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Inox Green to divest 100% stake in Nani Virani SPV

Inox Green Energy Services (IGESL) has announced its divestment of a 100% stake in Nani Virani Wind Energy Private Limited SPV, a 50 MW operational wind farm in Gujarat. The move is part of IGESL s strategic decision to become debt-free and shift towards an asset-light annuity O&M business. The transaction is subject to regulatory and banking approvals.

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