India's renewable energy space to see growth in foreign investments

18 Aug 2021 CW Team

According to the sources, the merge and acquisition (M&A) platform of India in renewables, along with large developers, are looking towards foreign investment. The series of deals in India has boosted the worldwide M&A activity.

The minority stakes sale of Adani Group in Adani Green to Total Energies for $2.5 billion was the main reason for India outpacing the US and China in renewable energy M&A activity during the first half of 2021, as mentioned in the Bloomberg New Energy Finance (BNEF) report.

The managing partner of a renewable energy consultancy, Artha Energy Resources (AER), Animesh Damani, said that India has been on the view of foreign investors for quite some time, and the recent members are skewed due to the large Adani deal.

He also said that India would see sustained growth in foreign investment.

Hetal Gandhi, Director of Credit Rating Information Services of India Ltd (CRISIL) Research, said that the company is looking at the top 10 industries as they were ready to gain market share in the operational base with nearly 40% pie or 44 GW out of India's 100 GW to 110 GW by the financial year 2023.

As per the BNEF report, M&A allows investors to exit and redeploy capital on new opportunities. In the first half of 2021, corporate M&A and private equity buyouts in renewable energy stood at $22.4 billion, a growth of 25%, compared to the previous year's $17.9 billion globally.

Image Source

Also read: India urges US investors to invest in country’s energy sector

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..