INOXGFL acquires 600 MW Wind World India IPP assets and 4.5 GW O&M portfolio
INOXGFL Group units have won the bid to acquire 600 MW of operational wind IPP capacity and nearly 4.5 GW of O&M assets from bankrupt Wind World India, strengthening their position in the Indian wind market.
Transaction date: · Source: linkedin.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 600 MW
- Transaction price
- Not disclosed
- Buyer
- INOXGFL Group units
- Seller
- Wind World India
- Country
- India
- Location
- Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh.
- Continent
- Asia
- Development status
- Operational
- PPA
- n.a.
Technology details
The acquisition includes 600 MW of independent power producer (IPP) wind capacity and an operations and maintenance portfolio of nearly 4.5 GW.
Additional information
INOXGFL Group won the bid to acquire units of bankrupt Wind World India, expanding its presence in India’s wind energy sector through both IPP assets and a large O&M services portfolio.
Source
Original announcement: https://www.linkedin.com/showcase/inoxgfl/posts/?feedView=all