 "OGPL")
Orient Green Power Company Limited (OGPL), which is part of the Shriram Group and a renewable energy-based power generation company, is looking to sell its bulk of biomass operations to its promoter company- Shriram Ventures Ltd (SVL Ltd) or its subsidiaries. The enterprise value of the sale is estimated to be around Rs 275 crore. The development comes ahead of company's plan to merge it's wind energy assets with IL&FS Wind Energy Ltd.
OGPL generated 96 megawatts (MW) of biomass energy, out of which 30 MW was already sold to Rajasthan and Maharashtra. The company is now planning to sell
