Global asset manager Brookfield Asset Management is preparing to divest its 550 MW solar power project in Bikaner, Rajasthan, with the deal expected to fetch an enterprise value of around ₹3,000 crore.

The proposed sale is part of Brookfield’s broader strategy to optimise its renewable energy portfolio and recycle capital into new clean energy opportunities. The Bikaner solar project, commissioned in phases and fully operational, represents a key utility-scale asset within the company’s India portfolio.

Developed with a total capacity of 550 MW, the project is connected to India’s interstate transmission system and supplies green power to commercial and industrial consumers through long-term power purchase agreements, while also participating in merchant power markets. 

The asset has also attracted global financing support, including a $105 million investment from the International Finance Corporation (IFC), underscoring investor confidence in large-scale solar infrastructure in India. 

Brookfield’s move reflects a broader trend of renewable energy platform consolidation and capital recycling, as global investors look to unlock value from operational assets while reinvesting in higher-growth segments such as hybrid energy, storage, and emerging green technologies.

Also Read: Grid Constraints Delay 60 GW Renewable Energy Pipeline in Rajasthan

India’s renewable energy sector continues to witness strong investor interest, driven by ambitious national targets, rising corporate demand for clean power, and supportive policy frameworks. As asset owners monetise mature projects, the market is expected to see increased deal activity, further accelerating capacity expansion and capital inflows into the clean energy ecosystem.

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