Inox Green Energy IPO — Growth Hinges On Wind Sector Revival: ICICI Direct

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .ICICI Direct's IPO Report.Inox Green Energy Services Ltd. was incorporated on May 11, 2012. Subsidiary of Inox Wind Ltd., Inox Green Energy is one of the major wind power operation and maintenance service providers within India. The company provides exclusive operations and maintenance services for all wind turbine generators sold by Inox Wind through the entry of long-term operations and maintenance contracts between the wind turbine generator purchaser and themselves for terms, which typically range between five and 20 years.As of June 30, 2022, Inox Wind had entered into binding contracts for the supply of two mega watt capacity wind turbine generators with an aggregate capacity of 964 mega watt. Further, Inox Wind had also received letters of intent, which are non-binding and which, therefore, may not lead to execution of any form of binding contract, for its new 3.3 mega watt capacity WTGs with aggregate capacity of 524.7 mega watt.As of June 30, 2022, its operations and maintenance services portfolio consisted of an aggregate 2,792 mega watt of wind farm capacity and 1,396 wind turbine generators..Click on the attachment to read the full IPO report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Inox Green Energy IPO — Growth Hinges On Wind Sector Revival: ICICI Direct

The company provides exclusive operations and maintenance services for all wind turbine generators sold by Inox Wind.

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