Inox Group to acquire Wind World assets via NCLT plan
pre-market1 source ↓written by the desknot a recommendation
- purchase Wind World’s
- 600 MW operational IPP portfolio
- through its subsidiaries
- 4.5 GW O&M business
- for the acquisition
- ₹1,800-1,900 cr
The INOXGFL Group is set to acquire assets of Wind World India Ltd after creditors approved its resolution plan. The group will purchase Wind World’s 600 MW operational IPP portfolio and 4.5 GW O&M business through its subsidiaries. Reports suggest a bid of ₹1,800-1,900 cr for the acquisition, enhancing INOX's renewable energy footprint. ⚡
Not investment advice. For informational purposes only.