RENERGO DEVELOPERS PRIVATE LIMITED

Business Overview

• REnergo Developers Pvt Ltd, brand: "REnergo", is a Delhi-registered, operating out of Noida, renewable-energy investment-cum-EPC firm founded in 2012/began solar operations 2013.
• It specializes in utility-scale solar power project development across the Indian subcontinent, with a regional office in Kathmandu, Nepal and partner presence in Sri Lanka.
• Services: project development, site assessment, system design, EPC and regulatory/compliance management, investment support, financial modeling, investor partnerships, and O&M.
• Claims track record of 2000+ MW of project experience with clients including Mahindra, Cairn Energy, ITC Ltd and Orange Renewable, per company website/search aggregators — not independently verified.
• Current pipeline reported (2026) as ~50 MW project development + 40 MW pure-EPC in India and ~60 MW investment-cum-EPC in Nepal, plus a March 2026 JV announcement with Bessco Power targeting 1,000 MW of renewable projects across India and Nepal (source: Tracxn).
• Team size reported 11–50 employees, aggregator estimate, unverified.

Sector & Classification

Electric power generation/transmission/distribution — solar power project execution and related services; Tracxn/TheCompanyCheck classify under "Other professional, scientific and technical activities" (Business Code M9). Industry: renewable energy / solar EPC.

Directors & Key Management

Current board (confirmed by 2 sources — Tofler and TheCompanyCheck agree on names, appointment dates, tenure): - Mayank Rohilla — Director, appointed 10 Dec 2012 (DIN 06428395 per Tofler only — single source, partial) - Ritu Goyal — Director, appointed 10 Mar 2015 (DIN 06675326 per Tofler only — single source, partial) - Nishant Goyal — Director, appointed 03 Oct 2016 (DIN 06675318 per Tofler only — single source, partial) Past/resigned directors (per a Zauba Corp search snippet only, not independently fetched since Zauba is a blocked source per policy — treat as unconfirmed lead): Seema Ghosh, Abhijeet Ghosh. Abhijeet Ghosh is separately named in some aggregator write-ups as a "founder" of REnergo, consistent with an early/exited director rather than entity confusion.

GST Registrations

Not obtained. No GSTIN could be located via knowyourgst.com, findgst.in, mastersindia.co, or ClearTax's per-GSTIN API (searches by company name and by the PAN AAECT4897P returned no matching record). PAN AAECT4897P is single-sourced (Tofler) and unconfirmed. Home state would be Delhi (07) if PAN is correct, but the actual GSTIN, registration count, and GST status are not obtained.

Financials

• FY2023-24, year ended 31 Mar 2024, standalone, not audited-filing-sourced, aggregator-derived:
• Revenue: ₹23.01 Crore, down ~17% YoY, TheCompanyCheck; Tracxn independently shows the same "₹10-50 Cr" bracket and -17% revenue CAGR, and +40% EBITDA CAGR — two-source agreement on the growth-rate figures, but absolute EBITDA/PAT locked/not obtained
• EBITDA: not obtained, premium-gated on TheCompanyCheck; only YoY growth rate (+40%) available via Tracxn
• PAT: not obtained (premium-gated)
• Net worth: not obtained
• Borrowings: see Charges section — ₹10 Cr in open secured charges as of the last filing
• An older, likely stale aggregator snippet (2022) mentions "59.83% revenue growth, 282.44% profit growth, 31.11% net worth growth" for FY2022 — too vague/unsourced to rely on, flagged as a possible data-quality artifact, not used as a confirmed figure.
• No standalone-vs-consolidated distinction was stated by any source; company appears to have no subsidiaries reported, so likely standalone by default.

Funding History

• No external equity funding rounds identified, Tracxn: "Unfunded," Tracxn Score 36/100. The company's external capital appears to be debt only — see Charges. No VC/PE investor names found on Tracxn, Crunchbase, or Bounce Watch beyond generic "no funding" tags.

Shareholding

• Not reliably obtained.
• One aggregator snippet references "63.50% public holding (2022)" for this entity, which is inconsistent with its status as an unlisted private limited company and is treated as a likely template/data artifact rather than a real cap-table fact.
• No verified shareholder list or promoter shareholding percentage was found
• Detailed shareholding is gated behind premium access on TheCompanyCheck/Tofler.

Loans & Charges

Related Parties

• No formal related-party disclosures found, no MCA filing/annual report was accessible. Notable group/affiliation signals: the "REnergo" brand and website (renergo.in) belong to this legal entity
• A March 2026 joint-venture announcement with Bessco Power, ~1,000 MW India+Nepal renewable pipeline, was reported by Tracxn but not independently corroborated elsewhere.
• Two apparent family clusters among past/present directors, Goyal — Ritu Goyal & Nishant Goyal; Ghosh — Seema Ghosh & Abhijeet Ghosh, per unconfirmed Zauba snippet, suggest a closely-held, founder/family-run structure, not confirmed via a primary filing.

Credit Ratings

• Not obtained. No CRISIL, ICRA, or CARE rating for Renergo Developers Private Limited was found via targeted search
• Company appears too small/unlisted-debt to have a public agency rating, or the rating (if any) is not indexed by the searched sources.

Competitive Landscape

• Named peers in Indian solar EPC / utility-scale solar development, first 3 with Tracxn-assigned relative scale scores, confirmed via Tracxn's own peer ranking on the same page; remaining 2 added as commonly cited larger-scale peers in the same space, not Tracxn-sourced:
• 1. Rays Power Infra — Tracxn Score 75/100, larger/more established solar EPC+IPP player
• 2. InSolare Energy — Tracxn Score 70/100, comparable/larger solar EPC player
• 3. SAEL — Tracxn Score 66/100, larger integrated solar manufacturing+IPP group
• 4. Amplus Energy Solutions, Petronas-backed C&I solar IPP, — materially larger scale, not Tracxn-sourced, general market knowledge
• 5. Fourth Partner Energy — materially larger scale, pan-India C&I solar player, not Tracxn-sourced, general market knowledge
• Renergo/REnergo appears smaller in scale than all five listed peers based on Tracxn's own scoring and revenue bracket.

Frequently Asked Questions

Sources

Tofler (https://www.tofler.in/renergo-developers-private-limited/company/U65999DL2012PTC245944), TheCompanyCheck (https://www.thecompanycheck.com/company/renergo-developers-private-limited/U65999DL2012PTC245944), Tracxn (https://tracxn.com/d/legal-entities/india/renergo-developers-private-limited/__OMLXarsg1Sn2XB_FBZGbu1o6w8vGS5k9Iug0SLs3__E), company website (https://www.renergo.in/), general web search aggregating IndiaMART, LinkedIn, Crunchbase, Bounce Watch listings (used only for corroborating business description, not financial figures). Falconebiz search-URL guess resolved to its generic homepage, not a company profile, so it contributed no data this pass.