Inox Neo bags 50 MW in wind power auction of GUVNL
The subsidiary of Inox Clean Energy Ltd, Inox Neo Energies, has bagged 50 MW in its first-ever wind power project auction. Inox bagged the project at Gujarat Urja Vikas Nigam Limited's (GUVNL) Wind Phase-IX auction.
GUVNL aims to develop 250 MW of grid-connected wind power projects across Gujarat. The firm was awarded 50 MW out of its quoted 100 MW at a discovered tariff of Rs 3.66/kWh.
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