- CEO
- J. K. Shridhar
- Full Time Employees
- 69
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Kothari Buildings Chennai TN India 600034
- IPO Date
- Sep 17, 2007
- Business
- Indowind Energy Limited Indowind Energy Limited (INDOWIND.NS) operates as an independent power producer in the renewable energy sector, primarily focused on wind power generation, development, and asset management. The company develops and commissions wind farms on a turnkey basis from concept to operation; provides comprehensive wind asset management solutions encompassing operations, maintenance, billing, and revenue collection; sells Green Power to utilities such as state electricity boards and corporate customers; and engages in the trading of Certified Emission Reductions (CERs) or carbon credits. It maintains a portfolio of approximately 49.6 megawatts across 123 windmills located in Tamil Nadu and Karnataka, serving corporate and utility clients with diversified turbine technologies to optimize availability and performance.
Founded in 1995 and headquartered at Kothari Buildings, 4th Floor, 114 Mahatma Gandhi Road, Nungambakkam, Chennai, Tamil Nadu 600034, India, Indowind Energy Limited concentrates its operations within India, aspiring to expand as a global player in wind energy while leveraging over two decades of domain expertise.
In recent developments, the company approved a rights issue of up to ₹50 crore in November 2025, offering 3.22 crore equity shares at ₹15.35 each (including a ₹5.35 premium) on a 1:4 ratio to eligible shareholders, with the issue opening December 1, 2025, to fund expansion plans; this follows a prior 2024 rights issue that was oversubscribed 1.38 times and listed in August 2024. Financial results reflect revenue of ₹35.81 crore and profit after tax of ₹1.27 crore for the fiscal year ended March 31, 2025, amid ongoing efforts to enhance wind farm efficiency and infrastructure.