A leader and your Trusted Partner in the Energy Transition Journey
About Us
BluPine Energy is committed to providing its customers with comprehensive, cost-effective, and sustainable low-carbon solutions.
BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and world leader in funding and building sustainable infrastructure companies. With an investment of USD 800 million from Actis’ Energy Fund 5, BluPine Energy is dedicated to developing a state-of-the-art 4+GW renewable energy portfolio, exclusively in India.
Driven by a rapidly growing team of over 100 highly skilled professionals, BluPine Energy believes in creating a sustainable world through tailored decarbonization solutions to diverse customers, including state and central utilities, commercial buildings, industries, and communities. We develop, build, and operate solar, wind, and storage assets, leading to the creation of enduring value for a sustainable future.
Backed by a highly experienced global investor with deep roots in India, renowned for their exceptional track record in renewable energy, with successful ventures including Ostro Energy (now part of Renew Power) and Sprng Energy (acquired by Shell).
A strong, versatile, and experienced management team with hands-on execution credentials in India and overseas, boasting a cumulative experience of over 150 years in the renewable energy industry.
Focused on amplifying and accelerating the creation of our renewable portfolio with top-tier off-takers, encompassing greenfield projects, strategic M&A, and C&I business.
Deeply committed to global sustainable goals with a specific focus on clean energy, uplifting the lives of communities, and education.
Proficient in all aspects of the renewable energy value chain in India: Project Development, Engineering, Procurement, Construction, Operations, and Asset Management with an overarching focus on Technical and Financial excellence.
At our core, we prioritise unwavering adherence to the highest standards of corporate governance, compliance, and environmental, social, and governance (ESG) principles, guided by the patronage of marquis investors.
In less than a year, we have swiftly established an impressive pipeline of 1+ GW of renewable energy assets, strategically distributed across 7 states in India.
Dedicated to fostering a culture of trust and collaboration, we actively engage with our employees, partners, investors, and stakeholders to cultivate strong relationships that fuel mutual success.
Our Vision
To be a trailblazing leader in the clean energy industry by delivering exceptional value to all stakeholders, with an unwavering commitment to sustainability and ethical practices.
Our Values
At our core, we are driven by a set of unwavering values that guide our every decision and action:
Integrity
We conduct our business with the utmost integrity, fostering trust and transparency in all our relationships and operations.
Stakeholder Focus
We prioritize stakeholder satisfaction and create shared value through our decarbonization solutions.
Collaboration
We value the power of partnerships with governments, communities, and organizations to drive collective action for sustainable energy.
Sustainability
We are committed to promoting sustainable practices that minimise our ecological footprint and contribute to a healthier planet for future generations.
Social Responsibility
We support communities, promote diversity, inclusion, and contribute positively to society.
Our Footprint
Projects | Operational | Advanced Development / Construction |
---|---|---|
WIND | 590MW | |
SOLAR | 355MW | 510MW |
C&I | 100MW |
Management
Neerav Nanavaty
Neerav Nanavaty comes with over two decades of experience in the energy sector across North America and India. He has worked with the world’s renowned green energy companies, leading all activities across renewables and energy services.
He holds an Electronics Engineering degree from NIT, Karnataka, and an MBA in Finance/Strategy from Duke University, USA.
Sanjeev Bhatia
With an impressive track record spanning 30 years, Sanjeev brings a wealth of experience and expertise to the team. Throughout his career, Sanjeev has demonstrated exceptional leadership in Business Partnership, Risk and Governance, Financial Management, and Strategic Planning resulting in Business Growth.
Manisha Nair
Manisha brings over 18 years of experience with a deep understanding of the HR field and has worked in a variety of organizations including renewables. She believes in promoting a positive and inclusive workplace culture and is committed to developing and implementing HR strategies that support the organization's goals and objectives. Manisha holds an MBA degree in Human Resources.
Manish Verma
Manish Verma is an accomplished professional with over 18 years of experience in regulatory and policy advocacy in the renewable energy sector. He has worked with renowned companies across India and holds a post-graduate degree in power management from MDU. . Passionate about driving positive change and accelerating the transition towards cleaner and greener energy solutions, Manish Verma continues to make significant contributions to the industry through his dedication and expertise.
Namrata Arora
Namrata Arora boasts 17+ years of extensive corporate legal expertise. She holds a five-year integrated law degree from Amity Law School, Guru Gobind Singh Indraprastha University, along with a Post Graduate Diploma Certificate in Antitrust and Competition Laws from the International Bar Association and the College of Law of England and Wales.
Rahul Mishra
Rahul is an expert in the Commercial & Industrial (C&I) business domain, specifically in open-access solar assets. With an impressive track record spanning over 20 years in both conventional and renewable energy sectors, Rahul possesses extensive sector-specific knowledge that greatly benefits the C&I business. He holds an Engineering degree in Electronics as well as an MBA with a specialization in Finance.
Ashish Agarwal
Ashish brings with him more than 18 years of expertise in the power industry, with a specialized focus on renewable energy for over 12 years. Prior to joining BluPine Energy, Ashish held the position of Chief Operating Officer (COO) at esteemed clean energy companies. Ashish holds an Engineering degree from NIT and an MBA degree from IIM Kolkata.
Dinesh Gupta
Dinesh brings a vast knowledge of Commercials and Business Development activities for the wind business in India. Throughout his career, Dinesh has worked with renowned wind WTG manufacturers and is recognised as one of the industry's seasoned professionals. His educational background includes a qualification as a Chartered Accountant.
Kapil Kumar
Kapil brings a wealth of knowledge and expertise in managing renewable assets for over 17 years. He holds an Engineering degree from IIT Bombay and has been associated with renowned renewable companies. Kapil is known for his technical, strategic, and operational skills at work.
Sumit Barat
Sumit brings over 20 years of experience and is dedicated to developing the safety and sustainability culture across the organisation. He holds a B. Plan degree from the School of Planning & Architecture and a certification in Business Sustainability Management from the University of Cambridge.
To create sustainable value and act on long-term opportunities, we are backed by an organization with a similar vision and mission.
Actis is a leading global investor in sustainable infrastructure, delivering competitive returns for institutional investors and measurable positive impact for the countries, cities, and communities in which it operates. Actis invests to accelerate the transition to a net-zero future and build competitive returns along the way. It invests on a global scale in buying and building power generation and distribution businesses, driven by strong market demand and growth, supporting the energy transition and accelerating the journey to net zero.
Countries Actis Energy Infrastructure has invested in since 2002
Key figures:
US$5bn committed to 115+ projects
24 GW generated from installed/ pledged projects
110m+ customers served by Actis' energy businesses
Actis has continued with its commitment to the Indian energy infrastructure sector through its recent platform BluPine Energy, created in 2021, with a capital investment of $800 million and a targeted capacity of 4 GW.
For more information, visit https://www.act.is/