InoxGFL Group firms win bid for Wind World IPP and O&M businesses
Two companies under the INOXGFL Group have been declared successful bidders to acquire the Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses of Wind World India Limited. The transactions were executed through a consortium led by Inox Neo Energies and were finalised after approval from the Committee of Creditors (CoC) under the Corporate Insolvency Resolution Process (CIRP) overseen by the National Company Law Tribunal (NCLT). Under the approved resolution plan, Inox Clean Energy…
