Inox Wind bags 250 MW project in Gujarat.

Wind turbine maker Inox Wind today said it has bagged a 250 MW project in the SECI-II auction.

“The company has won 250 MW in the SECI-II auction, representing a 25 per cent market share. The bid was won at a fixed price of Rs. 2.65/unit for 25 years,” Inox Wind said in a BSE filing.

The company said it would develop the SECI-II project in Kutch region in Gujarat.

It further said: “This win comes on the back of the 300 MW order won from the SECI-I auction held earlier in the year. This win enhances our auction based order book to 550 MW'.

Shares of Inox Wind were trading 1.55 per cent higher at Rs. 114.30 apiece on the BSE in morning trade recently.

HBL