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Bharti Airtel’s arm to acquire 35% stake in AMPIN Energy C&I Sixteen
Oct-30-2025

Bharti Airtel’s subsidiary -- Nxtra Data has entered into an agreement for acquisition of 51,92,000 (35%) equity shares in AMPIN Energy C&I Sixteen, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant. The objective of the acquisition is to comply with regulatory requirement for captive power plants under the provisions of Electricity Act, 2003 and Indian Electricity Rules, 2005 and procurement of cost-effective renewable energy.

The completion of the acquisition is subject to the receipt of all consents, permissions required to be obtained by AMPIN Energy C&I Sixteen from regulatory authority for open access for captive consumption of electricity. AMPIN Energy C&I Sixteen is an SPV of AMPIN C&I established for developing, constructing, operating and maintaining 13.2 MW solar power plant at Dighol-Islamnpur, Parbani, Maharashtra. The project will be connected at 132 KV sub-station and will supply green power to Nxtra Data through intrastate network.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

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