The INOXGFL Group has won 600 MW of independent power producer (IPP) and 4.5 GW of operations and maintenance (O&M) businesses of wind energy developer Wind World India.

The businesses were won through the National Company Law Board-approved resolution process.

The acquisition will be executed through two group companies. Inox Clean Energy will acquire the IPP portfolio via its subsidiary, Inox Neo Energies, and Inox Green Energy will acquire the O&M business.

Wind World India’s IPP capacity of approximately 600 MW comprises operational wind projects in Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh, and Andhra Pradesh.

These assets will be integrated into Inox Clean’s renewable energy platform, which develops, owns, and operates utility-scale wind, solar, and hybrid projects.

The acquisition will increase Inox Clean’s operational wind portfolio and support its medium-term target of achieving 10 GW of installed renewable IPP capacity and 11 GW of integrated solar manufacturing capacity by the financial year 2028 through its manufacturing arm, Inox Solar.

The O&M business being acquired by Inox Green covers nearly 4.5 GW of wind energy assets under maintenance, with a diversified client base that includes major renewable energy and industrial companies such as the Tata Group, ReNew, Greenko Group, Apraava Energy, and Hindustan Zinc.

Following the acquisition, Inox Green’s total renewable assets under management will increase beyond its current portfolio of approximately 13.3 GW.

Earlier this year, Inox Green Energy signed an agreement with engineering, procurement, and construction solutions provider KEC International to provide O&M services for a 625 MW solar project at Bhadla, Rajasthan.

In the same month, Inox Clean Energy, along with its subsidiary, Inox Solar, raised equity totaling ₹31 billion (~$342.83 million), valuing the company at ₹500 billion (~$5.54 billion) pre-money. The company said it will use the proceeds to expand capacity across its renewable independent power production (IPP) and solar manufacturing verticals.

In December 2025, Inox Clean Energy acquired the Indian IPP portfolios of Vibrant Energy, a Macquarie-owned platform.