By Sarita Chaganti Singh
NEW DELHI (Reuters) – A joint venture between India’s NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million, two people involved in the deal told Reuters.
The venture outbid JSW Energy for the renewable energy firm backed by quasi-sovereign wealth fund National Investment and Infrastructure Fund, the people said.
(Reporting by Sarita Chaganti Singh; Editing by Christopher Cushing)
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