January 9, 2018 / 4:01 AM / 13 days ago

BRIEF-Orient Green Power Expects Sale Of Remaining Biomass Units To Conclude Over Next 2 Qtrs

Jan 9 (Reuters) - Orient Green Power Company Ltd:

* CO IN ACTIVE DISCUSSIONS WITH BANKS FOR REFINANCING DEBTS TO TUNE OF 10 BILLION RUPEES TO SINGLE DIGIT INTEREST RATE

* SAYS DIVESTMENT OF BIOMASS BUSINESS SUBSTANTIALLY COMPLETED WITH TRANSFER OF 8 BIOMASS UNITS ON DEC 31, 2017‍​

* SAYS SALE OF REMAINING UNITS EXPECTED TO BE CONCLUDED OVER NEXT 2 QUARTERS Source text - bit.ly/2mfkDKw Further company coverage:

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