Inox Neo Energies to acquire 640 MW hybrid portfolio from Evergreen Group
New Delhi, Inox Clean Energy Ltd’s renewable IPP arm, Inox Neo Energies, has inked pacts with Evergreen Group firms — Evergreen Power Mauritius and Evergreen Renewables — to acquire its portfolio of 640 MW wind-solar hybrid projects.
The transaction covers five hybrid projects across Maharashtra, contracted under tenders by SJVN Ltd and NTPC Ltd.
The said projects are — SJVN Hybrid 01 – 60 MW; SJVN Hybrid 02 – 60 MW; NTPC Hybrid 01 – 200 MW; NTPC Hybrid 02 – 200 MW and NTPC Hybrid 02 (Green Shoe) – 120 MW, a company statement said.
