The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by the consortium of Inox Neo Energies Limited and Authum Investment & Infrastructure Limited for Wind World (India) Limited (WWIL), paving the way for the acquisition of the company under the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code (IBC), 2016.
According to a regulatory filing by Inox Green Energy Services Limited, the company received the certified copy of the NCLT order on August 3, 2026. The approved plan has a total value of Rs. 2,775 crore and includes the acquisition of WWIL’s operation and maintenance (O&M) business by Inox Green.
Resolution plan
The consortium, led…