About Param Renewable Energy
Param Renewable Energy is an Energy & Utilities company based in Ahmedabad (India) founded in 2019. It offers operations and maintenance for solar, wind, and green hydrogen projects. It operates on a B2B and SaaS model. The company has 1,034 employees. Its Indian entity Param Renewable Energy Private Limited reported revenue of ₹54.46 Cr. Param Renewable Energy offers products and services including Solar O&M, Wind O&M, Green Hydrogen Services, BESS Monitoring, and Module Cleaning Robot. Its focus areas include Energy, Renewable Energy, Operations and Maintenance and Wind. Its competitors include Gensol and Inspire Clean Energy.
Company details
Param Renewable Solutions specializes in tech-led operations and maintenance for renewable energy assets, using AI and analytics to optimize performance and ensure safety. They provide end-to-end services for solar, wind, green hydrogen, and BESS projects, managing over 7000 MWp across 200 sites. Based in Ahmedabad, India, with global offices, they serve 70 clients and focus on compliance and CO2 reduction.
- Headquarters Ahmedabad, India
- Employees 1,034
- SectorsEnergy & Utilities
- Email••••••••
- Website paramrenewable.com
- Social LinkedIn
- Legal Name Param Renewable Energy Private Limited
- Date of Incorporation 04 Jan, 2019
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹54.46 Cr
FY 2023 · +10% YoY
- Net Profit₹1.08 Cr
FY 2023 · 2% margin
- EBITDA₹3.45 Cr
FY 2023 · 6% margin
- Employee Count1,034
Associated legal entities of Param Renewable Energy
Param Renewable Energy operates through Param Renewable Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Param Renewable Energy Private Limited CIN U74999GJ2019PTC105888 | Active | 04 Jan 2019 | Ahmedabad, Gujarat | ₹54.5 Cr | 1,034 | 2 | View details |
Products & Services of Param Renewable Energy
Param Renewable Energy offers a comprehensive portfolio of products and services, including Solar O&M, Wind O&M, Green Hydrogen Services, BESS Monitoring, and Module Cleaning Robot.
Comprehensive operations for solar projects to optimize performance
End-to-end asset management for wind turbines
Maintenance for green hydrogen plants maintaining OEM standards
Superior monitoring for battery energy storage systems
Automated cleaning solutions for solar modules
Board of directors of Param Renewable Energy Private Limited (Param Renewable Energy)
Param Renewable Energy Private Limited is the primary company behind Param Renewable Energy. The board of Param Renewable Energy Private Limited currently have 2 directors; the longest-serving is Anmol Singh Jaggi, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anmol Singh Jaggi DIN 01293305 | Director | 28 Apr 2020 | 6 yrs 6 mo | Param Renewable Energy Private Limited |
| Puneet Singh Jaggi DIN 02479868 | Director | 28 Apr 2020 | 6 yrs 6 mo | Param Renewable Energy Private Limited |
Financials of Param Renewable Energy
Figures of Param Renewable Energy Private Limited, the primary company behind Param Renewable Energy, for FY 2023. Revenue was ₹54.46 Cr (+10% year on year). Net profit was ₹1.08 Cr (2% margin). EBITDA was ₹3.45 Cr (6% margin). Revenue has grown at a compounded annual rate of +28% over three years.
- ₹54.46 CrRevenue · FY 2023 · +10% YoY
- ₹1.08 CrNet profit · 2% margin
- ₹3.45 CrEBITDA · 6% margin
- ₹15 LakhPaid-up capital
- 1,034Employees (provident fund records)
- +28%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Param Renewable Energy Private Limited are on its company page.
Detailed financial statements for Param Renewable Energy
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Competitors of Param Renewable Energy
Param Renewable Energy has 2 listed competitors in our database. They include Gensol and Inspire Clean Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gensol.in | 2007 | Ahmedabad, India | 300 | Provider of solar advisory and execution services | ||
| inspire-ce.com | 2015 | Mumbai, India | 132 | Provides solar PV asset management and operations & maintenance services. |
Detailed competitors of Param Renewable Energy
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Param Renewable Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Param Renewable Energy
Param Renewable Energy was founded in 2019.
Param Renewable Energy is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Param Renewable Energy has 1,034 employees.
The primary company behind Param Renewable Energy, Param Renewable Energy Private Limited, reported revenue of ₹54.46 Cr for FY 2023, up 10% year on year.
Param Renewable Solutions specializes in tech-led operations and maintenance for renewable energy assets, using AI and analytics to optimize performance and ensure safety. They provide end-to-end services for solar, wind, green hydrogen, and BESS projects, managing over 7000 MWp across 200 sites. Based in Ahmedabad, India, with global offices, they serve 70 clients and focus on compliance and CO2 reduction.
Param Renewable Energy's top competitors include Gensol and Inspire Clean Energy.
Param Renewable Energy offers Solar O&M, Wind O&M, Green Hydrogen Services, BESS Monitoring, and Module Cleaning Robot.
Param Renewable Energy operates through Param Renewable Energy Private Limited.
The legal entities of Param Renewable Energy currently have 2 directors, including Anmol Singh Jaggi, Puneet Singh Jaggi.