INOXGFL Firms Win Wind World IPP And O&M Arms
POWER & RENEWABLE ENERGY

INOXGFL Firms Win Wind World IPP And O&M Arms

INOXGFL Group companies emerged as successful bidders in an NCLT-approved resolution process to acquire the IPP and O&M businesses of Wind World India. Inox Clean Energy Limited, via its subsidiary Inox Neo Energies, will acquire Wind World India’s operational 600 megawatt (MW) IPP portfolio. Inox Green Energy Services Limited will acquire Wind World India’s operations and maintenance arm comprising nearly four point five gigawatt (GW) of O&M capacity. The transactions will be implemented through the respective group companies.

Wind World India, directly and through its subsidiaries, has a combined installed IPP capacity of approximately 600 MW with wind farms across seven key wind-rich states including Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. Its O&M portfolio services a marquee client base that includes large corporates such as the Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc. The acquisitions therefore add operational scale across critical wind corridors and a diverse customer mix. The portfolio is expected to augment recurring and annuity-like revenues for the acquiring companies.

The deal expands Inox Clean’s operational IPP base and supports its medium-term target of 10 GW of installed IPP capacity and 11 GW of integrated solar manufacturing capacity by FY28. Inox Green, which manages about 13.3 gigawatt peak (GWp) of renewable assets, will substantially strengthen its position as a leading O&M provider in India. The combined scale is intended to create synergies across asset management, operations and customer relationships while improving cash flow visibility. The companies indicated that prudent capital allocation and operational efficiency will guide integration.

Group executives explained that adding Wind World’s assets deepens the group’s presence across the wind value chain and aligns with a strategy to build a technology-driven and performance-focused clean energy platform that supports India’s energy transition. The transaction was described as strategically timed and consistent with the group’s valuation framework, enhancing recurring revenues and long-term profitability. The companies said they will now focus on integration and delivering operational improvements across the acquired portfolio.

INOXGFL Group companies emerged as successful bidders in an NCLT-approved resolution process to acquire the IPP and O&M businesses of Wind World India. Inox Clean Energy Limited, via its subsidiary Inox Neo Energies, will acquire Wind World India’s operational 600 megawatt (MW) IPP portfolio. Inox Green Energy Services Limited will acquire Wind World India’s operations and maintenance arm comprising nearly four point five gigawatt (GW) of O&M capacity. The transactions will be implemented through the respective group companies. Wind World India, directly and through its subsidiaries, has a combined installed IPP capacity of approximately 600 MW with wind farms across seven key wind-rich states including Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. Its O&M portfolio services a marquee client base that includes large corporates such as the Tata Group, ReNew, Greenko Group, Apraava Energy and Hindustan Zinc. The acquisitions therefore add operational scale across critical wind corridors and a diverse customer mix. The portfolio is expected to augment recurring and annuity-like revenues for the acquiring companies. The deal expands Inox Clean’s operational IPP base and supports its medium-term target of 10 GW of installed IPP capacity and 11 GW of integrated solar manufacturing capacity by FY28. Inox Green, which manages about 13.3 gigawatt peak (GWp) of renewable assets, will substantially strengthen its position as a leading O&M provider in India. The combined scale is intended to create synergies across asset management, operations and customer relationships while improving cash flow visibility. The companies indicated that prudent capital allocation and operational efficiency will guide integration. Group executives explained that adding Wind World’s assets deepens the group’s presence across the wind value chain and aligns with a strategy to build a technology-driven and performance-focused clean energy platform that supports India’s energy transition. The transaction was described as strategically timed and consistent with the group’s valuation framework, enhancing recurring revenues and long-term profitability. The companies said they will now focus on integration and delivering operational improvements across the acquired portfolio.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->