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Experion Developers offered Rs 450 cr for the real estate developer.
The lead investor is NIS (New Investment Solutions)
After this transaction, Brookfield Renewable will own 100% of X-ELIO
The bidders are IndiGrid, Torrent Power, and Edelweiss Infra Fund.
Funds will be used to meet upcoming repayments
Includes a green shoe option of Rs 1,000 crore.
Will explain its investment into Indian conglomerate Adani Group
Two sections of the coastal highway in Kozhikode district planned
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