ACC to Acquire 26% Stake in AMPIN Andhra Power to Strengthen Renewable Energy Sourcing
ACC Limited has approved the acquisition of a 26% equity stake in AMPIN Andhra Power Private Limited as part of its strategy to increase the use of renewable energy across its manufacturing operations. The proposal was approved by the company’s Board of Directors at its meeting held on July 24, 2026.
The investment will enable ACC to source green electricity under the captive consumption provisions of the Electricity Act, supporting the company’s sustainability goals while optimizing long-term energy costs.
Key Transaction Highlights
Under the proposed transaction, ACC will acquire a minority stake in the renewable energy company through a cash investment.
Transaction Details
- Target Company: AMPIN Andhra Power Private Limited
- Industry: Renewable Energy and Infrastructure
- Equity Stake: 26%
- Shares to be Acquired: 9,58,548 equity shares
- Investment Amount: Approximately ₹5.31 crore
- Mode of Consideration: Cash
- Expected Completion: On or before October 30, 2026
- Regulatory Approval: No governmental or regulatory approvals are required for the transaction.
Renewable Energy Strategy
The acquisition forms part of ACC’s broader strategy to increase the share of renewable energy in its power consumption.
By holding a 26% equity stake, ACC will qualify as a captive consumer under the Electricity Act, allowing the company to directly procure renewable power generated by AMPIN Andhra Power.
The arrangement is expected to provide several strategic benefits, including:
- Increased use of renewable energy across cement manufacturing operations.
- Lower dependence on conventional power sources.
- Improved long-term energy cost efficiency.
- Reduced carbon emissions and enhanced sustainability performance.
- Compliance with captive consumption requirements under the Electricity Act.
About AMPIN Andhra Power
AMPIN Andhra Power Private Limited was incorporated on October 24, 2016, and operates in the renewable energy and infrastructure sector.
The company’s recent financial performance includes:
- FY25 Revenue: ₹8.54 crore.
- FY24 Revenue: ₹7.06 crore.
- FY23 Revenue: ₹9.94 crore.
The company develops and operates renewable power assets that supply clean electricity to industrial consumers through captive and group captive arrangements.
Strengthening Sustainability Initiatives
The investment aligns with ACC’s ongoing efforts to reduce its environmental footprint and increase the use of clean energy across its manufacturing facilities.
The company continues to focus on:
- Expanding renewable energy consumption.
- Reducing operating costs through captive power sourcing.
- Lowering carbon emissions.
- Supporting India’s transition toward sustainable industrial manufacturing.