JK Tyre & Industries Ltd. is expanding its footprint in the power generation sector with two strategic investments.
The company has agreed to invest ₹1.53Cr to acquire a 26% equity stake in Fourth Partner Energy Private Limited (FPEL) and ₹5.04Cr to acquire a 26% stake in Sunpulse Power Limited (SPPL).
Both deals are structured as cash consideration transactions, marking JK Tyre’s entry into renewable and conventional power ventures.
FPEL, incorporated on 28th May 2025, operates as a Special Purpose Vehicle (SPV) of Fourth Partner Energy and focuses on power generation and sale. “The investment is part of our strategy to diversify into energy solutions and align with sustainability goals,” a company spokesperson said.
SPPL, a wholly-owned subsidiary of Oriana Power Limited and incorporated on 27th July 2025, will see JK Tyre secure a 26% stake. “Our partnership with SPPL will help us scale renewable energy solutions and strengthen our energy portfolio,” the spokesperson added.
With these moves, JK Tyre is signaling a clear push into the energy sector, aligning with broader trends of industrial players investing in power and renewables.
Both FPEL and SPPL are newly incorporated entities, highlighting JK Tyre’s approach of entering at the ground level and shaping these ventures from inception.
Also Read: JK Tyre Q3 Results: Profit surges four-fold as margin expands sharply on strong demand
The investments come as the company seeks to diversify its portfolio beyond its core tyre and automotive business, leveraging emerging opportunities in India’s power and renewable energy sector.
