Global Infrastructure SherpaKansai Transmission and Distribution invests ₹160 crore in OMC Power for distributed renewable energy expansion in India
USD160M
Deal Value
Kansai Transmission and Distribution has invested approximately ₹160 crore in OMC Power, acquiring a 10% equity stake to support the expansion of distributed renewable energy in India. This partnership aims to help OMC Power expand its capacity to 1 GWp, providing reliable electricity and enhancing grassroots energy access across India.
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Counterparts (2)
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Kansai Transmission and Distribution is making a direct play in India's distributed solar sector, acquiring a 10% equity stake in OMC Power for ₹160 crore. This capital injection is set to propel OMC Power toward its ambitious 1 GWp capacity expansion target. The partnership aims to significantly enhance reliable electricity provision and grassroots energy access across India. It's an interesting move for a transmission and distribution company to invest directly in distributed generation.
- Kansai Transmission and Distribution invests ₹160 crore.
- Acquires 10% equity stake in OMC Power.
- Funds OMC Power's 1 GWp distributed solar capacity expansion.
- Deal announced March 13, 2026.
Timeline
Announced
Mar 13, 2026
Signed
Closed
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