Inox Clean Energy emerges likely front-runner for Brookfield’s Rajasthan solar power asset

Inox Clean Energy is likely to acquire Brookfield's 550 MW solar power asset in Rajasthan for around Rs 2,500 crore.

The deal is in the final stages, with Inox Clean Energy reportedly edging ahead of other contenders, including Purvah Green Power.

Inox Clean Energy is on an acquisition spree ahead of its proposed Rs 10,000 crore IPO, targeting 10 GW of installed RE IPP capacity by FY28.