ReNew Power in talks to sell wind, solar assets to GAIL.

ReNew Power is in talks to sell wind and solar assets to GAIL for Rs. 3,000 crore, according to people aware of the matter. Both sides have engaged advisers to take the discussions forward.

The green energy supplier has carved out a group of wind and solar assets in north and central India for sale. These have a combined capacity to generate 700 MW of power. ReNew Power has a total generation capacity of 8.65 gigawatts (GW).

ET