NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
Sep 19, 2024 11:52 CESTIndian wind turbine maker Inox Wind Ltd (BOM:539083) will launch at home a 3-MW turbine especially suitable for low wind regimes as a result of an exclusive agreement with US energy-tech company AMSC (NASDAQ:AMSC).
Inox has been offering 2-MW turbines through an existing licence agreement with the American technology firm and now it will expand its wind turbine generator (WTG) product offering with turbines that have greater rotor diameters and higher hub height towers.
The 3-MW wind turbine platform is a great fit in the competitive tariff environment currently present under the auction regime in India, Inox noted.
More than 15 GW of wind power capacity has been installed globally based on AMSC designs.
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