Inox Wind's Resco Global Secures Rs 350 crore to Boost Wind Energy Projects

Inox Wind's EPC projects arm, Resco Global, has received board approval to raise Rs 350 crore in equity from marquee investors. The funds will be used to scale up operations and tap into large-scale opportunities in India’s wind sector. Resco Global is a leading wind EPC service provider in the country.

Inox Wind's EPC projects arm, Resco Global, has received the board's approval for a Rs 350 crore equity raise from marquee investors.

The funds will be used to scale up business offerings and capitalize on emerging opportunities in India's wind sector, as per a company statement.

Resco Global, a top wind EPC service provider with over 14 years of operational experience, offers comprehensive services from project conceptualization to commissioning and the construction of transmission infrastructure.

INOXGFL Group Executive Director Devansh Jain and Inox Wind Group CEO Kailash Tarachandani emphasized the strategic timing and potential for significant growth from the fundraising.