Inox Wind Limited (IWL), on Tuesday, said that it has received a Letter of Intent (LoI) for executing a 50 MW ISTS-connected wind power project on a turnkey basis from NLC India, a Navratna CPSU.
As per the company's statement, as a part of the project, Inox Wind will supply, install and commission its DF 113/92 - 2.0 MW capacity Wind Turbine Generators (WTGs) and provide comprehensive operations & maintenance (O&M) services for over 10 years post commissioning.
The project will be executed at the mega Dayapar site in Kutch district of Gujarat.
"This project from NLC India reinforces Inox Wind’s strong credentials as a comprehensive wind energy solutions provider in the Indian market. Our robust relationships across PSUs, IPPs, C&I and retail customers, as well as our varied product and service offerings with plug-and-play turnkey solutions, place us at a unique position to deliver value for our customers. As India moves towards achieving its renewable energy capacity targets, Inox Wind continues to play an important role, and stands at a formidable position to deliver significant growth and profitability going ahead," said Kailash Tarachandani, CEO of Inox Wind.