INOXGFL Group companies have been confirmed as successful bidders for the Independent Power Producer and operations and maintenance arms of Wind World India through a National Company Law Tribunal approved resolution process. Inox Clean Energy, via its subsidiary Inox Neo Energies, will acquire Wind World India's operational megawatt (MW) portfolio of 600 MW while Inox Green Energy Services will acquire the wind operations and maintenance business of nearly 4.5 gigawatt (GW). The transaction will integrate assets and service contracts into the Group's renewable platform.

Wind World India's IPP assets total about 600 MW and are located across seven wind rich states including Karnataka, Maharashtra, Tamil Nadu, Rajasthan, Gujarat, Madhya Pradesh and Andhra Pradesh. The O&M portfolio to be acquired covers nearly 4.5 GW and services a broad client base including major corporate and public sector customers. Integration plans envisage continuity of long term service agreements and operational teams.

Inox Clean, the Group's integrated renewable platform, will use the operational assets to accelerate progress towards its medium term target of 10 GW of installed IPP capacity by FY28. The deal strengthens recurring revenue and operational scale to support future greenfield and inorganic growth. Group leaders signalled a focus on prudent capital allocation and efficiency.

Inox Green Energy Services manages about 13.3 gigawatt peak (GWp) of renewable assets under management and the acquisition will further reinforce its market position. The enlarged O&M book is expected to broaden customer relationships and deepen technical capabilities across states. The company intends to leverage group synergies to drive operational efficiency and sustained cash flow.

The INOXGFL Group described the transaction as complementary to its strategy of scaling IPP capacity and renewable services across India and select global markets. The integration is expected to support the Group's renewable and manufacturing ambitions without material change to disclosed plans. Investor relations contact details were provided for follow up.