The transaction takes Inox Green’s overall O&M portfolio to around 13.3 GWp. Following completion of the deal, the company will hold a 75 per cent stake in Vibhav Energy
Under the transaction, Wind World India’s O&M operations will be transferred to VEPL as a going concern
The projects are also expected to create around 4.9 lakh jobs as commercial coal mining expands following the opening of the sector to private participation
The increase applies to lump ore containing 65.5 per cent iron. NMDC has kept the price of iron ore fines, with iron content of 64 per cent or lower, unchanged at Rs 4,500 per tonne