AP Moller Capital to Invest up to Rs 13.50 Bn in Rays Power Infra

29 Dec 2025 CW Team

According to the company, the funding will support the development of utility-scale renewable energy assets and provide long-term revenue visibility, while also creating opportunities for future collaboration between the two partners. The investment reflects growing global investor confidence in India’s renewable energy sector and its long-term economic and policy fundamentals.

A.P. Moller Capital, backed by the 120-year industrial legacy of the A.P. Moller Group, has a strong track record of investing in and scaling renewable energy businesses across Southeast Asia and Africa. Its portfolio spans solar, wind and hybrid power projects, grid solutions and energy-efficiency assets. Across its funds, A.P. Moller Capital has supported the development of more than 2 GW of renewable and transition-related capacity. The A.P. Moller Group has also been active in India for over three decades through its logistics and services businesses.

Ketan Mehta, MD & CEO, Rays Power Infra, said the partnership represents a key milestone for the company. “This partnership with A.P. Moller Capital marks a milestone for Rays Power Infra and reinforces our long-term vision of creating renewable energy infrastructure at scale. Their investment not only validates the strength of our development platform but also accelerates our ability to deliver sustainable, utility-scale solar assets across India,” he said.

Semih Gokmen, Partner, A.P. Moller Capital, said the collaboration enables deployment of long-term capital into a high-quality pipeline in one of the world’s fastest-growing renewable markets. Kim Fejfer, Managing Partner and CEO, A.P. Moller Capital, added that India’s energy transition offers one of the most compelling global infrastructure opportunities, supported by strong policy and market fundamentals.

News source: Business Standard

AP Moller Capital has announced plans to invest up to Rs 13.50 billion in renewable energy projects being developed by Rays Power Infra Limited through project-specific special purpose vehicles (SPVs), marking the fund’s first investment in India. The investment is expected to catalyse total project capital expenditure of at least Rs 52 billion, significantly scaling up Rays Power Infra’s renewable energy platform.According to the company, the funding will support the development of utility-scale renewable energy assets and provide long-term revenue visibility, while also creating opportunities for future collaboration between the two partners. The investment reflects growing global investor confidence in India’s renewable energy sector and its long-term economic and policy fundamentals.A.P. Moller Capital, backed by the 120-year industrial legacy of the A.P. Moller Group, has a strong track record of investing in and scaling renewable energy businesses across Southeast Asia and Africa. Its portfolio spans solar, wind and hybrid power projects, grid solutions and energy-efficiency assets. Across its funds, A.P. Moller Capital has supported the development of more than 2 GW of renewable and transition-related capacity. The A.P. Moller Group has also been active in India for over three decades through its logistics and services businesses.Ketan Mehta, MD & CEO, Rays Power Infra, said the partnership represents a key milestone for the company. “This partnership with A.P. Moller Capital marks a milestone for Rays Power Infra and reinforces our long-term vision of creating renewable energy infrastructure at scale. Their investment not only validates the strength of our development platform but also accelerates our ability to deliver sustainable, utility-scale solar assets across India,” he said.Semih Gokmen, Partner, A.P. Moller Capital, said the collaboration enables deployment of long-term capital into a high-quality pipeline in one of the world’s fastest-growing renewable markets. Kim Fejfer, Managing Partner and CEO, A.P. Moller Capital, added that India’s energy transition offers one of the most compelling global infrastructure opportunities, supported by strong policy and market fundamentals.News source: Business Standard

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..