- Published: 26 February 2015 26 February 2015
Inox Wind has signed an MoU with Gujarat Government entailing an investment of Rs 4,500 crore to set up about 700MW wind capacity in Gujarat.
Within 5 years the company wants to expand and developing projects in five states in India (Gujarat, Rajasthan, Madhya Pradesh, Maharashtra & Andhra Pradesh). The company has an order book of 1,258MW as of December 31. Inox Wind has also announced that it will invest to set up a wind turbine manufacturing unit in the neighboring state of Madhya Pradesh.