Japan's ORIX Corp offers to match GAIL's bid for IL&FS Wind Energy

ORIX owns 49 per cent stake in IL&FS' wind portfolio, and GAIL has emerged the highest bidder for the remaining 51 per cent stake in these assets

Amritha Pillay Business Standard Mumbai
'Corporate' market for clean energy grows

GAIL’s ambition to expand its renewable portfolio through Il&FS’ wind portfolio faces a new hurdle. ORIX Corporation of Japan (ORIX) has now expressed its intent to exercise its right to buy out the r

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GAIL (India)

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First Published: May 19 2019 | 11:06 PM IST

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