Wind mills, Chalkewadi Satara, Maharashtra state of India|Image Credit: ePhotocorp
Omkara Asset Reconstruction Company (Omkara ARC), sis business of Areion Group, has actually effectively gotten 3,763 crore financial obligation of Wind World India Limited (WWIL)from the National Asset Reconstruction Company Limited(NARCL ), specified a main release on Friday.
This tactical acquisition, settled under the Swiss Challenge technique, positions Omkara ARC as the lead decision-maker in WWIL’s continuous Corporate Insolvency Resolution Process (CIRP), holding an 80 percent ballot share in the Committee of Creditors (CoC) after a financial investment of 1,225 crore. The deal is a considerable turning point for Omkara ARC, highlighting its dedication to high-impact, infrastructure-linked financial investments, especially within the renewable resource domain.
WWIL, previously Enercon India Ltd, is a crucial gamer in the nation’s wind energy sector, running 650 MW of renewable resource tasks and handling the Operations & & Maintenance(O&M) for 4,500 MW of set up capability throughout Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Rajasthan, Tamil Nadu and Madhya Pradesh.
NCLT approval
The 3,763 crore financial obligation was initially designated to NARCL by a consortium of leading lending institutions almost 18 months earlier. With the National Company Law Tribunal (NCLT) allowing the withdrawal of the existing resolution strategy, the course has actually now been cleared for welcoming fresh expressions of interest from possible resolution candidates.
Discussing the acquisition, Manish Lalwani, Co-Founder and Managing Director, Areion Group, stated, “This acquisition is more than a tactical financial investment, it’s a reaffirmation of our dedication to India’s financial revival through resolution of complex, high-impact possessions. Wind World India represents a vital piece of the nation’s renewable resource facilities, and we are happy to take the lead in opening its complete capacity. At Omkara ARC, we specializse in handling unique scenarios with accuracy and function, and this offer highlights our function in driving sustainable development, bring back business worth, and contributing meaningfully to the nationwide economy”.
Omkara ARC’s acquisition strengthens its growing impact in the distressed property area and its dedication to backing high-potential chances in the tidy energy domain.
Released on October 3, 2025
