Indowind Energy Limited Eyes Growth with Proposed 5.1 MW Operational Wind Project Acquisition

As part of its long-term growth strategy, the Company proposes to repower the acquired wind project and/or implement a hybrid solar project in the future, subject to feasibility evaluation and regulatory approvals. These initiatives are intended to enhance generation efficiency, improve asset utilisation, and support sustained growth in revenues and profitability over the long term.

The proposed transaction is aligned with Indowind Energy Limited’s focus on capacity enhancement, asset optimisation, and strengthening its renewable energy platform, while supporting long-term business growth.

Commenting on the development, Mr. Bala Venckat Kutti, Promoter of Indowind Energy Limited,

said: “The proposed acquisition of an operational wind asset supports our objective of strengthening our renewable energy base. The potential repowering and hybridisation of the project provides opportunities to improve generation efficiency and long-term returns, in line with our growth strategy.”

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