Inox Green Energy's Subsidiary I-Fox Receives LoA from NLC India for Restoration of 33 WTGs
The order, secured from NLC India Ltd. (NLCIL), entails the restoration of 33 wind turbine generators (each 1.5 MW) situated in NLCIL's wind power plant in Tenkasi District, Tamil Nadu.
March 20, 2024. By Abha Rustagi
The order, secured from NLC India Ltd. (NLCIL), a Navratna PSU of the Government of India, entails the restoration of 33 wind turbine generators (each 1.5 MW) situated in NLCIL's wind power plant in Tenkasi District, Tamil Nadu.
The scope of the contract encompasses the supply of materials/spares and other associated activities necessary for the restoration of the 33 WTGs within a timeframe of 8 months. This achievement is noteworthy for both I-Fox and IGESL, with an estimated revenue realization of approximately INR 39.5 crores (inclusive of taxes) during the contract period.
SK Mathu Sudhana, CEO of IGESL, expressed his delight at securing another prestigious order from NLC India, following the successful contract for comprehensive O&M of 51MW WTGs for a duration of 5 years last year. He emphasized the significance of this achievement, highlighting the trust placed by clients in the diversified service offerings of IGESL and the capabilities cultivated over the years.
"This order," remarked Sudhana, "is another testament to the growth trajectory of IGESL and our subsidiary, I-Fox Wind. We are making substantial progress towards our targets on all fronts and are committed to delivering exceptional service and value to our clients."
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