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IL&FS Mutual Fund Boosts Renewable Energy with Rs 125 Crore Commitment

Startups • March 6, 2026

IL&FS Mutual Fund Boosts Renewable Energy with Rs 125 Crore Commitment is drawing significant interest across the industry.

IL&FS Mutual Fund has pledged Rs 125 crore to Hero Solar Energy for refinancing debt and expanding its renewable projects. This enhances IL&FS's renewable portfolio, which includes CleanMax and AD Hydro Power Ltd. The fund is managed by IL&FS Infra Asset Management Ltd and has returned Rs 2,000 crore to investors.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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