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Inox Green Energy Services Ltd
Inox Green Energy Services Ltd Company History
Inox Green Energy Services is engaged in the business of providing Operations and Maintenance (“O&M”) services of WTGs and Common Infrastructure Facilities.
2012
Incorporation of our Company as a public limited company, with the name ÂInox Wind Infrastructure Services LimitedÂ
2012
2013
Acquired 100% shareholding of Marut-Shakti Energy India Limited (MSEILÂ), pursuant to a share purchase agreement with MSEIL and its shareholders.
2013
2015
Acquired 100% shareholding of Satviki Energy Private Limited (SEPLÂ) and Sarayu Wind Power (Tallimadugula) Private Limited (SWPTPLÂ), pursuant to share purchase agreements with SEPL and its shareholders and SWPTPL and its shareholders, respectively.
2015
2016
Acquired 100% shareholding of Vinirrmaa Energy Generation Private Limited (VEGPLÂ), Sarayu Wind Power (Kondapuram) Private Limited (SWPKPLÂ) and RBRK Investments Limited (RBRKÂ) pursuant to share purchase agreements with VEGPL and its shareholders, SWPKPL and its shareholders and RBRK and its shareholders respectively.
2017Â
Awarded 10 wind power projects of 50 MW each by SECI.
2016
2018
Awarded four wind power projects of 50 MW each and two wind power projects of 100 MW each by SECI.
2018
2020
Divested 100% shareholding in Sri Pavan Energy Private Limited, pursuant to a shareholders agreement entered into with KPR Infra & Projects Limited.
2020
2021
Divested 100% shareholding in Resco Global Wind Services Private Limited, pursuant to a share purchase agreement with Inox Wind Limited.
Divested 100% shareholding in Marut-Shakti Energy India Limited, Satviki Energy Private Limited, Sarayu Wind Power (Tallimadugula) Private Limited, Vinirrmaa Energy Generation Private Limited, Sarayu Wind Power (Kondapuram) Private Limited and RBRK Investments Limited, pursuant to respective share purchase agreements with Resco Global Wind Services Private Limited.
Changed the name of our Company from ÂInox Wind Infrastructure Services Limited to ÂInox Green Energy Services LimitedÂ.
Divested the business undertaking, assets and liabilities of the erection and commissioning services of wind turbine generators (EPC) business of our Company on slump sale basis, pursuant to a business transfer agreement with Resco Global Wind Services Private Limited.
Company name has changed to Inox Green Energy Services Ltd. from Inox Wind Infrastructure Services Ltd..
2021
2022
Divested 100% shareholding in Wind Two Renergy Private Limited to Torrent Power Ltd
.Divested 100% shareholding each in Wind One Renergy Limited, Wind Three Renergy Limited and Wind Five Renergy Limited to Adani Green Energy Limited.
Inox Green embarks on inorganic growth journey through its first acquisition ".
2022