Authum consortium selected for Wind World India resolution, Rs 350 Cr commitment
AIIL · price
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Authum, with Inox Neo Energies, declared Successful Resolution Applicant for Wind World (India) Limited under IBC. Authum will acquire identified real estate and other assets for about Rs 350 crore, while Inox will take the IPP and O&M business. Letter of Intent accepted on Feb 19, 2026. Subject to NCLT Ahmedabad approval. Completion within 60 days post approval. WWIL has 550 MW capacity and Rs 666 Cr turnover.
Positive: expansion into renewable energy assets via insolvency resolution. Subject to NCLT approval. Rs 350 Cr capital commitment.