Apollo Green Energy to Invest Rs 5 Bn in RE Projects
POWER & RENEWABLE ENERGY

Apollo Green Energy to Invest Rs 5 Bn in RE Projects

Apollo Green Energy (AGEL) announced plans to launch its subsidiary, AGEL Renewable Energy, with an investment of Rs 500 crore aimed at developing a 1GW renewable energy portfolio.

The new subsidiary will focus on utility-scale solar power, integrating advanced energy storage systems, including hydrogen-based solutions. The 1GW portfolio is expected to be developed over the next 2-3 years, starting from FY26, with a focus on bridging gaps in India’s renewable energy landscape.

AGEL Renewable Energy will compete for large-scale government tenders and establish Power Purchase Agreements (PPAs) with utilities and commercial clients.

Apollo Green Energy (AGEL) announced plans to launch its subsidiary, AGEL Renewable Energy, with an investment of Rs 500 crore aimed at developing a 1GW renewable energy portfolio.The new subsidiary will focus on utility-scale solar power, integrating advanced energy storage systems, including hydrogen-based solutions. The 1GW portfolio is expected to be developed over the next 2-3 years, starting from FY26, with a focus on bridging gaps in India’s renewable energy landscape.AGEL Renewable Energy will compete for large-scale government tenders and establish Power Purchase Agreements (PPAs) with utilities and commercial clients.

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