INOXGFL bids ₹1,800-1,900 cr for Wind World India
pre-market1 source ↓written by the desknot a recommendation
- for acquiring Wind
- ₹1,800-1,900 crore
INOXGFL Group has submitted a bid of ₹1,800-1,900 crore for acquiring Wind World India under the insolvency process. The company, previously a joint venture with Enercon, faces creditor claims of ₹5,900 crore. This move highlights INOXGFL's strategy to expand its renewable energy portfolio through its unlisted entity, Inox Clean Energy.
Not investment advice. For informational purposes only.