BHASKAR

India’s Inox GFL says wind firms pay $50 mln to decrease debt

BENGALURU, Nov 29 (Reuters) – Indian chemicals-to-vitality conglomerate Inox GFL mentioned on Tuesday its wind firms paid 4.11 billion Indian rupees ($50.3 million) to decrease debt.

Inox Wind Ltd (INWN.NS) and Inox Green Power Products and companies Ltd (INOG.NS), which made its stock market debut closing week, have paid 2.50 billion rupees and 1.66 billion rupees, respectively, Inox GFL mentioned in a observation.

Inox Wind’s rep debt stood at 9.21 billion rupees, as of March 31, 2022, according to an annual anecdote.

($1 = 81.6770 Indian rupees)

Reporting by Nandan Mandayam in Bengaluru; Modifying by Shounak Dasgupta

Our Requirements: The Thomson Reuters Have confidence Solutions.

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