{"id":62608,"date":"2025-12-23T13:50:28","date_gmt":"2025-12-23T08:20:28","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/12\/23\/indowind-energy-limited-eyes-growth-with-proposed-5-1-mw-operational-wind-project-acquisition\/"},"modified":"2025-12-23T13:50:28","modified_gmt":"2025-12-23T08:20:28","slug":"indowind-energy-limited-eyes-growth-with-proposed-5-1-mw-operational-wind-project-acquisition","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/12\/23\/indowind-energy-limited-eyes-growth-with-proposed-5-1-mw-operational-wind-project-acquisition\/","title":{"rendered":"Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>Chennai (Tamil Nadu) [India], December 23:<\/strong> <\/span>Indowind\u00a0Energy Limited (BSE: 532894\u00a0| INE227G01018\u00a0| NSE:\u00a0INDOWIND)\u00a0is engaged in the generation and distribution of power through windmills, has entered into an in-principle\u00a0agreement for the acquisition of about 5.1 MW operational wind power project.<\/p>\n<p>The proposed acquisition is expected to be undertaken at an approximate consideration in the range of\u00a0INR 200-250 million. The project is currently operational and is expected to add stable generating capacity to the Company\u2019s renewable energy portfolio, subject to statutory\/regulatory compliances\/approvals wherever necessary, either as Asset or share purchase transaction.<\/p>\n<p>As part of its long-term growth strategy, the Company proposes\u00a0to repower the acquired wind project and\/or implement a hybrid solar project in the future, subject to feasibility evaluation and regulatory approvals. These initiatives are intended to enhance generation efficiency, improve asset utilisation, and support sustained growth in revenues and profitability over the long term.<\/p>\n<p>The proposed transaction is aligned with\u00a0Indowind\u00a0Energy Limited\u2019s focus on capacity enhancement, asset optimisation, and strengthening its renewable energy platform, while supporting long-term business growth.<\/p>\n<p>Commenting on the\u00a0development,\u00a0Mr. Bala Venckat Kutti, Promoter of Indowind Energy Limited,<\/p>\n<p>said: \u201cThe proposed acquisition of an operational wind asset supports our objective of strengthening our renewable energy base. The potential repowering and hybridisation of the project provides opportunities to improve generation efficiency and long-term returns, in line with our growth strategy.\u201d<\/p>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chennai (Tamil Nadu) [India], December 23: Indowind\u00a0Energy Limited (BSE: 532894\u00a0| INE227G01018\u00a0| NSE:\u00a0INDOWIND)\u00a0is engaged in the generation and distribution of power through windmills, has entered into an in-principle\u00a0agreement for the acquisition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62609,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":43},"categories":[4],"tags":[54],"class_list":["post-62608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/62608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=62608"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/62608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/62609"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=62608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=62608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=62608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}