VISION, MISSION AND VALUES

Our Vision

To build the best renewable energy company in the world

Our Mission
  • Build a world class portfolio of renewable energy assets and be in the top 10 globally.
  • Lead the energy transition by providing innovative solutions to our customers.
  • Build a culture of excellence by efficient and safe execution of all our projects.
  • We must maintain the highest standards of quality and sustainability and act responsibly at all times.
  • Foster a culture of trust, collaboration and performance to achieve our business goals and be an employer of choice.
  • Be a responsible corporate citizen and uphold the highest standards of corporate governance, ethics and integrity.

OUR VALUES & GUIDING PRINCIPLES

Collaboration

  • Team up, down & across
  • Be a trustworthy partner
  • To respect each individual in the company
  • Help each other become effective

Effectiveness

  • Getting Things done
  • Achieve results
  • Display professional integrity in our day to day working
  • Be agile in our responses to continually changing conditions affecting our business

Commitment

  • Continually give your best
  • Drive excellence
  • To take pride in who we are and what we do
  • To stretch our ambitions and be the best in what we do

Integrity

  • Be ethical
  • Be accountable

OUR ACHIEVEMENTS

We are the largest renewable energy IPP in India in terms of total energy generation capacity. We have a strong track record of organic and inorganic growth having nearly doubled our operational capacity in each of the last three Fiscal Years.

We have demonstrated our ability to access diversified pools of Indian and international capital, including equity, project finance and corporate debt, from a broad cross-section of investors, lenders and other capital providers.

We have grown faster than the renewable energy industry in India as a whole over the Fiscals 2011 – 2018. Between Fiscals 2013 – 2018 we grew our total operational capacity at a CAGR of 96.46% as compared to a CAGR of 21% over Fiscals 2011 – 2018 for operational capacity growth in the Indian renewable energy industry as a whole.

Since incorporation, we have added more operational capacity organically than any other renewable energy IPP in India.

History of Innovative Financing

  • Raised raised more than USD 1.5 Billion through closure of nonconvertible debentures (NCDs).
  • First Indian renewables IPP to raise USD 475 million Rupee-denominated “masala” bonds.
  • Got a USD 250 Mn, 23 year debt line for NSM Solar projects from OPIC.
  • Got Takeout financing from IIFCL in renewable sector.
  • Obtained credit enhancement from IIFCL to get AA+(SO) rating on project debt.
  • Raised funds from an Infrastructure Debt Fund (IDF) in renewable sector.