The Asian Infrastructure Investment Bank (AIIB) will use $150 million to help Aditya Birla Capital support clean energy and electric vehicle projects in India, according to a press release. This money comes through a three-year program aimed at solar, wind, battery storage, hydrogen, and charging stations. The group wants to make it easier for India to use more green energy and cut pollution.
This partnership isn’t just about capital. The group will also help Aditya Birla Capital improve how it checks projects for environmental and social risks. This step keeps the program in line with rules that protect people and nature. It also fits with India’s goals to use more clean energy and meet its Paris Agreement promises.
Gregory Liu from AIIB said, “This investment exemplifies AIIB’s approach of leveraging strong financial institutions to deliver sustainable infrastructure solutions.” His group hopes working together will show real results for energy and transport.
Vishakha Mulye, who leads Aditya Birla Capital, also supports the plan. “Partnering with AIIB is an important step forward in this journey. It helps us to enhance our ESG framework and positions us to generate long-term, positive impact across environmental and social dimensions,” she said.
The program will help more people in India use clean power and green vehicles. It also shows what is possible when groups work together to solve big problems—like climate change and energy needs.
