Sprng Energy, a renewable energy platform was set up in India with an initial aim to set up c.2.5GW (1.4% of 175 GW of the then target set up by Ministry of New and Renewable Energy, Government of India) of renewable energy capacity (solar and wind) by 2022. In August’2022, Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, acquired 100% stake in Sprng Energy from Actis – a leading global investor in sustainable infrastructure. 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 realized 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. We further have acquired 194 MW operating solar assets and bagged another 120 MW and 200 MW solar project in Mar’21 and Mar’22 respectively. Till date, we have 2502.98 MWp solar projects and 497.5 MW of wind power projects & out of which 497.5 MW wind and 1633.98MWp solar is already operational.