Mumbai, Nov. 19 -- Shares of Inox Wind advanced 0.53% to Rs 141.65 on the BSE.

Under the MoU, both the company will jointly develop 2.5 GW of wind and wind-solar hybrid power projects across multiple states in India.

KPE will undertake project development activities such as securing connectivity, land and right-of-way, obtaining statutory approvals, and executing balance of plant and engineering, procurement, and construction (EPC) works. KPE will also manage operations & maintenance (O&M) of balance of plant of the project. IWL will supply wind turbine generators and associated equipment, provide engineering support including USS design, transformer specifications, and foundation design, and will execute pre-commissioning, commissionin...