* - Tentative Dates
The Object of the Issue is:
Repayment of secured loan obtained by the Company from EXIM Bank of India under the negotiated terms.
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 291.51 | 20.67 | 0.22 |
| 31-Mar-22 | 287.8 | 27 | 0.13 |
| Amount in โน Crore | |||
Indowind Enery limited was incorporated in july 1995. They started developing wind farms in a small way by installing 1 no. of 225 KW Wind Electric Generator, in September 1995. The Company is currently in the process of implementing additional 9MW capacity in Karnataka
They offer 'Green Power' to its customers, which include State Electricity Boards and Corporates. Other than the above they are also into the business of providing O&M services for windmills.
IEL has been selling the power generated to TNEB and various private corporate clients in Karnataka such as Hindustan Coca Cola Beverages Private Limited, Karnataka Distilleries Limited, United Breweries Limited , H&R Johnson India Limited, Delphi Automotive Systems Private Limited and Spicer India Limited. Under third party sale, the electricity revenues generated from the corporate clients are more than the revenue generated from the sale to SEBs. the revenue generated from the sale to SEBs.
The current scope of operations of its Company includes: