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TrueRE Oriana Power

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Oriana Power Limited is an Indian renewable energy company specializing in solar energy solutions. They provide end-to-end services including design, engineering, procurement, construction (EPC), and operation & maintenance (O&M) for ground-mounted, rooftop, and floating solar projects. Their primary focus is on industrial, commercial, and institutional clients in India, aiming to facilitate their transition to sustainable energy.

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Founded 2017
Renewable Energy DeveloperDeveloperEPC ContractorOperator

Strategic Overview

  • Strong focus on the Commercial & Industrial (C&I) segment for solar energy solutions in India.
  • Offers comprehensive end-to-end services, including EPC and O&M, providing a full lifecycle solution to clients.
  • Recent Series A funding round indicates significant growth potential and investor confidence in their business model and market position.

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Deal Activity from Public Sources

Oriana Power raises INR 100 crore (approx $12M) in Series A funding round led by Neev Fund II
Financing Solar PV India April 2024 with Neev Fund II
Oriana Power secures 27 MW solar project from a leading cement manufacturer
Development Solar PV India March 2024 27 MW
Oriana Power commissions 10 MW solar project for a leading cement manufacturer
Development Solar PV India February 2024 10 MW

Investment Focus

Technologies
Hydrogen1
Geography
India1

Key People

Anirudh Saraswat
Co-Founder & CEO
Parveen Kumar
Co-Founder & COO
Rupal Gupta
Co-Founder & Director

Track Record

350
MW Total
100
Deals Completed
7
Years Active
Notable projects: Ground-mounted solar projects for industrial clients across India, Rooftop solar projects for commercial and institutional clients across India, Floating solar projects (capability)

Detailed Analysis

Technologies
Solar PVBattery Storage
Sectors
Energy TransitionUtilities
Geographies
India
Deal Stage
GreenfieldOperating

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