{"id":270696,"date":"2019-04-23T06:25:12","date_gmt":"2019-04-23T06:25:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270696"},"modified":"2019-04-23T06:29:55","modified_gmt":"2019-04-23T06:29:55","slug":"gail-emerges-as-highest-bidder-for-ilfs-wind-power-plants-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-emerges-as-highest-bidder-for-ilfs-wind-power-plants-2\/","title":{"rendered":"GAIL emerges as highest bidder for IL&amp;FS wind power plants"},"content":{"rendered":"<p>Debt-laden Infrastructure Leasing &amp; Financial Services (IL&amp;FS) Monday said GAIL (India) has emerged as the highest bidder for its seven operating wind power plants.<\/p>\n<p>The bidding process to these assets having 12 sites spread across seven states was launched in November last year.<\/p>\n<p>\u201cGail\u2019s offer of approximately Rs 4,800 crore for 100 percent enterprise value contemplates no hair-cut to the debt of the SPVs, aggregating to nearly Rs 3,700 crore,\u2019 the company said in a release.<\/p>\n<p>These wind power assets have a total generation capacity of 874 MW.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-laden Infrastructure Leasing &amp; Financial Services (IL&amp;FS) Monday said GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The bidding process to these assets having 12 sites spread across seven states was launched in November last year. \u201cGail\u2019s offer of approximately Rs 4,800 crore for 100 percent enterprise value contemplates no hair-cut to the debt of the SPVs, aggregating to nearly Rs 3,700 crore,\u2019 the company said in a release. These wind power assets have a total generation capacity of 874 MW.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,244,144],"tags":[],"class_list":["post-270696","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270696"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270696\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}