Inox Wind Limited (IWL), one of India’s foremost wind energy solutions providers, has announced a major milestone with the acquisition of a 51 MW wind energy project order from First Energy Private Limited (FEPL), a subsidiary of the Thermax Group. This marks the first-ever collaboration between the two renewable energy leaders and is viewed as a stepping stone towards a broader partnership.

The project is set to be implemented in Tamil Nadu through FEPL's special purpose vehicle (SPV) First Energy 10 Private Limited. As per the contract terms, IWL will supply its advanced 3 MW class turbines featuring a hub height of 140 meters and a rotor diameter of 145 meters. These specifications reflect Inox Wind’s technological innovation and its commitment to supporting India’s decarbonisation goals.

Additionally, the scope of the contract includes a limited scope EPC (Engineering, Procurement, and Construction) package, which encompasses on-site supervision and execution services, ensuring seamless project development. Beyond the commissioning phase, IWL will provide multi-year Operations & Maintenance (O&M) services, securing performance and reliability over the long term.

Speaking on this development, Mr. Sanjeev Agarwal, CEO of Inox Wind Ltd., expressed enthusiasm about the new collaboration:

“We are thrilled to commence our relationship with First Energy through this 51 MW order, which we believe will be the first of many. First Energy, a Thermax Group company, is a fast-growing player in India’s burgeoning commercial & industrial (C&I) RE power market. Our partnership will help them scale rapidly, and we remain committed to delivering excellence across the wind energy value chain.”

About First Energy Private Limited (FEPL)

First Energy Private Limited, part of the Thermax Group, is a renewable energy solutions provider specializing in the commercial and industrial (C&I) segment. Its offerings include solar, wind, wind-solar hybrid solutions, and battery energy storage systems. With deep-rooted expertise in EPC execution, FEPL supports its customers in green energy transition through both capex and opex models. Its opex-based renewable energy delivery includes inter and intra-state open access solutions, coupled with long-term energy service contracts and robust infrastructure investments.

FEPL has expanded its presence beyond India, servicing clients in Asia, Southeast Asia, and Africa, while also deploying customized off-grid power solutions. The company’s mission is rooted in building sustainable energy ecosystems that accelerate industrial decarbonisation efforts.

About Inox Wind Limited (IWL)

Inox Wind Limited is a part of the US$ ~11 billion INOXGFL Group, a diversified conglomerate with legacy businesses in chemicals and renewable energy. Headquartered in Noida, IWL is a vertically integrated wind energy company, serving independent power producers (IPPs), utilities, PSUs, and corporate clients.

With four advanced manufacturing facilities located in Gujarat, Himachal Pradesh, and Madhya Pradesh, IWL manufactures turbine blades, tubular towers, hubs, and nacelles. Its current manufacturing capacity stands at approximately 2.5 GW per annum, enabling it to handle large-scale projects across India.

The company’s 3 MW WTG series has gained market attention due to its reliability, performance, and cost competitiveness. IWL also boasts a robust O&M service portfolio through its listed subsidiary Inox Green Energy Services Ltd., managing over 5.1 GW of wind energy assets.

Another subsidiary, Inox Renewable Solutions, provides EPC services and builds shared infrastructure, such as power evacuation systems, for renewable energy parks. IWL’s integrated service offering — from design to execution and post-commissioning support — makes it a preferred partner in India’s clean energy revolution.

The company adheres to stringent quality and safety standards, being ISO 9001:2008, ISO 14001:2004, OHSAS 18001, and ISO 3834 certified. Backed by strong promoter support, a healthy balance sheet, and sectoral tailwinds, IWL is well-positioned for the next phase of profitable growth in India's energy transition.

This announcement underlines Inox Wind’s strategy of targeting high-potential clients in the C&I renewable space and expanding its footprint in southern India, a region with rising demand for clean power. As India aims for 500 GW of non-fossil capacity by 2030, collaborations like the one between Inox Wind and First Energy are crucial to achieving national sustainability goals.

With this deal, Inox Wind reaffirms its commitment to accelerating India’s journey towards net-zero, while also strengthening its order book and diversifying its client portfolio.

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