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CCI Approves BII Investment in ReNew Photovoltaics

July 02,2025

CCI Approves BII's ₹870 crore Investment in ReNew Photovoltaics for Solar Manufacturing in India

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The Competition Commission of India (CCI) approved British International Investment’s (BII) proposal to acquire a stake in ReNew Photovoltaics Pvt Ltd. BII, owned by the UK government, will invest ₹870 crore (around USD 100 million) to support ReNew's solar manufacturing expansion in India. Established in 2021, ReNew operates facilities in Jaipur and Dholera.

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