Wind Energy

Indowind Energy receives approval for 18 MW wind farm at Chitradurga, Karnataka

Indowind Energy receives host country approval from Ministry of Environment and Forests. Indowind Energy has received the host country approval from Ministry of Environment and Forests, Government of India for the 18 MW wind power plant at Chitradurga, Karnataka.

This is the last milestone requited for submission to UNFCCC for consideration for the issuance of carbon emission certificates. The wind power project is estimated to generate about 32,000 CERs per year.

India’s First Wind Energy Company to get the Carbon Credits (Certified Emission Reductions) by UNFCCC under the Clean Development Mechanism.

Indowind raised Rs.73.34 Crores through IPO during 2007 for setting up of 9 MW Wind Farm Project in Chitradurga , Karnataka.

Indowind has issued $30 million (about Rs 118 crore) of foreign currency convertible bonds (FCCBs) with an option to raise an additional $5 million. The underlying equity shares on conversion will be listed on the BSE and the NSE. The FCCBs is listed at Singapore Stock Exchange.

Indowind has successfully commissioned 9 MW Wind Farm Project in Chitradurga, Karnataka on March 2008.

Branch Office opened at Dubai and London.

Indowind has successfully commissioned 9 MW Wind Farm Project in Chitradurga, Karnataka on March 2009.

Indowind Energy Limited develops wind farms for sale, manages the wind assets, and generates green power for sale to utilities and corporates. Turnkey implementation of Wind Power Projects, from concept to commissioning. Wind Asset Management Solution for installed assets, including operations, billing, collection of revenue to project customers. Supply of Green Power to Customers. CERs (Carbon Credit) Sales and Trading.

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