Inox Clean Energy Revives IPO Plan to Raise Record-Breaking $1 Billion

Inox Clean Energy Ltd. has revived plans for an initial public offering that could raise as much as $1 billion, according to people familiar with the matter, in a bid to capitalize on its growth potential and diversify its revenue streams. The company is in discussions with banks to secure funding for the IPO. If successful, the offering would be one of the largest in the Indian renewable energy sector. Details of the plan are still emerging.