Finance

Updates on investments, project funding, tariffs, mergers and acquisitions, and financial performance across the power and renewable energy industry. This category tracks capital flows, lending trends, market valuations, and economic factors influencing energy infrastructure and sector growth.

Finance | India | News

AMPIN secures investment from FMO for renewable project expansion
By December 9, 2025December 9, 2025

AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in India and expand its clean energy portfolio. The investment aligns with FMO’s plan to increase climate focused financing. It also supports AMPIN’s growth strategy in the domestic renewable market. Pinaki Bhattacharyya, Founder, MD and CEO of AMPIN…

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Finance | India | News

Reliance Power says operations unaffected after ED attachment reports
By December 8, 2025December 8, 2025

Reliance Power Limited has issued a clarification after reports of asset attachment by the Enforcement Directorate. The company said its operations remain unaffected and noted that most of the attached assets, valued at about Rs 101.17 billion, belong to entities that are no longer part of the group. The latest ED action is linked to the probe into the Reliance Home Finance Limited, Reliance Commercial Finance Limited, and Yes Bank fraud case. The agency has…

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Finance | India | News

JK Cement raises stake in O2 Renewable Energy V
By December 8, 2025December 8, 2025

JK Cement Limited has expanded its investment in O2 Renewable Energy V Private Limited with a further 12.21 per cent equity purchase for about Rs 0.05 billion. The transaction lifts its total shareholding in the O2 Power SPV to 28.97 per cent. The company bought 46,45,658 shares from JSW Neo Energy Limited at Rs 11.18 per share. The higher stake strengthens JK Cement Limited’s renewable energy portfolio and its position in a 22 MW wind…

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Finance | India | News

IEX records 17.7% rise in November power trade and IGX clears IPO move
By December 4, 2025December 4, 2025

Indian Energy Exchange Limited reported a 17.7 per cent year-on-year rise in electricity trading volumes in November 2025, with total transactions reaching 11,409 MU. The company also confirmed that Indian Gas Exchange Limited has secured board approval to begin its IPO process. IEX saw varied performance across its market segments. The Day Ahead Market recorded 5,668 MU, which was a slight 0.3 per cent increase from a year earlier. The Real Time Market reached 4,233…

Read More IEX records 17.7% rise in November power trade and IGX clears IPO move
India | Finance | News

Serentica plans up to $8 billion fundraise to expand clean energy portfolio
By December 1, 2025December 1, 2025

Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently operating 2 GW of solar and wind capacity, Serentica expects an additional 2 GW to come online within ten months….

Read More Serentica plans up to $8 billion fundraise to expand clean energy portfolio
India | Finance | News

Avaada plans Rs 1 lakh crore investment over five years
By November 28, 2025November 28, 2025

Avaada Group plans to invest Rs 1 lakh crore across India over the next five years as it expands its presence in power generation and related businesses. Chairman Vineet Mittal said the group’s solar manufacturing arm has submitted documents to the regulator for its first public share sale. The group employs about 6000 people and intends to add 10000 more in the next three years as new projects come online. Last month, Avaada Electro, the…

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India | Finance | News

Reliance and L&T announce $13.5 billion data centre investments
By November 28, 2025November 28, 2025

Reliance Industries and Larsen and Toubro (L&T) have announced new investments totalling $13.5 billion. Digital Connexion, the joint venture of Reliance Industries, Brookfield and Digital Realty, has outlined an 11 billion dollar plan to develop a 1 GW data centre in Visakhapatnam over five years. L&T has announced a 2.5 billion dollar plan to build five data centres with a combined capacity of at least 300 MW. One of these facilities will also be located…

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India | Finance | News

Sembcorp weighs IPO for India renewable arm
By November 26, 2025November 26, 2025

Sembcorp Industries, which is backed by Temasek, is reportedly considering an IPO for its Indian subsidiary Sembcorp Green Infra. The launch could take place in the next eight to nine months. The talks are at an early stage and the size of the issue has not been set. This would be Sembcorp’s second attempt to list its India business after the company withdrew a draft prospectus in January 2019. The new effort comes at a…

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India | Finance | News

VRPL to acquire full equity in Refex Engineering Products
By November 26, 2025November 26, 2025

Venwind Refex Power Limited, a wholly owned unit of Refex Industries Limited, plans to buy 100 per cent equity in Refex Engineering Products Private Limited. The move will place REPPL as a step-down subsidiary of Refex Industries. REPPL is now fully owned by Refex Holding Private Limited. The planned deal covers 10,000 fully paid-up equity shares with a face value of Rs 10 each, for a total of Rs 100,000. REPPL provides civil engineering and…

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India | Finance | News

TotalEnergies weighs sale of up to 6 per cent stake in Adani Green
By November 24, 2025November 24, 2025

TotalEnergies is reportedly preparing to sell up to 6 per cent of its holding in Adani Green Energy Limited. The stake is valued at about USD1.14 billion, and the company is exploring the move to realise part of the gains from its investment. TotalEnergies holds nearly 19 per cent in Adani Green through two subsidiaries. It invested USD2.5 billion in 2021. The proposed sale is being examined by Adani Green, which may consider buying the…

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