Published On:September 3 2024
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Inox Wind Invests ₹350 Crore to Expand Operations in Indian Wind Sector
Inox Wind Limited, a leading name in India's wind energy sector, has announced a major expansion move. The board of its subsidiary, Resco Global Wind Services Pvt. Ltd., has approved a ₹350 crore equity raise from prominent investors. This funding will be utilized to enhance Resco Global’s operations and capitalize on growth opportunities within the Indian wind sector.
This investment underscores Inox Wind’s commitment to strengthening its foothold in the renewable energy market and supports India’s ambitious goals for expanding renewable energy capacity.
HBL