Kuwait’s Capital Edge to invest $1 billion in NexGen Energia to expand CBG infrastructure in India
The equity-based infusion will be channelled entirely into the development, deployment, and operation of CBG plants across India.
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Noida-based green energy leader NexGen Energia Ltd has secured a $1 billion equity investment commitment from Kuwait’s Capital Edge, setting the stage for a major expansion of India’s Compressed Biogas (CBG) infrastructure. The landmark funding will power the company’s nationwide rollout of CBG plants, reinforcing India’s push towards clean energy and energy independence.
The equity-based infusion will be channeled entirely into the development, deployment, and operation of CBG plants across India. As a frontrunner in the CBG sector, NexGen Energia sees this funding as a catalyst for its long-term sustainability goals.
“This capital infusion marks a pivotal moment in our journey. It will accelerate our vision to build a greener India through scaled-up CBG production. We’re excited about the environmental and social impact this will create across the country,” said Nishant Tiwari, Director Sales, NexGen Energia Ltd.
Tiwari emphasized the broader significance of the funding, adding, “We are committed to making every rupee of this investment work to promote innovation, create jobs, and facilitate India’s move towards energy independence.”
Capital Edge, a Kuwait-based investment firm, is known for its focus on high-impact, scalable projects in emerging markets across Asia, Africa, and the Middle East. Specializing in structured equity financing, the company backs ventures with measurable social and environmental outcomes. Its long-term equity model allows recipient firms to grow sustainably without the pressure of short-term repayments.
NexGen Energia’s expansion roadmap includes the establishment of 1,000 CBG plants nationwide by the end of 2026. The initiative is expected to significantly boost India’s green energy capacity while also addressing waste management and rural economic challenges.
Kishor Panda, CEO of NexGen Energia held that CBG is not just a clean-burning fuel—it’s a transformative tool for rural development and waste-to-energy innovation. “Every CBG plant we set up creates a ripple effect–job creation, rural entrepreneurship, and minimizing environmental waste,” Kishor Panda added. “With this capital backing, we can now accelerate plant building, increase supply chain efficiencies, and expand our operations pan-India.”
Last year, company chairman Piyush Dwivedi revealed his firm’s plans to open 5,000 green diesel and CBG pumps nationwide in multiple phases over the next 10 years, with each pump costing approximately Rs 3 crore. Through this initiative, the company is committing Rs 15,000 crore to the green energy sector.
Before that, NexGen Energia announced Rs 3,000 crore investment in CBG sector in Gujarat following discussions with Gujarat Chief Minister Bhupendra Patel.
