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Orix may use right of first refusal if IL&FS renewable gets bids below Rs 2,300cr

Lack of fresh capacity addition, relatively low plant load factor and rising receivables from state transmission companies could weigh on valuations Orix Corporation is likely to exercise its right of first refusal if bids to acquire the renewable energy business of Infrastructure Leasing & Financial Services (IL&FS) falls below the threshold price of Rs 2,300 […]

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