INOX Green Energy Services Ltd, through its INOX NEO initiative, has announced that the Authum Investment Consortium has been selected as the successful resolution applicant for the acquisition of Wind World India’s operations and maintenance (O&M) business. This strategic move strengthens INOX Green’s renewable energy portfolio and enhances its wind services footprint.
INOX Green Energy Services Ltd has achieved a significant milestone in India’s renewable energy sector. The company confirmed that the Authum Investment Consortium has been chosen as the successful resolution applicant for the acquisition of Wind World India’s O&M business, which manages over 4.5 GW of wind assets.
The acquisition, valued between ₹550–600 crore, is part of a court-supervised insolvency process under the National Company Law Tribunal (NCLT). This strategic move will expand INOX Green’s service capabilities, ensuring stronger operational stability and positioning the company as a key player in India’s wind energy services market.
Through its INOX NEO initiative, INOX Green aims to deliver next-generation renewable energy solutions, combining innovation with sustainable growth. The successful resolution highlights investor confidence in India’s clean energy transition and underscores the importance of strategic partnerships in driving sectoral consolidation.
Key Highlights
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Resolution Applicant: Authum Investment Consortium
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Acquisition Target: Wind World India’s O&M business (4.5 GW assets)
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Bid Value: ₹550–600 crore
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Process: Court-supervised insolvency under NCLT
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Initiative: INOX NEO – advancing next-generation renewable solutions
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Impact: Strengthens INOX Green’s wind energy services portfolio and financial stability
Sources: ETEnergyWorld, Open Access Exchange, Money Times