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Other Utilities
Acquisitions3 Aug 2026, 08:30 pm

Inox Green Energy Receives NCLT Order Approving Wind World Resolution Plan

AI Summary

Inox Green Energy Services Ltd announced on August 3, 2026, that it has received the certified copy of the National Company Law Tribunal (NCLT) Ahmedabad Bench's order approving the resolution plan for Wind World (India) Limited (WWIL). The resolution plan, submitted by a consortium including Inox Neo Energies Limited (INEL) and Authum Investment & Infrastructure Limited, was approved by WWIL's committee of creditors on February 19, 2026, with a 96.47% voting share. Inox Green Energy, directly or through its subsidiary, will acquire WWIL's operation and maintenance (O&M) business. INEL will acquire a controlling stake in WWIL, which will house its independent power producer (IPP) portfolio of approximately 600 MW. The acquisition is expected to add 4.5 GW to Inox Green Energy's O&M portfolio.

Key Highlights

  • NCLT approves resolution plan for Wind World (India) Limited.
  • Inox Green Energy to acquire WWIL's O&M business.
  • INEL to acquire controlling stake in WWIL's IPP business.
  • Acquisition to add 4.5 GW O&M portfolio to Inox Green Energy.