Apollo Green Energy to Invest ₹500 Crore in 1 GW Renewable Portfolio

10 March 2025

Apollo Green Energy Ltd. (AGEL Renewable Energy) has announced a ₹500 crore investment to develop a 1 GW renewable energy portfolio over the next 2-3 years. The initiative aims to strengthen India’s clean energy infrastructure through large-scale projects, government tenders, and private power agreements.

Investment & Growth Plans

• Investment Size – AGEL Renewable Energy plans to invest ₹500 crore in renewable energy expansion.

• Portfolio Target – The company aims to build a 1 GW renewable energy portfolio starting from FY26.

• Strategic Focus – The investment will bridge critical gaps in India’s renewable energy sector and support the country's clean energy goals.

Expansion & Hiring

• Talent Acquisition – AGEL Renewable Energy plans to hire up to 200 professionals in engineering, project management, R&D, and operations.

• Technology & Innovation – The company will develop storage solutions and leverage its parent company’s engineering expertise to ensure cost-effective energy delivery.

Market Strategy & IPO Plans

• Government Tenders – AGEL will actively bid for large-scale government tenders and establish Power Purchase Agreements (PPAs) with utilities and commercial consumers.

• Pan-India Projects – The company will develop utility-scale solar and wind projects, integrate storage solutions, and create long-term revenue streams.

• Upcoming IPO – Apollo Green Energy’s parent company is planning an IPO in 2025, aiming to expand its green energy portfolio and strengthen its market position.

With a nationwide strategy and strong financial backing, Apollo Green Energy is poised to become a key player in India’s renewable energy transformation.