fundraising

Generation | India | News

JSW Energy signs 400 MW PPA and clears plan to raise up to Rs 10,000 crore
By December 15, 2025December 15, 2025

JSW Energy Limited has reported a set of corporate actions covering new long-term power sales, capital raising and senior management changes. The announcements were made in filings dated 12 December 2025. JSW Energy Utkal Limited has signed a 25-year Power Purchase Agreement with several distribution companies in Karnataka. The agreement covers 400 MW of supply from 1 April 2026 at a tariff of Rs 5.78 per kilowatt hour. The company said the contract reduces its…

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News | India | Renewable Energy

Alpex Solar raises Rs 2.6 billion to expand module manufacturing capacity
By September 29, 2025October 28, 2025

Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward integrated solar cell and module production. The preferential issue drew interest from several institutional investors and funds, including some with existing exposure to the renewable energy sector. Alpex Solar plans to increase its solar cell capacity to 1.6…

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India | News

Acme Solar board clears fundraising of Rs 3,000 crore
By August 29, 2025August 29, 2025

Acme Solar Holdings Limited has approved a proposal to raise up to Rs 3,000 crore. The matter will be placed before shareholders at the company’s annual general meeting on 29 September 2025. The fundraising plan enables the company to raise an aggregate amount of up to Rs 3,000 crore in one or more tranches. The funds may be mobilised through the issuance of equity shares or equity-linked instruments, using modes such as qualified institutional placement…

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India | News

Sterlite Power raises Rs 7.25 billion to expand global operations
By December 18, 2024December 18, 2024

Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s demerger. The round saw participation from GEF Capital Partners and ENAM Holdings. The capital will be used for ongoing capex, enhancing production capacity, developing new products, and expanding into international markets.

Read More Sterlite Power raises Rs 7.25 billion to expand global operations
India | News

KEI Industries approves Rs 20 billion QIP proposal
By October 17, 2024October 17, 2024

KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and conditions. In its financial results for H1FY25 (April to September), KEI Industries reported: Domestic institutional sales of wire and cable…

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