Revenue, Profits Decline For Indian Wind Turbine Maker Inox In Q2 2019
Large renewable energy companies in India continue to face difficult times as yet another wind energy major reports poor financial results in the second quarter.
Large renewable energy companies in India continue to face difficult times as yet another wind energy major reports poor financial results in the second quarter.
The Indian state of Gujarat recently completed a wind energy auction, the second for the state since wind energy auctions began in the country. The auction was undersubscribed and project developers remained away as was the case with a recent national-level wind energy tender.
Large orders to set up wind energy projects continue to flow across the Indian market as developers eye crucial deadlines to commission their respective projects.
India’s largest renewable energy developer has finally filed for Initial Public Offer with the Securities and Exchange Board of India (SEBI) for the largest renewable energy IPO in the country’s history.
Wind energy tariffs in the latest auction in India are firming up even as competition among project developers remained high.
Wind energy tariff bids in India have stabilized, at least for the moment, and once again matched the lowest solar power tariff in the country.
Intense competition and few alternatives seem to have pushed the wind energy tariff bids in India to record lows.
Indian wind turbine manufacturers just recorded one of the best, if not the best, year in terms of capacity addition. India saw more than 3.4 GW of wind energy capacity added in the financial year 2015-16. This was not only 48% higher than last year’s capacity addition, but also 42% … [continued]
One of India’s two listed wind energy companies has announced completion of a major project. Inox Wind recently announced that it commissioned the 170 MW wind energy project for Continuum Wind Energy. Located in the state of Madhya Pradesh, Inox Wind supplied equipment and was also responsible for construction. Inox Wind … [continued]
With plans to significantly increase its share in the rapidly expanding Indian wind energy sector, Inox Wind, one of the country’s leading wind turbine manufacturers, has expanded one of its production facilities. Inox Wind, one of the only two wind energy companies listed on the Indian bourses, has announced that … [continued]