Wednesday, January 18, 2017

IL&FS in talks with Chennai-based Orient Power to merge its wind energy assets - Economic Times

#Energy

Economic Times

IL&FS in talks with Chennai-based Orient Power to merge its wind energy assets
Economic Times
With more than Rs 65,000 crore debt accrued to build power plants and roads, IL&FS has been trying to sell off its non-core assets and bring down leverage ratio with capital infusion. Orient Power, which was running at a loss since inception, turned ...

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