Inox Wind Energy Ltd. Company History and Annual Growth Details

Our Company was incorporated as unlisted public company in the name and style as “Inox Wind Energy Limited” under the provisions of Companies Act, 2013 in Vadodara, Gujarat, India vides Certificate of Incorporation dated March 06, 2020. The Corporate Identification Number is U40106GJ2020PLC113100.  

Prior to the Composit Scheme of Arrangement approved by Hon’ble NCLT, January 25, 2021, Bench, amongst GFL Limited, IRL and IWEL and their respective shareholders, our Company was Wholly Owned Subsidary of GFL Limited. Purusant to the Composite Scheme becoming effective (i) amalgamation of Inox Renewables Limited with GFL Limited (Appointed date i.e., April 01, 2020) and (iii) demerger of the Demerged Undertaking of GFL Limited into IWEL on a going concern basis and for matters consequential, supplemental and/or otherwise integrally connected therewith from the Appointed date i.e., July 01, 2020.

Pursuant to the Scheme becoming effective, our Company is now engaged in providing turnkey solutions by supplying WTGs and shall also offer services including wind resource assessment, site/land acquisition, development of power evacuation, infrastructure development, erection and commissioning and also long-term operations and maintenance of wind power projects.

Major Events, Milestones:

2020

The Company is incorporated in March 2020 and the business of our Company will be commenced post approval of scheme and transfer of Demerged Undertaking