Inox Wind Ltd. announced on Wednesday, July 29, 2026, that it has secured a significant repeat order from NLC India Ltd. for a 200 MW wind energy project. This substantial turnkey contract is valued at approximately Rs 1,600 crore and led to a notable surge in Inox Wind's share price.
Project Details and Scope
The new order mandates Inox Wind to undertake the entire project on a turnkey basis. This comprehensive responsibility includes the supply of state-of-the-art wind turbine generators, complete engineering, procurement, and construction (EPC) services, as well as crucial post-commissioning operations and maintenance (O&M) services.
The project is slated for commissioning within 24 months from the date the Letter of Award (LoA) was issued. This timeline underscores the company's commitment to timely delivery of large-scale renewable energy infrastructure.
Market Reaction and Company Outlook
Following the announcement, Inox Wind's shares demonstrated a strong performance, advancing 2.37 per cent to open at Rs 77.73 on the BSE. NLC India's shares also saw a positive movement, rising 0.52 per cent to Rs 300.65 apiece.
This latest contract significantly bolsters Inox Wind's order book, which now stands at an impressive 4.7 GW. The company highlighted its diversified customer portfolio, encompassing commercial & industrial (C&I) clients, public sector undertakings (PSUs) like NLC India, and independent power producers (IPPs).
"We are delighted to have secured this repeat order of 200 MW turnkey order from NLC India Limited, one of India's leading public sector enterprises in the power sector," stated Sanjeev Agarwal, CEO of Inox Wind. "This order is a strong validation of our integrated turnkey capabilities, execution expertise and technologically advanced product portfolio. Our strong and diversified order pipeline provides us with significant growth visibility."
Agarwal further emphasized Inox Wind's role in India's accelerating renewable energy transition, noting the increasing demand for experienced and reliable wind OEMs capable of seamless project delivery. The company aims to support the nation's clean energy ambitions while creating long-term value for stakeholders through operational excellence and timely execution.
The company asserts that its robust order book provides clear long-term execution visibility, solidifying its position as a leading integrated wind energy solutions provider in India.