The potential bidders are currently undertaking due diligence of the asset, and binding bids are expected by next month, the people said. Global investors, including Actis, Sembcorp, KKR, and Macquarie, had also evaluated the company but decided against holding advanced negotiations with GIP, said people aware of the development.
Jindal Renewables, INOXGFL in race for GIP's Vena India
