India's renewable energy space to see growth in foreign investments
POWER & RENEWABLE ENERGY

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

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

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

Next Story
Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Next Story
Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Next Story
Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?