French energy company Electricité de France S.A. (EDF) plans to partially divest its clean energy assets in India as part of efforts to pare its debt of more than $50 billion, said multiple people aware of the development. EDF Renewables India (EDF Renewables India Private Limited) has 530 MW of operational assets in Rajasthan and Gujarat. Presently, EDF has a clean energy pipeline of 1 GW in India.

EDF has hired Rothschild to run the sale process and feelers have been sent to global infrastructure investors such as KKR, Actis, CDPQ, Sembcorp as well as domestic players such as JSW, Torrent and Edelweiss Infrastructure-backed Sekura Energy, said the people cited above. EDF did not respond to an email query till press time.