Inox Wind signs Rs 22 Bn consortium agreement led by ICICI Bank

Wind energy solutions provider Inox Wind Limited (IWL) has entered into a consortium agreement with a group of 10 banks, led by , the company announced.

The agreement provides credit facilities worth approximately Rs 22 billion, with the possibility of increasing this to Rs 24 billion based on a working capital assessment conducted by ICICI Bank.

Shares of Inox Wind closed in the green with a rise of 5.16 per cent, at Rs 253.90 apiece on BSE. The company also said that these limits are mainly non-fund based, including bank guarantees (BGs) and letters of credit (LCs). The facilities have been granted against IWL's balance sheet, without requiring corporate guarantees or additional financial support from its parent, Gujarat Fluorochemicals Ltd. (GFL).

This agreement will terminate, for the foreseeable future, any previous corporate guarantees or financial support that GFL has provided to IWL.

Renewable Energy - Related Products

All Categories Alexa Skills Amazon Devices Amazon Fashion Amazon Fresh Appliances Apps & Games Baby Beauty Books Car & Motorbike Clothing & Accessories Collectibles Computers & Accessories Deals Electronics Furniture Garden & Outdoors Gift Cards Grocery & Gourmet Foods Health & Personal Care Home & Kitchen Industrial & Scientific Jewellery Kindle Store Luggage & Bags Luxury Beauty Movies & TV Shows Music Musical Instruments Office Products Pet Supplies Prime Video Shoes & Handbags Software Sports, Fitness & Outdoors Subscribe & Save Tools & Home Improvement Toys & Games Under 500 Video Games Watches

Search

Amazon Brands

Bestsellers

Bioenergy

Geothermal Energy

Hydropower

Renewable Media

Solar Energy

Wind Power

by Generic

Generic 6X(18V 2.5W Polycrystalline Stored Energy Power Solar Panel Mo N5Q9

Price: 8699 17399

You Save: -50%

by Hoseten

Wind Generator, 3Pcs 580MM Automatically Adjustable Windward, Human-Friendly Design, Wind-Mill Generator, for Generate Electricity Power Generation(12V)

Price: 44609 89199

You Save: -50%

by Generic

TiMi Trends H3PVC Wind Power Wind Direction Indicator Model Kid Geography Teaching Aid

Price: 2954 5908

You Save: -50%

by ADIUM

Solar Charger, Solar Energy Panel Light Weight Charging Panel for Carts for Surveillance Cameras for Car Batteries for Laptops'$

Price: 6238 12476

You Save: -50%

by EYESIGN

EYESIGN Educational 13 in 1 Solar Robot Kit - Powered by The Solar Energy - DIY Build Kit Building Science Project Experiment Kit - for Kids, Children & Girls (B2-VR6L-WRSI)

Price: 489 1999

You Save: -76%

by Nexus Solar Energy

Nexus Solar Energy Nexus Bi-Facial Solar Panel 190 Watt-12V

Price: View At Amazon

by Generic

14-in-1 Solar Educational Robot Kit Toys - Powered by The Solar Energy - Building Kit DIY Assembly Battery Operated Robotic Set - for Kids, Children & Girls

Price: 909 1999

You Save: -55%

by UBERSWEET

Ubersweet Wind-Mill Generator, Wind Generator, 24V 12V, Flange Connection Installation, 3Pcs 580MM Home for Generate Electricity Industry Power Generation(12V)'

Price: 72879 145799

You Save: -50%

by Ketsicart

Ketsicart Solar Panel Cable, Energy Saving Low Resistance Solar Cell Extension Cable for Industry (Red 6mm? 50m)

Price: View At Amazon

by Green Lantern Energy

Green Lantern Energy Polycrystalline 100W Solar Panel

Price: View At Amazon

by Socialme

Motor Generator, Alternator 24V 400W Turbine Wind Power Generator for Generators for Wind Turbine(Motor)

Price: 23112 34668

You Save: -33%

by UBERSWEET

Ubersweet DC Circuit Breaker, Miniature Circuits Breakers Durable 20kA Breaking Capacity for Photovoltaic Solar Energy for Wind Power

Price: 11099 22199

You Save: -50%

by 01 02 015

Wind Power Generator, 24V 400W Alternator 3-Phase Permanent Magnet Generator Turbine for Generators for Wind Turbine(Motor + rectifier)

Price: 34964 69899

You Save: -50%

by JUNIOR SCIENTIST

WIND POWER STREET LIGHT

Price: 499 550

You Save: -9%

by Yosoo

Yosoo Solar Home Power Generation Lighting System, Solar Energy USB Charging 2 LED Bulbs, Ideals for Indoor Lighting, Outdoor Lighting, Power Failure, Camping, Areas Without Electricity

Price: 7959 15918

You Save: -50%

by Epyz

Epyz ABS Plastic Solar Light Outdoor Hanging 16Ledx2, 5500Mah Battery,Indoor Ip65 Waterproof Lamp With Double Head [Warm Yellow Light, Pack of1]

Price: 3108 3999

You Save: -22%

by Airshi

Cience Model, Wind Turbine Generator Kit Wind Turbine Kit Electricity Generator DIY Kit Small Motor for Teaching for Model Wind Power Parts

Price: 2014 3999

You Save: -50%

by Adium

Adium Solar Panel Wire, Large Carrying Capacity Insulated Low Resistance Copper Tinned Energy Saving Solar Extension Cable for Industry Red 6mm? 50m

Price: 38762 77524

You Save: -50%

view more..