Inox Neo Powers Up with 50 MW Wind Project

Inox Neo Energies, a subsidiary of Inox Clean Energy and the renewable energy IPP arm of the INOXGFL Group, has been awarded a 50 MW wind power project under the Gujarat Urja Vikas Nigam Ltd. (GUVNL) Wind Phase-IX auction. This marks the company’s entry into India’s renewable energy sector.

Although the company bid for 100 MW, it secured 50 MW at a discovered tariff of ₹3.66 per kWh. The GUVNL Wind Phase-IX auction targets the development of 250 MW of grid-connected wind power capacity across Gujarat.

This award represents a significant strategic milestone for the INOXGFL Group as it expands its presence in the clean energy space. The project supports India's broader renewable energy ambitions and positions Inox Neo Energies for active participation in future auctions and capacity growth.

News by Rahul Yelligetti.