Inox Green gets 285 MWp Solar O&M Projects

Inox Green Energy Services Ltd., a premier Indian operations and maintenance (O&M) service provider in the renewable energy domain, has signed deals to manage 285 megawatt-peak (MWp) of solar projects. The projects are owned by two leading renewable energy companies and are located across various sites in India.

This development comes just weeks after Inox Green entered the segment of solar O&M and with that, its solar portfolio has now reached close to 1 Gigawatt (1 GW).

Speaking on the success, Mr. S.K. Mathu Sudhana, CEO of Inox Green, said, “We are continuing to grow our solar operating portfolio at a significant pace and are delighted to have secured 285 MWp across several locations. Indian solar capacity is growing at a multi-gigawatt rate, and we believe our experience and tailor-made O&M services are well placed for growth in this segment.”

Project Details:

The agreements are in line with Inox Green’s strategy to diversify beyond wind energy and enhance its presence in solar O&M solutions. Since then, the company has rapidly scaled its solar offerings, solidifying both its capacity and its commitment to emerging as a big player in the larger renewable energy maintenance ecosystem.

Inox Green Energy Share Performance:

Following the solar energy order win, Inox Green Energy shares have gained 4% on May 19, 2025. The stocks have gained 12.22% annually and 11% in the last month.

About Inox Green Energy Services Ltd.

Inox Green is one of India’s largest renewable energy O&M players, overseeing around 4 GW of assets. An arm of Inox Wind and a member of the INOXGFL Group, the company focuses on renewable energy projects in the O&M (operations and maintenance) sector. With 10 years of operational track record and an impressive clientele that includes large IPPs (independent power producers), PSUs (public sector undertakings), and retail customers, Inox Green is the only listed pure-play renewable O&M service provider in the country.

Reference/Source: https://nsearchives.nseindia.com/corporate/IGESL_19052025074222_IGESLintimationPressRelease19052025.pdf

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