Khaitan & Co advised Inox Wind Limited (Inox Wind) in relation to agreements with American Superconductor Corporation (AMSC), AMSC Austria GmBH and their respective affiliates (collectively, “AMSC Group”) for licensing to Inox Wind.
The technology pertains to the manufacture of 2MW Electronic Control Systems; long-term supply of 2MW wind turbine generator electronic control systems; and collaboration with AMSC group to develop a 3 MW turbine specially designed for the Indian market.
Inox Wind is a public listed company listed on the BSE Limited and the National Stock Exchange of India Limited. Inox is one India’s leading renwable energy solutions provider with three state-of-the-art manufacturing facilities situated at Gujarat, Himachal Pradesh and Madhya Pradesh in India.
Haigreve Khaitan, partner; Bharat Anand, partner and Shruti Singh, senior associate, represented the client on the transaction.