltd opened at ₹166.60, up 2.4% from its previous close of ₹162.70. The stock reached a high of ₹172.80 (3.72%)  and a low of ₹166.60. By 11:30 AM, it traded at ₹168.80, a 3.75% increase, with a market cap of ₹22,008.04 crore.

Inox Wind Secures India’s Largest Wind Order:

Inox Wind Limited (IWL) announced that execution is underway for the 990 MW turnkey part of the 1,500 MW framework agreement with Purvah Green Private Ltd, a subsidiary of CESC Ltd., marking India’s largest wind order.

The project, spread across Gujarat, Rajasthan, and Madhya Pradesh, has received all advances, with commissioning expected in phases from FY26 onwards. IWL is working on the execution at multiple locations in these states.

This 1,500 MW agreement is the largest wind order awarded to a wind Original Equipment Manufacturer (OEM) in India by an Independent Power Producer (IPP), highlighting significant industry growth.

Stock performance of Inox Wind for Period of 1 week, 6 months, and 1 year:

Inox Wind Ltd delivered a 7.43% return over the past week, declined by 21.7% over the past six months, and gained 14.5% over the past year.

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Shareholding pattern of Inox Wind:

Particulars	Mar 2025	Dec 2024	Sep 2024
Promoter	48.30%	48.30%	48.30%
FII	15.70%	15.30%	15.80%
DII	9.40%	9.80%	9.30%
Public	26.60%	26.70%	26.70%

About Inox Wind:

Inox Wind Limited (NSE: INOXWIND) is India’s leading wind energy solutions provider, offering end-to-end services in manufacturing, installation, commissioning, and O&M. It is part of the INOXGFL Group with a strong focus on renewable energy.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.