Inox Wind’s share price affected a 52-week high of Rs 202.85, rising 4% in early trade after the firm received a ‘Type Certificate’ for a new generation 3 MW wind turbine with a booster capacity of 3.3 MW.
This certification indicates that the prototype turbine has met the necessary serial production and commissioning requirements.
TUV SUD’s certification process comprised rigorous testing and verification with the internationally familiar standard, IEC 61400-22, and the Type Certificate issued is valid worldwide.
Further, the Type Certificate confirms that the theoretical design calculations for Inox Wind’s 3 MW wind turbine imitate the expected behaviour of the turbines measured on the field.
Inox Wind’s 3 MW turbine, established with globally famous AMSC as the technology partner, features a 100 m tubular tower and 145 m rotor diameter. This wind turbine offers the lowest energy costs on a per unit basis given its compact design, after lower production costs, transport & logistics, and installation, giving a sustainable edge in the Indian WTG market.
At 9:28 am, Inox Wind was trading at Rs 194.00, down Rs 0.85, or 0.44% on the BSE.