In an interview to CNBC-TV18, Devansh Jain, Executive Director of Inox Wind, talked about the company's order book, getting repeat orders from CESC's subsidiary, and why he expects better margins on newer orders going forward.
Inox will install 50 MW windmills in Andhra Pradesh and 20 MW in Madhya Pradesh, says Devansh Jain, executive director of Inox Wind.
Devansh Jain, wholetime director, Inox Wind says the company will log in strong FY16 growth numbers and adds the company will now focus on expansion.
The current operating capacity stands at 800-1000 MW, which would go up to 1600 MW by the end of the year, said Kailash Tarachandani, CEO, Inox Wind.
It is GMDC's first order with the company and will be a part of the 400 MW 'Inox Wind Park' project at Rojmal.
Devansh Jain, Director, Inox Wind speaks about the wind energy business in India. The company expects incremental orders worth 1,000-1,500 MW in the coming days. As of March 2015, it had an order book of 1400 MW.
In an interview to CNBC-TV18, Devansh Jain, Director, Inox Wind, talks about the company's fourth quarter results and its future outlook.