KKR reportedly plans to invest more than ₹6,000 crore in Petronas’ India renewables arm

The Economic Times, citing people familiar with the matter, reports KKR is set to invest more than ₹6,000 crore in Gentari Renewable India, Petronas’ renewable energy unit. The funding would not directly give KKR a stake, but could give it an option to acquire one later, the people said. KKR’s Sapphire US Holdco has sought approval from India’s competition regulator for an investment, according to filings seen by the newspaper.