Actis raises Rs 183 billion; to focus on clean energy sector

Actis Capital, a private equity fund, has raised Rs 183.25 billion, of which it is planning to invest Rs 33.31 billion in India’s wind and solar projects. Initially, the company had expected to raise Rs 133.27 billion but due to oversubscription it raised Rs 183.25 billion. Actis has funded several renewable energy projects in the country over the past decade.