The Asian Infrastructure Investment Bank (AIIB) has subscribed to INR13,012.5 million (about USD150 million) of non-convertible debentures issued by Aditya Birla Capital Limited, one of India’s leading diversified financial services companies. The three-year, privately placed investment aims to accelerate financing for India’s renewable energy and e-mobility sectors, supporting the country’s transition toward a sustainable infrastructure ecosystem.
AIIB’s financing will support lending activities in the following sectors:
- Renewable energy generation: solar, wind, geothermal, pumped storage, hydrogen production and energy storage systems.
- Electric mobility ecosystems: development of electric vehicles (EVs), EV batteries and charging infrastructure.
As part of this collaboration, AIIB is helping Aditya Birla Capital enhance its environmental and social management system, aligning it with AIIB’s environmental and social framework to ensure robust environmental and social governance for sub-projects.
“This investment exemplifies AIIB’s approach of leveraging strong financial institutions to deliver sustainable infrastructure solutions,” said Gregory Liu, Director General of AIIB’s Financial Institutions and Funds Clients, Global. “By partnering with Aditya Birla Capital, we are advancing clean energy and mobility solutions while deepening our impact through enhanced ESG practices.”
“At Aditya Birla Capital, our mission is to simplify finance and drive sustainable growth to create long-term value for our stakeholders,” said Vishakha Mulye, Managing Director and Chief Executive Officer (Designate) of Aditya Birla Capital Limited. “Partnering with AIIB is an important step forward in this journey. It helps us to enhance our ESG framework and positions us to generate long-term, positive impact across environmental and social dimensions. We believe this collaboration will create strong, future-ready value for our stakeholders and contribute to India’s development goals.”
This investment aligns with India’s Nationally Determined Contributions under the Paris Agreement and supports government initiatives such as the National Infrastructure Pipeline and Renewable Energy Targets. It also underscores AIIB’s ongoing efforts to build resilient, sustainable infrastructure ecosystems across Asia through partnerships with leading financial intermediaries.
About AIIB
The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing Infrastructure for Tomorrow, with sustainability at its core. Headquartered in Beijing, AIIB began operations in 2016 and has grown to 110 full and approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, AIIB aims to better connect people, services, and markets, thereby improving the lives of billions.
About Aditya Birla Capital Limited
Aditya Birla Capital Limited is a listed systemically important non-deposit taking Non-Banking Financial Company and the holding company of the financial services businesses. ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across loans, investments, insurance, and payments to serve the diverse needs of customers across their lifecycles. Powered by over 60,000 employees, the businesses of ABCL have a nationwide reach with over 1,623 branches and more than 200,000 agents/channel partners along with several bank partners. ABCL and its subsidiaries/JVs manage aggregate assets under management of over Rs. 5.11 Lakh Crore with a consolidated lending book of over Rs 1.57 Lakh Crore as of March 31, 2025.
Aditya Birla Capital Limited is part of Aditya Birla Group, a global conglomerate valued at USD66 billion and ranked among the Fortune 500. With a workforce of over 187,000 employees across 100 nationalities, the Group has a strong presence in a wide range of sectors such as metals, cement, fashion, financial services, textiles, and trading. Today, over 50% of the Group’s revenues come from its international operations in over 40 countries across North and South America, Africa, Asia, and Europe.