Indowind Energy has entered into an in-principle agreement to acquire 5.1 MW operational wind power project, with an expected investment between Rs 200-250 million. 

This acquisition is expected to enhance the company's renewable energy portfolio by adding stable generating capacity. The project is part of Indowind's long-term growth strategy, aimed at increasing generation efficiency, improving revenues, and boosting profitability. The company plans to explore hybridisation of the wind project, which will further optimise asset usage and ensure sustainable growth. The acquisition aligns with Indowind's focus on enhancing its renewable energy business while meeting all necessary statutory and regulatory compliances. 

Indowind Energy, a leading independent power producer (IPP), operates and maintains wind farms, supplying Green Power to corporates and utilities. With over 30 years of experience, the company is committed to expanding its renewable energy assets, improving operational efficiency, and ensuring reliable power generation through advanced technology and effective management.