India’s ReNew Power has been tipped as a bidder for the assets of local turbine OEM Regen Powertech, potentially adding wind manufacturing capabilities to an already-announced foray into large-scale solar equipment production.

ReNew Power, which is backed by global investment giant Goldman Sachs, is among two to have submitted bids for Regen to India’s National Company Law Tribunal under an insolvency process, reported the Hindu Business Line.