Inox Wind has sold a stake worth ₹175 crore in its EPC subsidiary, Inox Renewable Solutions (IRSL), at a valuation of ₹7,400 crore. The demerger of the substation business from Inox Green into IRSL received stock exchange approval. Inox Wind, part of the $12 billion INOXGFL group, has a 2.5 GW annual manufacturing capacity.
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