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Birds fly past the logo of India’s state-owned natural gas utility GAIL (India) Ltd installed on its corporate office building in New Delhi, April 26, 2018. REUTERS/Adnan Abidi
(Reuters) – India’s debt-ridden Infrastructure Leasing and Financial Services (IL&FS) said on Monday that GAIL (India) Ltd has emerged as the highest bidder for seven of its wind power plants.
GAIL has offered about 48 billion rupees ($689.31 million) for the wind energy assets.
Reporting By Arnab Paul in Bengaluru; Editing by Shreejay Sinha
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