Read earlier today that the Indian VC & PE community are likely to invest $1 billion during the current fiscal into Indian cleantech companies. That’s a heck of a lot, considering the total investments in renewable energy / cleantech in 2009 was about $5 billion (with a very large % in the form of project finance).
With established players such as Moser Baer, Caparo Energy etc keen on raising funds from the PE/VC market, $1 billion will not exactly be a shock, though.
Some of the key VC/PE firms that are likely to be active are IFC, Climate Change Capital, IDFC Private Equity, FE Clean Energy, Barings PE etc.
