Acquisitions19 Feb 2026, 08:48 am
Inox Green Energy Services Consortium Approved as Successful Resolution Applicant for Wind World (India) Limited
AI Summary
Inox Green Energy Services Limited ('IGESL') announces that the Committee of Creditors ('CoC') of Wind World (India) Limited ('WWIL') has approved the resolution plan submitted by the consortium led by Inox Neo Energies Limited and Authum Investment & Infrastructure Limited. The consortium has been declared as the Successful Resolution Applicant (SRA) for WWIL. The resolution plan includes Inox Neo Energies Limited acquiring WWIL's 600 MW operational IPP portfolio, and Inox Green Energy Services Limited acquiring and implementing the operations and maintenance (O&M) business of WWIL, subject to approval by the Hon’ble NCLT, Ahmedabad Bench, and compliance with the terms and conditions specified in the resolution plan.
Key Highlights
- Inox Green Energy Services Consortium approved as Successful Resolution Applicant for Wind World (India) Limited
- WWIL has approximately 600 MW installed IPP capacity and 4.5 GW O&M portfolio
- Inox Neo Energies Limited to acquire WWIL’s 600 MW operational IPP portfolio
- Inox Green Energy Services Limited to acquire and implement WWIL’s O&M business
- Approval by the Hon’ble NCLT, Ahmedabad Bench and compliance with terms and conditions in the resolution plan required