The installed clean energy capacity of India-inclusive nuclear energy reach 246 Gigawatt in July, according to the Ministry of New and Renewable Energy | Photocredit: Alexlmx
India sees a revival in the first public offer of clean energy, while companies benefit from the urge of Prime Minister Narendra Modi to renewable energy sources.
Starting with Vikram Solar Ltd. This week, more than a dozen green energy companies have put in line to become public, looking for more than $ 4 billion in total, according to data from Primedatabase.com and local media reports. That is after the sector did not see any big offers this year in a sharp delay of $ 2.4 billion collected via IPOs in 2024.
The wave of green entries comes after a pick -up in the wider IPO market of India after a slow start of the year. A number of billion dollars deals are on the road, and the Toparanger Kotak Mahindra Capital Co. Expect companies to pick up more than $ 30 billion in the coming year.
Modi’s 2030 target on more than double clean energy capacity for 500 Gigawatt-Bijna equal to all power plants in the VK, France and Germany, a tree in green mentions and stock prices in 2024. But overheated valuations and project trictions have the moment that the momentum is the time of their Deal of the Deal of the Deal of the Deal, the Pipelin Deal.
“A perfect storm of policy disruption, proven technologies and Global ESG Capital feeds India’s Clean-Energy IPO Rush,” said Amit Ramchandani, director and Chief Executive Officer at Motilal Oswal Investment Advisors. “The demand for around the clock in green electricity is accelerating storage -bound projects.”
Modi announced an ambitious target for the world’s third largest emitter to reach the net-zero emissions on the COP26 Climate Summit in November 2021. While India production incentives, solar energy, electric vehicles and wind opportunities, wierp candidates, paaitstesteskendig.
The installed capacity of India, including nuclear energy reach in July 246 Gigawatt, according to the Ministry of Nieuwe and Renewable Energy. Solar led the mix with 119 Gigawatt, followed by Wind’s 52 Gigawatt and 50 Gigawatts.
The South Asian economy is a rare bright spot for clean energy-related IPOs, which have taken a beating worldwide in recent years under the weight of high interest rates and fossil fuels by US President Donald Trump.
Vikram Solar is closing its share sales this week and strives to collect no less than 20.8 billion rupees ($ 239 million). Clean Max Enviro Energy Solutions LTD applied for an IPO this week, while the Securities and Exchange Board of India the IPO plans of Fujiyama Power Systems Ltd. approved in July. KKR & CO.-backed Hero Future Energies Ltd. Bankers appointed an IPO of 50 billion rupees, the Economic Times reported. The companies are part of a strong pipeline that can see shares that can see in the coming year.
-With the help of Ishika Mookerjee.
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Published on August 21, 2025
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