Inox Wind reopens manufacturing plants with due permission

Indian wind energy service provider, Inox Wind Ltd, informed that all the three manufacturing plants of the company have resumed operations now.

In a regulatory filing made on April 27, the company announced that after obtaining all the necessary permissions, Inox Wind’s manufacturing plants that were shutdown due to the nationwide lockdown post COVID-19 outbreak, have resumed operations now. The list includes the company’s manufacturing plants located in Barwani (Madhya Pradesh), Ahmedabad (Gujarat) and Una (Himachal Pradesh).

In addition to this, the company said that the manufacturing plants would operate as per the guidelines issued by Government of India as well as in compliance with the required safety guidelines & directives issued by other local authorities, state governments and so on. Inox Wind Ltd also said that it will take all possible measures in order to safeguard its employees, labourers and all other stakeholders to prevent the spread of Coronavirus.

At the time of market closing on Monday, the stock of Inox Wind Ltd was trading at Rs 26.15, up by 0.77 per cent against its previous close of Rs 25.95. Its 52-week high is Rs 74.80 while, its 52-week low is Rs 16.00 on BSE.