BlackRock Backs Aditya Birla Renewables With a Minority StakeGIP EM Star, an affiliate of BlackRock’s Global Infrastructure Partners, pursued regulatory clearance in India to acquire a minority interest in Aditya Birla Renewables. The deal focused on supporting the renewable arm of the Aditya Birla Group, which already operates a sizable clean energy portfolio across multiple Indian states. Aditya Birla Renewables reported having more than 4.3 gigawatts of capacity spread over 10 states, covering a mix of renewable technologies and projects. The December investment announcement cited a commitment of up to ₹3,000 crore, establishing a valuation of about ₹14,600 crore for the platform. Regulatory filings emphasized that BlackRock’s investment structure avoided material overlaps or competition issues in India, helping smooth the path to approval.

Source: Economic Times January 19, 2026 21:31 UTC