Rising Stocks

Inox Wind zooms over 13% after SECI awards expansion for Gujarat venture

Inox Wind has just appointed 200 MW at Dayapar, the documenting said.

Portions of the breeze vitality arrangements supplier were exchanging 8.82 percent up at Rs 34.25 a piece on the BSE.

New Delhi: Inox Wind shares on Monday flooded more than 13 percent after the organization got an augmentation from SECI for dispatching of a breeze control venture in Gujarat.

Portions of the breeze vitality arrangements supplier were exchanging 8.82 percent up at Rs 34.25 a piece on the BSE.

On the NSE, the stock zoomed 13.57 percent to Rs 36.40.

“Inox Wind has been allowed time expansion by Solar Energy Corporation of India Ltd (SECI) for the planned authorizing date for 5X50 MW ISTS associated wind control extends in Gujarat because of postponement in operationalization of long haul access by the Central Transmission Utility (CTU),” the organization said in a BSE recording on Monday.

Inox Wind has just authorized 200 MW at Dayapar, the recording said.

“SECI has additionally conceded authorization to the organization to commission the parity 50 MW Project, which is as of now under execution,” it included.

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