 "Inox Wind gains on bagging 100 MW order from Ostro Energy")
Inox Wind has moved higher by 6% to Rs 387 on the BSE after the company announced that it has received an order for a 100 MW wind power project at Lahori, Madhya Pradesh from Ostro Energy.
The company will supply and install 50 units of its advanced 2MW DFIG 100 rotor dia Wind Turbine Generators (WTGs) for Ostro Energy, on a turnkey basis, Inox Wind said in a press release.
Ostro Energy is backed by Actis, a global pan-emerging market private equity firm with $7.6 billion of funds under management.
At 11:44 AM, the stock was up 4% at Rs 381 on the BSE compared to 1% fall in the benchmark S&P BSE Sensex. A combined 216,638 shares changed hands on the counter on the BSE and NSE.
The company will supply and install 50 units of its advanced 2MW DFIG 100 rotor dia Wind Turbine Generators (WTGs) for Ostro Energy, on a turnkey basis, Inox Wind said in a press release.
Ostro Energy is backed by Actis, a global pan-emerging market private equity firm with $7.6 billion of funds under management.
At 11:44 AM, the stock was up 4% at Rs 381 on the BSE compared to 1% fall in the benchmark S&P BSE Sensex. A combined 216,638 shares changed hands on the counter on the BSE and NSE.