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Suraksha ARC gets wind energy co hit by insolvency

NEW DELHI: Lenders have recommended Suraksha Asset Reconstruction Company-led consortium’s plan to acquire a 76% stake in insolvency-hit Wind World India, a renewable energy equipment maker, in a Rs 1,100 crore deal. Wind World, which was earlier called Enercon India, has annual capacity to manufacture wind mills of around 1,100 MW and has O&M contracts […]

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