In Short : British International Investment has received CCI approval to acquire a minority stake in ReNew Photovoltaics for around ₹870 crore. The investment will support the expansion of a 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total capacity will reach 6.4 GW each for solar cells and modules, strengthening India’s domestic […]
British Int’l Investment seeks CCI nod to acquire stake in ReNew Photovoltaics – EQ
In Short : British International Investment (BII) is seeking approval from India’s Competition Commission to acquire a minority stake in ReNew Photovoltaics. The \$100 million investment will support ReNew’s expansion of its solar manufacturing capacity, including a 4 GW TOPCon cell facility in Gujarat. This move aims to boost India’s clean energy production, strengthen domestic […]