KKR, Actis Vie for 400-MW solar assets of Azure Power; ₹1,600cr deal size likely
Mumbai: KKR, Actis, Edelweiss Infrastructure and Ayana Renewable Power are in early talks to acquire about 400 megawatt solar energy projects in Rajasthan and Assam from Azure Power Global, multiple people aware of the development said.
They pegged the deal size at ₹1,600-1,700 crore, or about $225 million.
Avendus Capital is advising Azure Power for the asset sale.
