Inox Clean likely to acquire 650 MW of Evergreen’s Projects

New Delhi: IPO-bound Inox Clean Energy is likely to acquire 650 MW of Evergreen Renewables’ under construction green energy projects, said people aware of the development.

Evergreen is building these projects with a total cost of ₹4,000 crore, the people said, adding that the company has invested a portion of the sum so far.

The targeted portfolio comprises five hybrid projects of wind and solar energy, one of the persons said.

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