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Inox Wind to Supply 1,500 MW of Wind Turbines to Inox Clean Energy
Inox Wind has signed an MoU with Inox Clean Energy to supply 1,500 MW of wind turbines for renewable energy projects to be developed across India.
June 17, 2026. By Mrinmoy Dey
Inox Wind (IWL) has announced that the company has signed an MoU with Inox Clean Energy to supply 1,500 MW of wind turbines.
The MoU is to supply Inox Clean with IWL's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India, stated the company.
This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles, asserted the company.
Commenting on the development, Sanjeev Agarwal, CEO, Inox Wind, said, “We are delighted to have signed this MoU with Inox Clean for the supply of 1,500 MW of advanced wind turbines. Inox Clean has ambitious plans to develop and deliver long-term clean energy solutions to its customers, and we are pleased to be a key partner in the Group's mission to accelerate India's energy transition, while also benefiting from a steady multi-year order inflow. We have a robust order book of 3.1 GW and, with this new MoU, our order book crosses 4.5 GW, which covers us for the next few years.”
Speaking on the occasion, Bharat Saxena, CEO, Inox Clean Energy, said, “This MoU represents a significant milestone in the execution of the INOXGFL Group's 'One Integrated' renewable strategy. As Inox Clean accelerates towards its target of building a 14 GW renewable energy portfolio by FY29, having access to world-class wind manufacturing, execution and O&M capabilities within the Group provides us with a distinct competitive advantage. The partnership with Inox Wind will enable faster project execution, greater supply chain certainty and improved capital efficiency as we continue to scale one of India's fastest-growing renewable energy platforms.”
The MoU follows the Group's recently launched transformative 'One Integrated' renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services.
The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and Inox Wind to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility, stated the company.
Inox Clean, the Group's renewable IPP and solar cell and module manufacturing business, currently has an operational renewable energy portfolio of around 3.5 GW and plans to add over 3 GW of capacity annually, targeting 14 GW by FY29. Wind energy is expected to contribute 20-30 percent of these additions, supporting future order inflows for Inox Wind.
The MoU is to supply Inox Clean with IWL's advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India, stated the company.
This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles, asserted the company.
Commenting on the development, Sanjeev Agarwal, CEO, Inox Wind, said, “We are delighted to have signed this MoU with Inox Clean for the supply of 1,500 MW of advanced wind turbines. Inox Clean has ambitious plans to develop and deliver long-term clean energy solutions to its customers, and we are pleased to be a key partner in the Group's mission to accelerate India's energy transition, while also benefiting from a steady multi-year order inflow. We have a robust order book of 3.1 GW and, with this new MoU, our order book crosses 4.5 GW, which covers us for the next few years.”
Speaking on the occasion, Bharat Saxena, CEO, Inox Clean Energy, said, “This MoU represents a significant milestone in the execution of the INOXGFL Group's 'One Integrated' renewable strategy. As Inox Clean accelerates towards its target of building a 14 GW renewable energy portfolio by FY29, having access to world-class wind manufacturing, execution and O&M capabilities within the Group provides us with a distinct competitive advantage. The partnership with Inox Wind will enable faster project execution, greater supply chain certainty and improved capital efficiency as we continue to scale one of India's fastest-growing renewable energy platforms.”
The MoU follows the Group's recently launched transformative 'One Integrated' renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services.
The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and Inox Wind to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility, stated the company.
Inox Clean, the Group's renewable IPP and solar cell and module manufacturing business, currently has an operational renewable energy portfolio of around 3.5 GW and plans to add over 3 GW of capacity annually, targeting 14 GW by FY29. Wind energy is expected to contribute 20-30 percent of these additions, supporting future order inflows for Inox Wind.
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