Inox Wind
INOX Wind Limited is an Indian wind energy service provider. Headquartered in Noida, India, the company is a subsidiary of Inox Group.[4][5] Inox Wind Limited manufactures wind turbine generators, or WTGs, and provides services including wind resource assessment, site acquisition, infrastructure development, erection and commissioning, and long term operations and maintenance of wind power projects.[6] Inox Wind was ranked at 167th position in Business Today's list of 500 most valuable companies in India in 2015.[5]
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Type | Public |
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BSE: 539083 NSE: INOXWIND | |
Industry | Wind power |
Founded | 2009[1] |
Headquarters | Inox Towers, Noida Uttar Pradesh, India |
Key people | Devansh Jain (Director)[2] |
Products | Turnkey solutions for wind power |
₹452 crore (US$59 million) (2016)[3] | |
Website | http://www.inoxwind.com |
The company is listed on the National Stock Exchange of India (NSE:INOXWIND) and on the Bombay Stock Exchange (BSE:539083).
Inox Group
Inox Wind Limited is part of the Inox Group of Companies. Inox Group has interests in various businesses including industrial gases, refrigerants, engineering plastics, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment. The INOX Group employs close to 9,000 people and has a distribution network that is spread across more than 50 countries. The Inox Group of Companies, besides Inox Wind Limited, includes Inox Air Products Limited, Gujarat Fluorochemicals Limited, Inox India Limited, Inox Renewables Limited, and Inox Leisure Limited.[7]
Manufacturing Facilities
Inox Wind has three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh. The plant near Ahmedabad (Gujarat) manufactures Blades & Tubular Towers while Hubs & Nacelles are manufactured at the company’s facility at Una (Himachal Pradesh). The new integrated manufacturing facility at Barwani (Madhya Pradesh) manufactures blades, towers and will manufacture nacelles and hubs. The facility in Madhya Pradesh, which will be amongst the largest in the world, has doubled Inox Wind’s manufacturing capacity to 1,600 MW per annum.[8]
Technology Partner
Inox Wind has sourced technology from AMSC, Austria, a wholly owned subsidiary of USA based American Superconductor Corporation. Inox Wind has an exclusive and perpetual licence from AMSC to manufacture 2 MW wind turbines in India.[9] AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy.[7]
Products
Inox Wind's product is the 2 MW DFIG (Double Fed Induction Generator). The company currently manufactures three variants of the 2 MW WTG- the 93.3 meter rotor diameter, the 100 meter rotor diameter, and the 113 meter rotor diameter.
References
- "data" (PDF). www.sebi.gov.in. Retrieved 2021-05-06.
- "Devansh Jain: Flying With The Wind | Forbes India". Forbes India.
- "Annual report" (PDF). www.inoxwind.com. 2015. Retrieved 2021-05-06.
- "Inox: The Wind Beneath Its Wings | Forbes India". Forbes India.
- "Inox Wind is moving ahead by govt's renewable energy goals". www.businesstoday.in.
- "Archived copy" (PDF). Archived from the original (PDF) on 2016-01-27. Retrieved 2016-01-22.
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: CS1 maint: archived copy as title (link) - Jauhari, Ujjval (March 17, 2015). "Inox Wind: Strong business outlook" – via Business Standard.