The National Company Law Tribunal (NCLT), Ahmedabad bench, has approved the resolution plan submitted by a consortium comprising Inox Green Energy Services and Authum Investment & Infrastructure Limited. The tribunal orally pronounced the order on July 27, 2026, validating the acquisition of key assets from Wind World (India) Limited (WWIL). This regulatory green light enables the formal transfer of WWIL's operations, significantly expanding Inox Green's footprint in the renewable energy sector.

Transaction Structure

The approved resolution plan, dated February 13, 2026, with an addendum dated May 20, 2026, outlines a bifurcated asset acquisition strategy between the two consortium members. INOXGFL Group companies will acquire WWIL's independent power producer (IPP) and power sale undertaking, along with its operations and maintenance (O&M) business. Concurrently, Authum Investment & Infrastructure Limited or its affiliates will acquire certain identified real estate assets and other specified assets of WWIL.

Portfolio Expansion

The acquisition adds WWIL's established 4.5 GW wind O&M portfolio to Inox Green's existing operations. Post-approval, Inox Green's combined managed capacity is projected to reach approximately 13 GW. This consolidation positions the company as a dominant player in India's wind energy operations and maintenance landscape, leveraging the scale of the acquired assets.

Regulatory Context

This disclosure follows the earlier approval by WWIL's committee of creditors in February 2026, which declared the consortium as the successful resolution applicant. The NCLT's order formalizes this process under the Insolvency and Bankruptcy Code framework. A detailed disclosure regarding the written certified copy of the order will be issued once available, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

inox green energy services has reported revenue of around ₹426 crore for FY26. Alongside this, Wind World's operations and maintenance revenue stood at approximately ₹600 crore.

Key Financial Highlights

The following table summarises the key revenue figures reported:

The reported figures reflect the scale of operations across Inox Green's business as well as the operations and maintenance segment associated with Wind World for FY26.