Inox Green completes payment for transfer of Wind World India's 4.5 GW wind O&M biz
India, Oct. 7 -- Inox Green Energy Solutions has on October 6, 2026 completed the payment for the transfer of the wind O&M business of Wind World India (WWIL). The payment has been made through Inox Green's subsidiary Vibhav Energy (VEPL) pursuant to the Business Transfer Agreement (BTA) executed between VEPL and WWIL.This landmark transaction represents one of the most significant deals in India's renewable O&M sector. The O&M business of WWIL will be transferred to VEPL as a going concern, as per the terms of the BTA and the Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT).Inox Green will own 75% stake in VEPL post completion of the transfer and the implementation of the Resolution Plan, enabling line-by-line c...
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