NARCL auctions Rs 3,763-crore debt of Wind World India
The National Asset Reconstruction Company (NARCL), a government-backed bad loan bank, is selling the debt of Wind World India. The debt, which was acquired for Rs 3,763 crore approximately 18 months ago, has a reserve bid set at Rs 1,250 crore. Omkara ARC has emerged as the anchor bidder, matching the reserve bid of around…

