Inox Green Energy Services Limited
Minimum investment
Bidding date
11 Nov - 15 Nov 2022
Price range
—
Minimum quantity
230
Minimum investment
₹14,030
Issue size
—
Listing exchange
NSE/BSE
Inox Green Energy Services Limited is one of the major wind power operation and maintenance ("O&M") service providers within India. The company is a subsidiary of Inox Wind Limited ("IWL"), a company which is listed on the National Stock Exchange of India Limited and BSE Limited, and part of the Inox GFL group of companies.
Inox Green Energy services Limited provides exclusive O&M services for all WTGs sold by IWL through the entry of long-term O&M contracts between the WTG purchaser for terms which typically range between five to 20 years.
The company is engaged in the business of providing long-term O&M services for wind farm projects, specifically the provision of O&M services for wind turbine generators ("WTGs").
As of March 31, 2022, the company has a team of 393 employees including managers with extensive experience in the O&M of WTGs and the wind industry generally.
The company has a presence in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Andhra Pradesh, Kerala and TamilNadu.
: Strong and diverse existing portfolio base.
: Established track record, favourable national policy support and visibility for future growth.
: Reliable cash flow supported by long-term O&M contracts with high credit quality counterparties.
: Supported and promoted by its parent company, IWL.
: Established supply chain in place.
: Strong and experienced management team.
Services:: The sale of services may decrease in the future.
Contracts:: The renewal rate of service contracts may decrease in the future, and customers may move from comprehensive O&M contracts to common infrastructure O&M contracts.
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