Ampin Energy Transition Private Limited (FMO-65293)

Regions
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • India
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 21, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
AMPIN Energy Transition
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 49.65 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported INR 4450.00 MLN
Converted using 2025-11-21 exchange rate.
Loan Amount (USD)
$ 49.65 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported INR 4450.00 MLN
Converted using 2025-11-21 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS Jan 11, 2026

Disclosed by Bank Aug 29, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the FMO, the financing consists of a USD 50 million (equivalent in INR) corporate facility. The use of proceeds of the loan will go to the development of greenfield renewable energy projects and the refinancing of existing financing attracted for the purpose of greenfield renewable energy projects.

The financing will aim to support the expansion of the renewable energy portfolio of AMPIN. This closely aligns with the strategic objectives of FMO to increase its investment in climate mitigation measures and supports India's target of achieving 500 GW non-fossil fuel capacity by 2030. The financing is labelled 100% Green.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to the FMO, AMPIN Energy Transition is a leading renewable energy company with a total portfolio of 5 GWp across 23 states in India. Headquartered in New Delhi, with regional offices in Mumbai, Bangalore, and Kolkata, the company is led by a team of seasoned industry professionals and backed by top-tier institutional investors from Europe and Asia. AMPIN provides renewable energy solutions to both Commercial & Industrial (C&I) and utility-scale customers, helping them reduce operating costs while accelerating their sustainability goals. With a balanced and diversified portfolio, the company plays a key role in India's clean energy transition. AMPIN aims to scale its renewable energy capacity to 10 GWp by 2030, reinforcing its commitment to a greener future. In addition to its core renewable energy generation business, AMPIN's energy transition initiatives also include strategic areas such as energy trading, solar cell and module manufacturing, green hydrogen, and energy storage.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - AMPIN Energy Transition Client Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - AMPIN Energy Transition:

Website: https://ampin.energy/ 

ACCESS TO INFORMATION

As part of FMO's ex-ante disclosure (disclosure of transactions before contracting), you can send requests or questions for additional information to: disclosure@fmo.nl

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW). A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism

How it works

How it works