Apollo Green Energy Unlisted Shares
Apollo Green in talks with foreign players for clean hydrogen tech
money control
2 min read
Apollo Green Eyes Foreign Partnerships for Green Hydrogen Tech.
Expert Analysis:
Green Hydrogen Expansion: IPO-bound Apollo Green Energy is in talks with international players to secure green hydrogen technology, aiming for a Rs 10,000 crore project pipeline in 2025.
IPO Plans: The company, specializing in EPC services, plans to go public by the second half of 2025.
Green Hydrogen Technology: Collaborating with international partners to acquire key technologies like electrolyzers and fuel cells for green hydrogen production.
Apollo’s Solar Milestones: Secured Rs 3,500 crore NHPC deals, including 40 MW in Odisha, 50 MW floating solar in Kerala, and 200 MW tracker-based solar in Gujarat, alongside 1,50,000 smart solar street lights in Bihar.
Apollo's Renewable Shift: Operating in 8 states with 400 MW solar projects, Apollo is transitioning to focus 80% of its portfolio on solar, moving away from conventional EPC projects.
FY25 Target & IPO Plans: Apollo Green aims for a Rs 1,100 crore topline in FY25 and plans to go public by Diwali 2025.
Apollo Green’s Rs 10,000 crore renewable focus and IPO plans reinforce its position in India's green energy transition.
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