Inox Green Energy Services Limited

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Capital Goods / Power · NSE / BSE

Inox Green Energy Services Limited is a leading provider of wind power operation and maintenance (O&M) services in India. It is a subsidiary of Inox Wind Limited (IWL), which is listed on the NSE and BSE and is part of the Inox GFL Group. Key Highlights: Exclusive O&M Services: The company provides long-term O&M services for all wind turbine generators (WTGs) sold by IWL, with contracts typically lasting between 5 to 20 years. Specialized in Wind Farm Maintenance: Focuses on ensuring the efficient operation of wind turbine generators (WTGs) across multiple wind farm projects. Experienced Team: As of March 31, 2022, the company had 393 employees, including industry experts in WTG maintenance and wind energy. Pan-India Presence: Operates in key wind energy states such as Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, Kerala, and Tamil Nadu. Steady Revenue Growth: Revenue from O&M services was ₹1,721.66 million in FY22, ₹1,722.48 million in FY21, and ₹1,653.15 million in FY20. Inox Green Energy Services plays a crucial role in India’s renewable energy sector, ensuring the smooth operation of wind power projects across the country.