Apraava Energy Secures ₹800.9 Cr from BII, Standard Chartered

Apraava Energy, a leading integrated energy solutions provider headquartered in Mumbai, has secured ₹800.9 crore in new funding from British International Investment (BII) and Standard Chartered.

The investment will fuel the expansion of Apraava’s advanced metering infrastructure (AMI), a key component of India’s shift toward sustainable and digitally enabled energy systems. The company signed separate agreements with BII and Standard Chartered for ₹400.5 crore and ₹400.4 crore respectively, highlighting a unique partnership between two UK institutions to bolster India’s energy transition.

Owned jointly by the CLP Group and La Caisse, Apraava plans to deploy the funds to accelerate clean energy innovation and strengthen its nationwide growth trajectory.

News by Rahul Yelligetti.