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These companies include Wind World, RRB Energy, NEPC Micon, Pioneer Windcon, etc. among others. "There were 32 players in 2016-17, now it is down to 12. And of these, four are in NCLT," said Ajay Devaraj, secretary general, the Indian Wind Power Association (IWPA), adding that in 2017, after the government changed the wind energy bidding norms from feed-in-tariff to auction regime, the business model of these companies changed and captive generation died.

Renewable Energy Stocks: India has become the 4th largest player globally in wind and solar power, with renewable energy capacity surpassing 179.5 GW. The surge in green energy is driving India's ambitious climate goals and electrifying stock markets.

Inox Renewables had assets of 260 MW across Rajasthan, Maharashtra, Madhya Pradesh, and Tamil Nadu. The Inox Group's renewable and chemical arms currently comprise three listed entities--Gujarat Fluorochemicals (GFL), Inox Wind Energy (IWEL), and Inox Wind (IWL). IWL provides end-to-end turnkey solutions. IWEL is the holding company of the wind business.

A round-up of top newspaper stories to keep you ahead of others.

Inox Wind Energy sold 3.83 crore equity shares or 11.77 percent stake in Inox Wind