Eapro Global Raises Rs. 400 mn for Expansion
POWER & RENEWABLE ENERGY

Eapro Global Raises Rs. 400 mn for Expansion

Solar power solutions provider Eapro Global has raised Rs. 400 mn from a group of institutional investors, family offices and individual investors, as it prepares to expand its manufacturing and technology capabilities. The company said the funds would also support efforts to increase its presence in India’s renewable energy and power-backup markets.

The fundraise comes as Eapro seeks to scale its operations across the solar energy sector. The company provides solar power solutions, inverters, batteries and energy storage systems to residential, commercial and industrial customers across the country.

Eapro said the fresh capital would be used to increase manufacturing capacity and strengthen its technology capabilities. It also plans to accelerate market expansion as demand for renewable energy and power-backup products grows in India.

The company is targeting an initial public offering (IPO) by FY28. Managing director Jagdeep Chauhan said the investment had strengthened Eapro’s balance sheet and would help it scale manufacturing, deepen its technology capabilities and pursue opportunities in the expanding market.

Chauhan said Eapro was already in discussions with lead managers and prospective investors as it prepared for the proposed stock market debut. The company did not disclose the valuation associated with the investment or provide details on the participating investors.

Eapro’s product portfolio covers solar energy generation and storage requirements for customers across multiple segments. Its expansion plans are expected to focus on increasing production capacity, improving technical capabilities and broadening its reach in renewable energy and backup-power applications.

Solar power solutions provider Eapro Global has raised Rs. 400 mn from a group of institutional investors, family offices and individual investors, as it prepares to expand its manufacturing and technology capabilities. The company said the funds would also support efforts to increase its presence in India’s renewable energy and power-backup markets. The fundraise comes as Eapro seeks to scale its operations across the solar energy sector. The company provides solar power solutions, inverters, batteries and energy storage systems to residential, commercial and industrial customers across the country. Eapro said the fresh capital would be used to increase manufacturing capacity and strengthen its technology capabilities. It also plans to accelerate market expansion as demand for renewable energy and power-backup products grows in India. The company is targeting an initial public offering (IPO) by FY28. Managing director Jagdeep Chauhan said the investment had strengthened Eapro’s balance sheet and would help it scale manufacturing, deepen its technology capabilities and pursue opportunities in the expanding market. Chauhan said Eapro was already in discussions with lead managers and prospective investors as it prepared for the proposed stock market debut. The company did not disclose the valuation associated with the investment or provide details on the participating investors. Eapro’s product portfolio covers solar energy generation and storage requirements for customers across multiple segments. Its expansion plans are expected to focus on increasing production capacity, improving technical capabilities and broadening its reach in renewable energy and backup-power applications.

Related Stories

Gold Stories

Next Story
Resources

Kalpataru Projects International elevates Amit Uplenchwar as Joint MD and CEO

Kalpataru Projects International (KPIL) has elevated Amit Uplenchwar as Joint Managing Director and CEO (designate), following approval by its board on 5 November 2026. He will take charge as Additional Director, Joint Managing Director and CEO from 1 January 2027 for a five-year term ending 31 December 2031, subject to shareholders' approval.Uplenchwar brings over three decades of experience in corporate strategy, business operations, business development, mergers and acquisitions, and international business management. His experience spans transportation, power, water, oil and gas, aerospace..

Next Story
Resources

HCC appoints Vivek Singhal as CEO

Hindustan Construction Company (HCC) has appointed Vivek Singhal as Chief Executive Officer, effective 5 November 2026. He brings over four decades of experience in infrastructure and engineering, procurement and construction (EPC), covering project execution, business leadership, business development and profit and loss management.Singhal has spent 16 years in international markets, delivering projects and managing assets worth approximately Rs 285 billion across five countries. His experience spans airports, metro rail, urban transport, hydropower, bridges and other infrastructure sectors.He..

Next Story
Infrastructure Energy

Essar Signs PPA for 300 MW Hybrid Renewable Energy Project

Essar Renewables, the renewable energy arm of Essar Power, has signed a Power Purchase Agreement (PPA) with NHPC for a 300 MW renewable energy project in Andhra Pradesh. The agreement follows the company’s successful bid for the project two years ago. Essar Power will invest approximately Rs. 45 bn in the development. The project will combine solar and wind generation with Battery Energy Storage Systems (BESS), enabling the supply of reliable and dispatchable renewable power. It forms part of Essar Power’s plan to build a diversified energy portfolio of approximately 5 GW across renewable,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code