Actis raises over $4.7 bn, plans $850 mn investment in India

18 Oct 2021 CW Team

With more than $4.7 billion of fund commitments and co-investment, Actis aims to use about $6 billion of investable capital in this vintage, as per the company statement.

Actis, the global infrastructure investor, has achieved fundraising for Actis Energy 5 (AE5).

The fund intends to deploy $850 million Of the total amount raised in India in the coming four to five years. Actis has a significant track record of funding in Indian renewables, where it has financed $800 million in the past seven years to set up Ostro Energy and Sprng Energy with 3 GW of solar and wind capacity.

The LP (limited partner or investor) base of the new fund involves pension funds, insurance firms, sovereign wealth funds, endowments and other investors from across the world, it added.

Sanjiv Agarwal, Partner Actis & Head of Energy for Asia, told the media that they are happy to have completed this fundraising. They are dedicated to the Indian renewable sector and will remain to be a notable investor in Indian green energy.

The UK based Actis had marketed its clean energy platform in India - Ostro Energy to ReNew Power Ventures in 2018 at an enterprise cost of $1.5 billion. Currently, Actis plans to market its India clean energy platform Sprng Energy and has mandated Bank of America to find a purchaser.

After it successfully sold its clean energy platform Ostro Energy three years back, Actis has obligated Bank of America to officially begin a formal process to divest Sprng Energy for an enterprise valuation of $2.5-$2.75 billion.

Actis Fund 4 installed Sprng Energy with an equity commitment of $450 million in March 2017 for renewable sector investments in India. The platform presently has an operational portfolio of 1.7 GW (750 MW of solar and 797 MW of wind energy projects). Additionally, 194 MW of solar power projects are under construction.

India has drawn investments of about Rs 1.32 lakh crore in the renewable energy sector in the last three years since 2017. Presently India’s established renewable energy capacity is approximately 95 GW comprising 40.5 GW of solar power.

Image Source

With more than $4.7 billion of fund commitments and co-investment, Actis aims to use about $6 billion of investable capital in this vintage, as per the company statement. Actis, the global infrastructure investor, has achieved fundraising for Actis Energy 5 (AE5). The fund intends to deploy $850 million Of the total amount raised in India in the coming four to five years. Actis has a significant track record of funding in Indian renewables, where it has financed $800 million in the past seven years to set up Ostro Energy and Sprng Energy with 3 GW of solar and wind capacity. The LP (limited partner or investor) base of the new fund involves pension funds, insurance firms, sovereign wealth funds, endowments and other investors from across the world, it added. Sanjiv Agarwal, Partner Actis & Head of Energy for Asia, told the media that they are happy to have completed this fundraising. They are dedicated to the Indian renewable sector and will remain to be a notable investor in Indian green energy. The UK based Actis had marketed its clean energy platform in India - Ostro Energy to ReNew Power Ventures in 2018 at an enterprise cost of $1.5 billion. Currently, Actis plans to market its India clean energy platform Sprng Energy and has mandated Bank of America to find a purchaser. After it successfully sold its clean energy platform Ostro Energy three years back, Actis has obligated Bank of America to officially begin a formal process to divest Sprng Energy for an enterprise valuation of $2.5-$2.75 billion. Actis Fund 4 installed Sprng Energy with an equity commitment of $450 million in March 2017 for renewable sector investments in India. The platform presently has an operational portfolio of 1.7 GW (750 MW of solar and 797 MW of wind energy projects). Additionally, 194 MW of solar power projects are under construction. India has drawn investments of about Rs 1.32 lakh crore in the renewable energy sector in the last three years since 2017. Presently India’s established renewable energy capacity is approximately 95 GW comprising 40.5 GW of solar power. Image Source

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..