Inox Wind and Inox Green Energy Services reduce debt by Rs 4.11 billion

Inox Wind Limited and its’ subsidiary Inox Green Energy Services Limited, as part of the strategic initiative to deleverage their respective balance sheets, have recently paid Rs 2.50 billion and Rs 1.61 billion (aggregating to Rs 4.11 billion) towards reducing their debt.

Consequently, the corporate guarantees given by Gujarat Fluorochemicals Limited, have been reduced to that extent. Both companies are in the process of further reducing their debt in due course.