# Prozeal Green Energy Limited

> Prozeal Green Energy Limited develops and builds renewable energy projects for industrial, commercial and government customers. Its core is turnkey solar EPC, with solar parks, operations and maintenance, and an independent power producer business alongside expansion into wind, hybrid systems and storage.

- **Founded:** 2013
- **Headquarters:** Ahmedabad, India
- **Founders:** Shobit Rai (Co-Founder and Managing Director), Manan Thakkar (Co-Founder and Managing Director)
- **Products:** Turnkey solar EPC, Commercial and industrial solar parks, Independent power producer services, Operations and maintenance, Wind and solar-wind hybrid EPC
- **Notable:** 182 completed solar projects totalling 783.98 MWp through September 30, 2024, as disclosed in the DRHP., Fourth-largest Indian solar EPC company by FY2024 operating revenue in the commissioned CRISIL industry study cited by the DRHP., Delivered a 9.2 MWp rooftop installation for Reliance Spinning Mills in Nepal, per the DRHP.

## Products & services

- **Turnkey solar EPC** — Engineering, procurement, construction and commissioning for rooftop, ground-mounted and utility-scale projects.
- **Commercial and industrial solar parks** — Developed sites combine land and infrastructure for customers buying renewable generation.
- **Independent power producer services** — Develop and operate generating assets with long-term power purchase agreements, including group captive ventures.
- **Operations and maintenance** — Monitoring, asset management and maintenance for renewable plants.
- **Wind and solar-wind hybrid EPC** — Integrate renewable resources; the June 2026 ONGC award concerns 250 MW of captive wind development.
- **Battery energy storage solutions** — Site analysis, storage design, grid integration, commissioning and performance management; advertised capability, without a verified installed fleet here.
- **EV charging infrastructure** — EPC and charge point operation; company timeline dates first infrastructure development to 2022.
- **Green hydrogen solutions** — An expansion area; leadership described large-scale commercial viability as a later opportunity in May 2026.

## Achievements

- 182 completed solar projects totalling 783.98 MWp through September 30, 2024, as disclosed in the DRHP.
- Fourth-largest Indian solar EPC company by FY2024 operating revenue in the commissioned CRISIL industry study cited by the DRHP.
- Delivered a 9.2 MWp rooftop installation for Reliance Spinning Mills in Nepal, per the DRHP.
- June 2026 notification of award from ONGC for 250 MW of captive wind projects, valued at approximately ₹2,000 crore; not a commissioning milestone.

## Latest updates

- **2026-07** — CRISIL reaffirmed A-/Stable and A2+ ratings; the earlier Positive outlook had been revised in June.
- **2026-06** — Announced ONGC wind notification of award worth about ₹2,000 crore for 250 MW.
- **2026-06** — PTI reporting described a proposed ₹700 crore IPO; this profile does not treat a planned issue as completed financing.
- **2026-05** — Shobit Rai described hybrid EPC, storage and maintenance as priorities in an EPC World interview.

## Links

- Website: https://prozealgreen.com
- LinkedIn: https://www.linkedin.com/company/prozeal-green-energy/
- Twitter/X: https://twitter.com/Prozeal
- YouTube: https://www.youtube.com/channel/UCY0xFOjIGuwQlIBq5wCjxrA
- Instagram: https://www.instagram.com/prozeal.green/
- Facebook: https://www.facebook.com/ProzealInfra502

---

Profile page: https://yespress.io/prozeal-green-energy-limited
Published by YesPress — https://yespress.io
Last updated: 2026-10-11