Param Renewable Energy: Paving The Charge In The Global Energy Transition

Mr. Puneet Singh Jaggi,Founder & Director

Mr. Puneet Singh Jaggi

Founder & Director

Renewable energy start-ups are playing a crucial role in addressing the global energy crisis and mitigating the impact of climate change. With their focus on developing innovative technologies, these companies are providing sustainable alternatives to fossil fuels, which are finite resources and contribute significantly to carbon emissions.

By filling the gap in the market with clean energy solutions, renewable energy startups are driving economic growth, creating new job opportunities, and promoting sustainable development. One such company making waves in the renewable energy space is Param Renewable Energy. With a focus on solar power, Param Renewable Energy is committed to delivering reliable and affordable renewable energy solutions to its customers.

Param Renewable Energy is a young and dynamic company founded in 2019 by a group of passionate individuals who aimed to revolutionize the asset management of renewable energy projects. Based in Ahmedabad, Gujarat, India, Param has quickly emerged as one of the leading providers of O&M solutions in the country, inspiring people to invest in renewable energy sources.

The company has a mission to provide comprehensive renewable energy solutions that maximize investor profit. Param Renewable Energy's proficient leadership team is dedicated to decreasing one billion tonnes of CO2 emissions annually with their wind and solar energy portfolio of 5.3 GW.
The firm’s emphasis on quality and affordability aims to make clean energy reachable to all while promoting sustainable development.

Param offers comprehensive operation and maintenance (O&M) services for both solar and wind power plants in India. The company’s expertise in plant maintenance and cutting-edge diagnostics, along with a remote monitoring system, ensures that the plants are running smoothly and producing optimal power. Param aligns its objectives with the project owners to maximize profits and guarantee project success for the entire life of the power plant.

Param’s site-specific programs are designed to mitigate operational risks and provide top-notch O&M services. “Currently, our renewable manage portfolio of close to 5300 MW & is one of the largest independent operators of clean energy assets in India”, says Nagaraja Canchi, Head of Growth.

Param Renewable Energy has set its sights on expanding its global footprint & increasing its presence in the renewable energy sector

Founded by Anmol Jaggi and Puneet Jaggi, this dynamic company has a team of 800+ energetic professionals who are passionate about making a positive impact on the planet. Using state-of-the-art technology such as automation of module cleaning tools with robots and a central Network Operations Center (NOC) for monitoring entire client plants, Param Renewable Energy ensures that their renewable energy solutions are of the highest quality and reliability. “The team even utilizes flying drones to check on the health of solar panels, demonstrating their commitment to staying at the forefront of the industry”, says Nitesh Kumar, Head of Asset Management (India).

Param Renewable Energy has set its sights on expanding its global footprint and increasing its presence in the renewable energy sector. With a focus on the Middle East and North Africa (MENA) regions, as well as Southeast Asia, the company is positioning itself as a key player in these rapidly growing markets. The team is already on track to secure contracts in Egypt, with plans to expand into other areas including the Gulf region, Africa, Singapore, Vietnam, and the Philippines. By leveraging its expertise in renewable energy solutions and cutting-edge technology, Param Renewable Energy is poised to make a significant impact on the world stage and play a pivotal role in shaping the future of energy.