Ayana Renewable Power (Ayana), founded in 2017 and headquartered in Bengaluru, is one of India’s leading renewable energy IPPs (Independent Power Producer). Ayana is a majority-owned company of the National Investment and Infrastructure Fund Limited’s (NIIFL) core infrastructure fund, one of India’s largest infrastructure funds. The other shareholders in the platform are British International Investment (BII), UK’s development finance institution and impact investor, and Eversource Capital India’s leading climate impact investor. Ayana offers utility scale solutions on solar, wind, hybrid and Round the Clock (RTC) clean energy and is also working on pilot green hydrogen project. Ayana is currently involved in the development and management of close to 5GWac of solar, wind and hybrid power projects located across several Indian states, including Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan, and Gujarat. The latest landmark for Ayana is the $390.00M Private Equity Round investment at 18 December 2020, in which CDC Group, EverSource Capital, and NIIF participated. With a slogan of "Powering the Nation. Empowering the People.", Ayana aims to build a 10GWac portfolio by 2025. This strategic positioning and impressive growth trajectory make Ayana a notable player in the fast-evolving renewable energy sector within India.
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