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 Urban

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Next Story
Infrastructure Urban

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Next Story
Infrastructure Energy

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement