India's Inox Wind surges on NTPC unit commissioning project

Inox Wind

06/11/2023 07:48

** Shares of Inox Wind  INWN.NS  up 11.3% at 234.90 rupees,
their highest levels since July 12, 2016
    ** Co says NTPC Renewable Energy announced commissioning of
the first part of its 150 megawatt (MW) wind energy project in
Gujarat
    ** Adds it has supplied and installed 25 wind turbine
generators; its unit to provide maintenance services for 25
years
    ** Co setting up 500 MW of wind capacity for key customer
NTPC  NTPC.NS , INWN says
    ** More than 11.4 mln shares changed hands by 1:06 p.m. IST,
4.6x 30-day avg
    ** Stock last up 9.6% taking YTD gains to 117%

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))