Wind turbine maker Inox Wind today said it has bagged a 250 MW project in the Solar Energy Corporation of India (SECI) - II auction.
“The company has won 250 MW in the SECI-II auction representing a 25% market share. The bid was won at a fixed price of ₹2.65/unit for 25 years,” Inox Wind said in a BSE filing.
The company said it would develop the SECI-II project in the Kutch region of Gujarat.
It further said: “This win is on back of the 300 MW order win from the SECI-I auction held earlier in the year. This win enhances our auction based order book to 550 MW“.
Shares of Inox Wind were trading 1.55% higher at ₹114.30 apiece on BSE in morning trade today.