Business News

Ketan Mehta, MD & CEO, Rays Power Infra

AP Moller Capital to Invest up to INR 1,350 Crores in Renewable Energy Platform Developed by Rays Power Infra

Dec 24, 2025

Mumbai (Maharashtra) [India], December 24: Rays Power Infra Limited is delighted to announce that A.P. Moller Capital - Emerging Markets Infrastructure Fund II ("EMIF II Holding") will invest up to INR 1,350 Crores in Renewable Energy projects being developed by the company though project specific SPVs. This commitment will catalyse minimum INR 5,200 Crores in total project capital expenditure which will provide greater scale to our operations, establish long-term revenue visibility and open multiple opportunities for future collaborations.

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