Inox Neo Energies acquires 50 MW solar project in MP
Inox Neo Energies Private Limited, a subsidiary of Inox Wind Limited, has acquired Skypower Solar India Private Limited. The deal adds a 50 MW alternating current (AC) / 57.5 MW peak direct current (DC) solar project to Inox’s growing renewable energy portfolio. The total enterprise value of the transaction is approximately Rs 2.65 billion. The project is located in the Khandwa district of Madhya Pradesh. It was commissioned during the financial year 2017–2018 and is…