What we do Indowind Energy Ltd develops, operates, and maintains wind power farms, selling renewable energy mainly to state electric boards and corporate clients in India. |
Founded in 1,995 |
Market share Established wind energy player with increasing generation capacity and diversified technology sources in Indian renewable sector. |
Problem solved Provides clean, renewable wind energy to reduce dependence on fossil fuels and support sustainable power needs of public and corporate sectors. |
Top clients or who we serve State electricity boards and corporate clients like Hindustan Coca Cola Beverages, United Breweries, and others; primarily B2B. |
Key management Dr. K.S. Ravindranath (Whole-Time Director), Mr. N.K. Haribabu (Whole-Time Director) |
Our journey and innovations Started in 1995 with 225 KW; expanded capacity to 16.825 MW and acquired multiple wind farms; pioneering repowering and turnkey wind solutions. |
Where we operate Operations primarily in Tamil Nadu and Karnataka, India with projects expanding through acquisitions and greenfield developments. |
Top products or what we offer Wind energy generation, operations & maintenance services, turnkey solutions for windmill installations, and green power supply. |
Top brands Indowind Wind Power Assets; No specific consumer brand names, focus on green electricity generation and maintenance services. |
Raw materials needed Wind Electric Generators and related equipment sourced from reputed manufacturers such as NEPC-MICON, VESTAS-RRB. |
Raw materials supplier Multiple suppliers including NEPC-MICON, VESTAS-RRB, AMTL-Wind World, AWT to diversify technology dependence. |
Recurring vs cyclical contribution Revenue mainly from recurring power sale contracts to state boards and corporates; operations relatively stable with some cyclical expansion. |
Our industry position Mid-sized wind power producer with growing renewable footprint in South India; positioned for expansion through acquisitions. |
Financial highlights FY 2024-25 consolidated revenue Rs. 35.81 crores, profit after tax Rs. 1.27 crores; rights issue raised Rs. 48.3 crores for expansion. |
Geographical revenue split 100% revenue derived from Indian operations; mainly Tamil Nadu and Karnataka regions. |
Order book - |
Whats driving growth Increasing wind farm acquisitions, repowering older sites, policy support for renewable energy, and corporate demand for green power. |
Our future plans Acquisition of additional wind assets, development of hybrid solar-wind projects, and merger with subsidiary Ind Eco Ventures Ltd for operational synergy. |
Our green promise Focus on renewable energy generation supporting sustainable development; adherence to environmental compliance and clean energy goals. |
Our people and values Employs 67 permanent staff fostering culture of safety, inclusivity, and regulatory compliance with focus on long-term sustainability. |
Key challenges ahead Grid connectivity constraints, fluctuating wheeling charges, and need for regulatory approvals for new projects. |
Interesting facts First commercial operation in 1995 with 225 KW; diversified supplier base to avoid single technology dependence. |
Risks and strategy Mitigates operational risks through diversified equipment sourcing; growth through strategic acquisitions and expanding service offerings. |
