Zodiac Energy Limited

company 1 Deal 1 Partner

Ahmedabad, India-based renewable energy company specializing in the design, installation, and maintenance of solar power plants. With over 30 years of experience, it has installed over 100 MW across 10,000+ projects for residential, commercial, and industrial clients primarily in India.

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Founded 1992 150 employees

Renewable Energy CompanyEPC ContractorDeveloperOperator

Strategic Overview

Focuses on end-to-end solar energy solutions including design, installation, and maintenance.
Serves a diverse client base including residential, commercial, industrial, and agricultural sectors.
Strong regional presence in Gujarat and other parts of India.

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Deal History (1)

Zodiac Energy acquires 98% stake in Shamli Solar Projects LLP

Buyer Solar India Mar 11, 2026 USD213M

Investment Focus

Technologies

Solar1

Geography

India1

Key People

Mr. Kunjbihari Shah

Chairman & Managing Director

Mr. Jhankarkumar Shah

Whole-time Director & CFO

Mr. Dipak Shah

Whole-time Director

Mr. Naimish Shah

Whole-time Director

Mr. Jigar Shah

Whole-time Director

Track Record

100

MW Total

10000

Deals Completed

Years Active

Detailed Analysis

Technologies

Solar PV

Sectors

Energy TransitionUtilities

Geographies

India (10000 deals)

Deal Stage

GreenfieldOperating

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