IL&FS is expecting the sale of wind and solar energy assets to fetch as much as Rs 8,000 crore. Photo: MintMumbai/New Delhi: Macquarie Infrastructure & Real Assets and NTPC Ltd., India’s largest power utility, are among companies interested in buying some of the renewable energy assets of beleaguered shadow financier Infrastructure Leasing & Financial Services Ltd., people familiar with the matter said. IL&FS is expecting the sale of wind and solar energy assets to fetch as much as Rs 8,000 crore ($1.14 billion), one of the people said. A managing director of Solar Energy Corporation and a spokeswomen for NTPC and GAIL didn’t immediately respond to emails seeking comment. Also read: IL&FS wind assets: A good egg in a bad nestThis story has been published from a wire agency feed without modifications to the text.

Source: Mint January 08, 2019 12:22 UTC