Inox Neo Energies Wins Big at Wind Power Project Auction
POWER & RENEWABLE ENERGY

Inox Neo Energies Wins Big at Wind Power Project Auction

The Gujarat Urja Vikas Nigam Limited (GUVNL) Wind Phase-IX auction was held on 24th April with the aim of developing 250 MW of grid-connected wind power projects across Gujarat. 

After participating in auction, Inox Neo Energy, a subsidiary of Inox Clean Energy and the independent power producer arm of the INOXGFL Group, has now secured 50 MW out of its quoted 100 MW of power at a tariff of Rs 3.66/kWh. 

Kailash Tarachandani, the Group CEO of Renewables Business at INOXGFL Group heralded this grant saying, “This 50 MW marks a beginning to [Inox Neo Energies building a cleaner, greener future]”

The Gujarat Urja Vikas Nigam Limited (GUVNL) Wind Phase-IX auction was held on 24th April with the aim of developing 250 MW of grid-connected wind power projects across Gujarat. After participating in auction, Inox Neo Energy, a subsidiary of Inox Clean Energy and the independent power producer arm of the INOXGFL Group, has now secured 50 MW out of its quoted 100 MW of power at a tariff of Rs 3.66/kWh. Kailash Tarachandani, the Group CEO of Renewables Business at INOXGFL Group heralded this grant saying, “This 50 MW marks a beginning to [Inox Neo Energies building a cleaner, greener future]”

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement