Inox Wind Secures 100 MW Order from Indian Oil

Nikunj Parikh - Mumbai Bureau Sep 03, 2026 2,000 Views

Inox Wind Limited secured a 100 MW turnkey wind energy order valued at approximately 755 crore rupees from Indian Oil Corporation. Announced on September 3, 2026, the agreement covers end-to-end engineering, procurement, construction, and 10 years of operations and maintenance services, reinforcing corporate clean energy transition efforts.

NOIDA, India — Inox Wind Limited (IWL) announced on September 3, 2026, that it has secured a repeat 100 MW turnkey wind energy order from Indian Oil Corporation Limited (Indian Oil). The contract, valued at approximately 755 crore rupees, encompasses comprehensive end-to-end project execution, including the supply of wind turbine generators, engineering, procurement, and construction (EPC), and post-commissioning operations and maintenance (O&M) services for a period of 10 years. This major development highlights the acceleration of India's corporate renewable energy adoption, as public sector undertakings actively scale up clean energy investments to meet national sustainability targets.

Project Scope and Technical Execution

Under the terms of the agreement, Inox Wind will manage the entire project lifecycle from concept to grid connection. The scope covers the manufacturing and supply of advanced wind turbine generators, complete infrastructure development, and site execution. Furthermore, Inox Green Energy Services Ltd., a subsidiary of Inox Wind specializing in renewable operations, will handle long-term O&M services. The project leverages Inox Wind's manufacturing capacity of 2.5 GW per annum across its facilities in Gujarat, Madhya Pradesh, and Himachal Pradesh.

Strengthening Institutional Partnerships

This contract represents a significant repeat order from Indian Oil, India's largest oil marketing company and a central public sector enterprise. According to official company disclosures, the agreement expands Inox Wind’s diverse customer base, which spans independent power producers (IPPs), public sector undertakings (PSUs), and commercial and industrial (C&I) clients. Industry analysts note that repeat orders from Maharatna enterprises validate the technological reliability and execution track record of domestic wind energy providers in a competitive market.

Official Sources

BSE Limited Corporate Filing - Inox Wind Limited Press Release (September 3, 2026)
National Stock Exchange of India - Regulatory Disclosures for Inox Wind Limited
Inox Wind Limited Official Corporate Communications and Investor Relations Portal

Leadership Commentary

"We are pleased to have secured this 100 MW turnkey order from Indian Oil Corporation Limited, a Maharatna company and India's largest oil marketing company," stated Mr. Kailash Tarachandani, Group CEO for the Renewables business at INOXGFL Group. "This repeat order is a testament to the confidence that leading institutional customers place in our integrated capabilities and execution track record. With our ability to deliver comprehensive solutions across the wind project lifecycle, we remain well positioned to support customers in their transition towards cleaner sources of energy."

Mr. Tarachandani added, "India's renewable energy transition is creating significant opportunities for wind power, with large enterprises and public sector organisations increasingly looking for reliable partners who can deliver projects with efficiency and accountability. We are committed to leveraging our technology, manufacturing and execution capabilities to deliver high-quality projects while contributing meaningfully to India's clean energy ambitions."

Strategic Impact on Clean Energy Transition

The deployment of the 100 MW wind capacity supports India's broader climate objectives of achieving 500 GW of non-fossil fuel energy capacity. For industrial consumers and public sector refiners like Indian Oil, integrating captive or utility-scale renewable power is a core component of decarbonizing operations and hedging against long-term fossil fuel volatility. For investors and market observers, the 755 crore rupee contract reinforces the financial viability and order book visibility of Tier-1 Indian renewable equipment manufacturers.

Key Facts at A Glance

Contract Value: Approximately 755 crore rupees (INR 7.55 billion).
Capacity: 100 MW wind energy project awarded by Indian Oil Corporation Limited to Inox Wind Limited.
Service Duration: Includes complete turnkey execution and 10 years of post-commissioning operations and maintenance (O&M) services.
Execution Partners: Managed by Inox Wind Limited alongside its specialized subsidiaries, including Inox Green Energy Services Ltd.

Frequently Asked Questions

What is the total capacity of the order secured by Inox Wind? The order comprises a total wind energy capacity of 100 MW.
Who awarded the turnkey contract to Inox Wind? The contract was awarded by Indian Oil Corporation Limited, India's largest oil marketing company.
What are the financial terms of the agreement? The contract carries an approximate value of 755 crore rupees.
Does the agreement include long-term maintenance? Yes, the contract includes post-commissioning operations and maintenance (O&M) services for a period of 10 years.