Noida, June 16, 2026: Inox Wind Limited (IWL), India’s leading wind energy solutions provider, today announced that it has signed an MoU with Inox Clean Energy (Inox Clean), India’s fastest-growing independent power producer (IPP) and solar cell & module manufacturing platform, to supply 1,500 MW of wind turbines.
The MoU is to supply Inox Clean with IWL’s advanced 3.3 MW and 4X MW wind turbines for renewable energy projects being developed by Inox Clean across India.
This is in line with the elaborate interplay within INOXGFL Group entities, aiding execution and revenue generation and creating a virtuous cycle of collaboration among Group companies. Large orders from the Group companies will help secure growth and insulate the business from market cycles.
The MoU follows the Group’s recently launched transformative ‘One Integrated’ renewable strategy, aimed at creating a fully integrated renewable energy ecosystem spanning manufacturing, EPC, IPP and O&M services.
The integrated strategy combines the strengths of Inox Clean Energy, Inox Renewable Solutions (IRSL), Inox Green Energy Services and Inox Wind to create a scalable renewable energy powerhouse with enhanced execution capabilities, stronger recurring revenue streams and long-term growth visibility.
As part of this strategy, Inox Clean—the Group’s renewable IPP and solar cell & module manufacturing business—is rapidly emerging as one of the leading renewable platforms globally. The company has become one of the fastest renewable energy companies to achieve an operational portfolio of approximately 3.5 GW within the first two years of operations and plans to add over 3 GW of renewable capacity annually going forward. Inox Clean is targeting an operational renewable portfolio of 14 GW by FY29. Approximately 20%–30% of these annual additions are expected to be wind, translating into multi-year recurring order visibility for Inox Wind and creating a strong foundation for sustained growth.
Commenting on the development, Mr. Sanjeev Agarwal, CEO, Inox Wind Ltd., said, “We are delighted to have signed this MoU with Inox Clean for the supply of 1,500 MW of advanced wind turbines. Inox Clean has ambitious plans to develop and deliver long-term clean energy solutions to its customers, and we are pleased to be a key partner in the Group’s mission to accelerate India’s energy transition, while also benefiting from a steady multi-year order inflow. We have a robust order book of 3.1 GW and, with this new MoU, our order book crosses 4.5 GW, which covers us for the next few years.”
Speaking on the occasion, Mr. Bharat Saxena, CEO, Inox Clean Energy, said, “This MoU represents a significant milestone in the execution of the INOXGFL Group’s ‘One Integrated’ renewable strategy. As Inox Clean accelerates towards its target of building a 14 GW renewable energy portfolio by FY29, having access to world-class wind manufacturing, execution and O&M capabilities within the Group provides us with a distinct competitive advantage. The partnership with Inox Wind will enable faster project execution, greater supply chain certainty and improved capital efficiency as we continue to scale one of India’s fastest-growing renewable energy platforms.”
