NARCL Sells Rs 37.63 Billion of Wind World Debt to Omkara ARC
POWER & RENEWABLE ENERGY

NARCL Sells Rs 37.63 Billion of Wind World Debt to Omkara ARC

The National Asset Reconstruction Company Limited (NARCL) has successfully sold Rs 37.63 billion of Wind World’s outstanding debt, marking a significant step in managing stressed assets within India’s renewable energy sector. The transaction forms part of wider efforts to resolve non-performing loans and bolster financial stability in the industry.

Omkara ARC emerged as the anchor bidder in the deal, demonstrating strong investor interest in renewable energy debt. Anchor bidders play a vital role in ensuring successful debt resolution and attracting participation from other investors in such distressed asset sales.

The sale is expected to streamline Wind World’s financial structure. By transferring stressed assets to asset reconstruction companies, the company can focus on operational stability and long-term sustainability, while reducing the burden of legacy liabilities.

This move highlights the growing role of asset reconstruction companies in India’s clean energy sector. NARCL’s initiative illustrates how structured interventions can revive stressed renewable energy projects, safeguarding the interests of both creditors and investors.

Omkara ARC’s participation signals confidence in Wind World’s potential for operational turnaround. Investors are expected to implement strategies to stabilise the company’s finances, improve cash flows, and explore growth opportunities within the wind energy market.

The deal also benefits lenders by facilitating recovery of dues. Selling stressed debt to specialised companies like Omkara ARC enables banks and financial institutions to clean up their balance sheets and redirect resources towards new investment opportunities.

Industry analysts view the transaction as part of a broader trend to resolve stressed assets in India’s renewable energy sector. With renewable capacity expanding, addressing financial stress is crucial to maintaining investor confidence and ensuring uninterrupted project execution.

The deal underscores the importance of effective asset management and structured debt resolution mechanisms. By enabling focused intervention by asset reconstruction companies, NARCL aims to establish a sustainable framework for managing large-scale stressed debts in the sector.


The National Asset Reconstruction Company Limited (NARCL) has successfully sold Rs 37.63 billion of Wind World’s outstanding debt, marking a significant step in managing stressed assets within India’s renewable energy sector. The transaction forms part of wider efforts to resolve non-performing loans and bolster financial stability in the industry.Omkara ARC emerged as the anchor bidder in the deal, demonstrating strong investor interest in renewable energy debt. Anchor bidders play a vital role in ensuring successful debt resolution and attracting participation from other investors in such distressed asset sales.The sale is expected to streamline Wind World’s financial structure. By transferring stressed assets to asset reconstruction companies, the company can focus on operational stability and long-term sustainability, while reducing the burden of legacy liabilities.This move highlights the growing role of asset reconstruction companies in India’s clean energy sector. NARCL’s initiative illustrates how structured interventions can revive stressed renewable energy projects, safeguarding the interests of both creditors and investors.Omkara ARC’s participation signals confidence in Wind World’s potential for operational turnaround. Investors are expected to implement strategies to stabilise the company’s finances, improve cash flows, and explore growth opportunities within the wind energy market.The deal also benefits lenders by facilitating recovery of dues. Selling stressed debt to specialised companies like Omkara ARC enables banks and financial institutions to clean up their balance sheets and redirect resources towards new investment opportunities.Industry analysts view the transaction as part of a broader trend to resolve stressed assets in India’s renewable energy sector. With renewable capacity expanding, addressing financial stress is crucial to maintaining investor confidence and ensuring uninterrupted project execution.The deal underscores the importance of effective asset management and structured debt resolution mechanisms. By enabling focused intervention by asset reconstruction companies, NARCL aims to establish a sustainable framework for managing large-scale stressed debts in the sector.

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App