New Delhi, July 12 -- Mumbai: The list of suitors for the renewable energy assets of Norwegian state-owned firm Statkraft has narrowed to five, who are now evaluating the solar assets of the company at an equity value of Rs.3,000 crore.

national renewable energy major owns hydropower assets as well in India, the solar business is likely to be sold first, said four people with the knowledge of development said.

The buyers include domestic power companies as well as private equity firms including JSW Group, Serentica, Sembcorp, Blackstone, and Macquarie. The prospective buyers are working with the company to carve out different deals depending on their interest as the entire portfolio of solar and hydropower assets is too large for one bu...