Reportedly, Ayana Renewables has planned to set up around 4 GW of solar and wind power operational capacity by March 2025.
Currently, the company has 1.6 GW operational capacity, and it is looking at over 3 GW and closer to 4 GW by next year. The Karnataka-based company is backed by the National Investment and Infrastructure Fund, British International Investment, and Green Growth Equity Fund. Till date, it has raised nearly USD720 million and plans to continue to raise more capital to keep the company growing as it moves along the country’s renewable energy targets.