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September 11,2025

Inox Clean to Acquire 650 MW Green Projects from Evergreen worth ₹4,000 crore

IPO-bound Inox Clean Energy is set to acquire 650 MW of under-construction hybrid wind and solar projects from Evergreen Renewables, valued at ₹4,000 crore. The deal, to be executed through subsidiary Inox Neo, aligns with INOXGFL Group’s plan to invest ₹40,000 crore in renewables and chemicals over 2–3 years.

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