Archive · 3 Oct 2025
Omkara ARC Acquires Wind World India's Debt
Omkara ARC, related to Areion Group, bought Wind World India's debt from NARCL.
This debt was originally ₹3,763 crore, and Omkara ARC invested ₹1,225 crore.
This gives Omkara ARC control in deciding WWIL's financial future.
WWIL, formerly known as Enercon India, manages wind energy projects.
Because the previous plan to fix the debt was withdrawn, new proposals will be sought, allowing for new investment and business revival of the bankrupt company.
This could help improve the renewable energy sector.
Omkara ARC acquired Wind World India's debt.
The debt was purchased from NARCL for ₹1,225 crore.
Omkara ARC has 80% voting rights in the Committee of Creditors.
WWIL, formerly Enercon India, operates 650 MW of renewable energy.
NCLT approved the withdrawal of the existing resolution plan.
- Who
- Omkara ARC acquired Wind World India's debt from NARCL.
- What
- Omkara ARC acquired ₹3,763 crore debt of Wind World India.
- When
- The acquisition was recently finalized.
- Where
- Wind World India operates across multiple Indian states.
- Why
- To lead the Corporate Insolvency Resolution Process (CIRP).
- Acquirer
- Omkara Asset Reconstruction Company (ARC)
- Debt Acquired
- ₹3,763 crore
- Investment
- ₹1,225 crore
- From
- National Asset Reconstruction Company Ltd (NARCL)
- Company Involved
- Wind World India Limited (WWIL)
- WWIL Renewable Energy
- 650 MW
- Voting Share
- 80% in Committee of Creditors (CoC)
