“Renewable energy is no longer a niche fuel.”

Fatih Birol - Turkish Echonomist

Sprng Energy is a renewable energy platform set up in India by Actis – a private equity fund manager that invests exclusively in the world’s growth markets, with a total commitment of US$450mn of equity from Actis Energy Fund 4 to set up c.2GW (1.1% of 175 GW of target set up by Ministry of New and Renewable Energy, Government of India) of renewable energy capacity (solar and wind) by 2020. In Feb 2017, Solenergi – a 100% Mauritius based holding company of Sprng Energy Private Limited participated in the Rewa solar park auction and won its first 250MW project which is under execution. In the fall of 2017, Sprng energy won a 197.5 MW Wind Power Project under GUVNL Phase 1 tender at a record low tariff of INR 2.43/kWh which is the lowest tariff level realised under bidding regime in wind and solar industry in the country. In April 2018, we won two back to back projects under our belt, with one 300 MW Wind Power Project under SECI –Tranche IV and another 250 MW solar project under the NTPC Anantapur tender. Another 250 MW solar project came under our kitty in June’2018 which we won in SECI Kadapa Solar auction Till date, we have 750 MW (AC) solar projects and 497.5 MW of wind power projects under execution cumulating to a total of 1247.5 MW projects in the country.

  • To be a 2000 MW renewable energy company in the country by 2020 with an uncompromising focus on our assets and putting us and nation on a path of sustained growth.
  • To adhere to the highest safety, environmental and governance standards while giving back to the communities we work with.
  • To be an employer of choice through a culture of trust and empowerment.
  • To create stakeholder wealth through excellence and team work.
  • To create a workplace focused on the wellbeing of stakeholders from employees, partners, suppliers, contractors and communities whom we work with

To build a best-in-class Clean Energy platform which delivers superior stakeholder value in a sustainable and ethical manner while simultaneously scaling new benchmarks of Environmental Social Governance

Sprng Energy Pvt. Ltd

Office # 001, Level G, Pentagon P-5, Magarpatta City, Hadapsar, Pune – 411013. Contact 020-6749001