Archive · 18 Nov 2025
Welspun Explores $100M Sale of Clean-Energy Stake
Welspun World is selling a big part of its clean-energy business for $100 million.
India is cleaning up its green energy contracts and attracting lots of foreign investment in this area.
Welspun World hires EY to sell majority stake in Welspun New Energy
Sale process launched, NDA signing next
Welspun New Energy has 1.2GW contracted capacity, 3.1GW under development
India's power ministry directs state procurers to cancel unfeasible contracts
FDI in India's electricity sector on upward trajectory, with 83% in clean energy in 2024
- Who
- Welspun World, EY, potential investors
- What
- Sale of majority stake in Welspun New Energy
- When
- Sale process launched, NDA signing next
- Where
- India
- Why
- To raise funds and clean up unfeasible contracts
- Contracted Capacity
- 1.2GW
- Capacity Under Development
- 3.1GW
- FDI in Clean Energy in 2024
- 83% of power sector investment
- India's Renewable Capacity Target by 2030
- 500GW