{"id":494212,"date":"2022-05-28T10:50:16","date_gmt":"2022-05-28T05:20:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=494212"},"modified":"2022-05-28T12:12:13","modified_gmt":"2022-05-28T06:42:13","slug":"waaree-energies-gets-nclt-nod-to-acquire-indosolar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/waaree-energies-gets-nclt-nod-to-acquire-indosolar\/","title":{"rendered":"Waaree Energies gets NCLT nod to acquire Indosolar"},"content":{"rendered":"<p>PV module manufacturer, Waaree Energies has received the approval from the National Company Law Tribunal, Delhi Bench (NCLT) to acquire Indosolar Limited, a manufacturer of solar cells.<\/p>\n<p>The acquisition is under the corporate insolvency resolution process (CIRP) initiated by the lenders of Indosolar NSE 4.11 % Limited under the Insolvency and Bankruptcy Code 2016. <\/p>\n<p>This acquisition will facilitate augmentation of solar cell manufacturing capacity of Waaree Energies to 5.4 GW from the currently planned 4 GW and will complement its planned expansion in solar module manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PV module manufacturer, Waaree Energies has received the approval from the National Company Law Tribunal, Delhi Bench (NCLT) to acquire Indosolar Limited, a manufacturer of solar cells. The acquisition is under the corporate insolvency resolution process (CIRP) initiated by the lenders of Indosolar NSE 4.11 % Limited under the Insolvency and Bankruptcy Code 2016. This acquisition will facilitate augmentation of solar cell manufacturing capacity of Waaree Energies to 5.4 GW from the currently planned 4 GW and will complement its planned expansion in solar module manufacturing.<\/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":[130,239,136],"tags":[],"class_list":["post-494212","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494212","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=494212"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494212\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=494212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=494212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=494212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}