Inox Green Energy Services subsidiary, I-Fox Windtechnik, has secured an order from NLC India to maintain and operate a 51 MW Tamil Nadu-based wind energy project for five years. Comprehensive O&M, including the power evacuation system, is included in the scope of the agreement, with a revenue of Rs 40 crores expected during the term of the contract.
In the quarter ended June 2023 the company had reported net profit of Rs 2.62 crore against loss of Rs 11.58 crore in the same quarter previous fiscal.
Inox Green Energy Services: The scope of the contract comprises comprehensive O&M, including power evacuation system, for a period of five years with a revenue realisation of Rs 40 crore during the contract period, the company said.