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Inox Green Energy Services Ltd. ( (IN:INOXGREEN) ) just unveiled an update.
Inox Green Energy Services Ltd. announced strategic partnerships through Memorandums of Understanding with KP Group companies to develop 5 GW of renewable projects, split equally between wind and solar power across India. Inox Green will provide operations and maintenance services for these projects, enhancing its industry positioning and potentially impacting stakeholders by expanding its service portfolio and reinforcing its market presence in the renewable energy sector.
More about Inox Green Energy Services Ltd.
Inox Green Energy Services Limited is a prominent renewable power operations and maintenance service provider in India, managing approximately 12.5 GW of renewable assets. It offers long-term O&M services for renewable energy projects and is part of the INOXGFL Group. As a subsidiary of Inox Wind, it maintains a synergistic relationship and is the only listed pure-play renewable O&M services company in India. The company has a diverse portfolio and a decade-long track record, catering to large independent power producers, public sector units, and retail customers.
Average Trading Volume: 181,526
Technical Sentiment Signal: Hold
Current Market Cap: 92.86B INR
See more insights into INOXGREEN stock on TipRanks’ Stock Analysis page.