Orien Green (OGPL) - which had announced on 19 January a 90 day period for exclusive discussions with IL&FS Wind Energy to evaluate a potential merger of their Wind Energy Generation businesses - today said that the company has extended the exclusivity period as talks with IL&FS continue. The resulting merged entity, if the companies sign on, wiould have 1.2 GW of operating wind capacity, and would be the largest listed renewable energy company in India.

OGPL had said that it was in the process of demerging its Wind and Biomass entities into two separate companies, OGPL (Wind) and Bio-bijlee Green Power Limited (Biomass) respectively. OGPL's share price has been trending lower since a six-month high on Feb 6.