INOXGFL Group secures ₹2,800 crore NCLT deal
after close1 source ↓written by the desknot a recommendation
- under NCLT approval
- ₹2,800 crore
INOXGFL Group has successfully bid for the IPP and O&M businesses of Wind World India, valued at ₹2,800 crore under NCLT approval. The acquisition will be executed through Inox Clean Energy and Inox Green Energy, enhancing the group's renewable energy platform and annuity revenue streams. This strategic move may boost investor sentiment in the renewable sector. ⚡
Not investment advice. For informational purposes only.