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Indowind Energy repurchases bonds amounting to $8.5 million

Date: 26-12-2012

Indowind Energy has repurchased bonds amounting to $8.5 million for cancellation. The company has also fully repaid the cash credit liability with Bank of India, Mumbai as of date.

Indowind Energy is engaged in selling ready-to-buy wind farm projects to corporate as well as state governments. It has strong capabilities and expertise in areas like project management, robust managerial and financial resources and experience in the operations of wind farms.