Inox Green rises after securing O&M contracts for 189.1 MWp of solar projects

Inox Green Energy Services advanced 1.19% to Rs 153 after the company said that it has entered into agreements to provide O&M services for 189.1 MWp of operational solar projects with multiple customers.

The company has signed for 96.6 MWp with a global PE-backed IPP for projects in Maharashtra. In addition, it has entered into agreements for 92.5 MWp with an IPP for projects in Gujarat and Madhya Pradesh.

With these additions, Inox Greens solar O&M portfolio has reached nearly 1.8 GW, taking the total renewable O&M portfolio to approximately 5.3 GW.

SK Mathu Sudhana, CEO of Inox Green, said: "We are pleased to have secured another 189.1 MWp of solar O&M agreements, and rapidly expand in this segment.

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