AMPIN Energy secures $50 million investment from Siemens
Author: PPD Team Date: March 28, 2025
Author: PPD Team Date: March 28, 2025
AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG.
The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives.
Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to enhance AMPIN’s capabilities in renewable energy deployment.
This marks AMPIN’s third major investment in the financial year 2024-25, bringing its total equity capital raised in 2025 to $270 million. The company’s overall equity capital now stands at nearly $700 million, positioning it to deploy over $4 billion in renewable energy projects.
With this strengthened capital base, AMPIN aims to scale its renewable energy portfolio and drive further growth in India’s clean energy sector.
Author: PPD Team Date: January 28, 2026 The Madhya Pradesh government is in the process of finalising agreements for setting up 4,000 MW of new thermal power capacity in Anuppur district. The projects involve an estimated investment of around Rs 60,000 crore, with power generation expected to begin from 2030. The agreements follow the state government’s approval to procure 4,000 MW of electricity from new thermal power projects. Madhya Pradesh Power Management Company Limited (MPPMCL)…
Author: PPD Team Date: July 14, 2025 The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has notified that bonds issued by Indian Renewable Energy Development Agency Ltd. (IREDA) will be treated as ‘long-term specified assets’ under section 54EC of the Income-tax Act, 1961. The notification took effect on July 9, 2025. As per the notification, IREDA bonds that are redeemable after five years and issued on or after the effective date…
Author: PPD Team Date: October 18, 2024 Rayzon Solar has won a contract to supply 216 MW of high-efficiency photovoltaic (PV) modules to Larsen & Toubro (L&T) for three solar projects across India. The modules will be integral to L&T’s floating solar projects at Panchet and Ramagundam, as well as a ground-based solar project in Bihar.
Author: PPD Team Date: May 30, 2025 The Government of Arunachal Pradesh has signed a Memorandum of Understanding (MoU) with the residents of Pangkang (Kumku) village to initiate a preliminary feasibility report (PFR) for the 11,200 MW Upper Siang Hydroelectric Project. As part of the agreement, a special development package worth Rs 50 million will be implemented over a three-year period. This package will be managed by a newly formed village development committee (VDC), aiming…
Author: PPD Team Date: October 9, 2025 The Central Electricity Authority (CEA) has published two draft regulations for public consultation to modernize India’s power sector. The drafts focus on technical standards for renewable energy and battery storage projects, and a cyber security framework for the sector. Stakeholders can submit comments by November 7, 2025. The proposed Technical Standards (2nd Amendment) set guidelines for solar, floating solar, onshore and offshore wind, and battery energy storage systems…
Author: PPD Team Date: December 12, 2025 The Central Transmission Utility of India Limited (CTUIL) has issued a draft procedure that sets out the conditions for power projects to change their declared renewable energy source after receiving grid connectivity approval. CTUIL has asked stakeholders to submit comments by 27 December 2025. CTUIL released the Draft Detailed Procedure for Approval of Change in Renewable Energy Source(s) for Projects with Granted Connectivity on 11 December 2025. The…