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Inox Green Completes Rs 550 Crore Wind World Deal to Add 4.5 GW Portfolio
M
Moneycontrol•07-10-2026, 13:44
Inox Green Completes Rs 550 Crore Wind World Deal to Add 4.5 GW Portfolio
- •Inox Green Energy Solutions completed the payment for the Rs 550 crore transfer of the wind O&M business of Wind World India Ltd.
- •The transaction was executed through Inox Green's subsidiary Vibhav Energy Pvt Ltd following an NCLT-approved resolution plan.
- •Inox Green will hold a 75 percent stake in Vibhav Energy, enabling line-by-line financial consolidation.
- •The newly acquired 4.5 GW portfolio serves prominent clients like the Tata Group, ReNew, Greenko Group, and others across key wind-rich states.
Key Questions Answered
Inox Green completed the payment for the transfer of the wind O&M business of Wind World India Ltd for a total consideration of Rs 550 crore, including taxes.
The transaction adds a high-quality 4.5 GW portfolio that services a marquee client base including the Tata Group, ReNew, Greenko Group, Apraava Energy, and Hindustan Zinc.
The payment was made through Inox Green's subsidiary, Vibhav Energy Pvt Ltd, pursuant to a Business Transfer Agreement executed between VEPL and WWIL.
