Apollo Green Energy, a division of Apollo International Group in India, is preparing for an initial public offering (IPO) by the end of 2025. The company, deeply engaged in engineering, procurement, and construction (EPC) for sustainable energy projects, plans to allocate the funds from the IPO primarily towards green initiatives. These include solar power projects, battery storage systems, green hydrogen ventures, and the development of EV charging infrastructure. CEO Sanjay Gupta emphasized the commitment to green projects and the significance of solar projects in their investment strategy. Apollo Green Energy aims to increase its solar manufacturing capacity and venture into green hydrogen technology, with plans to collaborate with international providers for deploying green hydrogen solutions in India. The company's order book currently stands at INR 3,500 crore, with projections to reach INR 10,000 crore by 2025, majorly driven by solar projects. The company foresees hiring additional staff and investing in working capital to support this growth. Recent successes include securing solar contracts and expanding into various renewable energy projects across states like Odisha, Kerala, and Gujarat. Apollo Green Energy's financial performance has shown significant growth, with revenues rising from INR 324.83 crore in FY22 to INR 1,174.77 crore in FY24, with further projections for FY25. The company's ratings from CRISIL reflect its stable financial health. Aligning with India's ambitious renewable energy goals, Apollo Green Energy plans to contribute to the nation's target of 500 GW of renewable energy by 2030. By prioritizing solar power, green hydrogen, and battery storage projects, the company aims to play a vital role in the country's energy transition. The IPO set for Q4 of CY25 is a strategic move for Apollo Green Energy to drive growth, offer value to investors, and solidify its position as a leader in the renewable energy sector.