India's Renewable Energy Sector Poised For Rs 25,000 Crore IPO Wave

2025-08-21 02:06:35

(MENAFN- KNN India) New Delhi, Aug 21 (KNN) India's renewable energy sector is gearing up for a major fundraising drive through the equity markets, with several companies planning initial public offerings (IPOs) worth nearly Rs 25,000 crore in the coming months.

This move highlights the growing investor interest in clean energy and the sector's rising importance in India's economic and sustainability goals.

Among the companies seeking approval from the Securities and Exchange Board of India (SEBI) are Emmvee Photovoltaic and Juniper Green Energy, each planning to raise about Rs 3,000 crore.

Prozeal Green Energy has filed for a Rs 700 crore IPO, while Regreen-Excel EPC India and Saatvik Green Energy have already received approval for issues of Rs 500 crore and Rs 1,150 crore, respectively.

This momentum follows the landmark listing of NTPC Green Energy in November 2024, which raised Rs 10,000 crore and became one of the largest public offerings in the renewable sector.

The success of that IPO has set the stage for other players to tap into the capital markets, reflecting the sector's growing credibility among institutional and retail investors.

Industry experts believe that IPOs are emerging as a critical financing tool to help India meet its clean energy targets.

The country requires annual investments of around $20–25 billion to reach its 2030 goals. Companies such as Hero Future Energies, backed by global investor KKR, and SAEL are also preparing IPOs, with Hero Future expected to raise nearly Rs 5,000 crore.

The surge in listings is being driven by supportive government policies, strong demand for renewable power from corporations, and investor appetite for sustainable businesses.

However, analysts caution that risks remain due to policy changes, valuation concerns, and India's reliance on imported solar equipment.

Despite these challenges, the upcoming IPO pipeline suggests that renewable energy could become one of the busiest sectors for fundraising in FY26.

(KNN Bureau)

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