Apollo Green Energy Targets IPO Launch by Q4 2025
POWER & RENEWABLE ENERGY

Apollo Green Energy Targets IPO Launch by Q4 2025

Apollo Green Energy, the renewable energy division of Apollo International Group, plans to launch its initial public offering (IPO) by the fourth quarter of calendar year 2025. The company focuses on green projects, primarily solar power, alongside investments in battery storage, green hydrogen, and EV charging infrastructure.

Apollo Green Energy, currently an EPC provider with 400 MW of solar projects under construction, aims to transition into a developer in the solar sector. Additionally, the company is preparing to enter solar product manufacturing by FY26, targeting an initial 500 MW production line, with land for the facility already identified.

Apollo Green Energy’s order book stands at Rs 35 billion, with plans to scale it to Rs 100 billion within the next two years. Achieving this goal will require a 400–500-member core team, supplemented by contractual manpower. The company estimates Rs 30 billion in working capital will be necessary for these projects over a 6–12-month period.

Apollo Green Energy, the renewable energy division of Apollo International Group, plans to launch its initial public offering (IPO) by the fourth quarter of calendar year 2025. The company focuses on green projects, primarily solar power, alongside investments in battery storage, green hydrogen, and EV charging infrastructure. Apollo Green Energy, currently an EPC provider with 400 MW of solar projects under construction, aims to transition into a developer in the solar sector. Additionally, the company is preparing to enter solar product manufacturing by FY26, targeting an initial 500 MW production line, with land for the facility already identified. Apollo Green Energy’s order book stands at Rs 35 billion, with plans to scale it to Rs 100 billion within the next two years. Achieving this goal will require a 400–500-member core team, supplemented by contractual manpower. The company estimates Rs 30 billion in working capital will be necessary for these projects over a 6–12-month period.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement