Deals Counterparts

Waaree Renewable Technologies Ltd

company 1 Deal 1 Partner

Mumbai-based Waaree Renewable Technologies Ltd is a leading solar EPC (Engineering, Procurement, and Construction) company in India, with over 1.2 GW of commissioned solar projects and an order book of 2.37 GW as of December 2023. It focuses on utility-scale solar power projects and provides O&M services across India.

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Founded 1999 Parent: Waaree Energies Ltd
EPC ContractorDeveloperOperator

Strategic Overview

  • Strong focus on solar EPC services, leveraging expertise in project execution.
  • Significant growth in order book, indicating robust demand for its services in the Indian market.
  • Benefits from being part of the larger Waaree Group, enhancing brand recognition and resource access.
  • Primarily concentrated on the Indian market for its solar project development and EPC activities.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Hitesh Chimanlal Doshi
Chairman & Managing Director
Dilipkumar M. Khandelwal
Whole-time Director & CFO
Viren Doshi
Director

Track Record

1,200
MW Total
25
Years Active

Detailed Analysis

Technologies
Solar PV
Sectors
Energy TransitionUtilities
Geographies
India
Deal Stage
GreenfieldOperating

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