BluPine Energy is a renewable energy platform set up in India by actis – a leading global investor in sustainable infrastructure, with a total commitment of $800 million of equity from its actis energy fund 5 to set up 4GW of renewable portfolio.
BluPine Energy aims to progressively add around 1 GW of operational assets every year in its portfolio through utility services and open access areas of Solar, Wind, storage and C&I. Within first year of inception, we already have a pipeline capacity of around 1.2 GW of utility business through
Solar & Wind.
At BluPine Energy, we believe in building a sustainable world with green solutions that meet organizational as well as environmental needs. Delving into holistic development and operation of solar, wind, and storage assets, we are building value for a better tomorrow.
Representing the harmonious confluence of water (‘blu’ for its color) and earth (‘pine’), our name - BluPine Energy - reflects our commitment to creating a more sustainable future through renewable energy.
Our vision is clearly depicted in our logo with a halo of rays promising a better tomorrow. It also symbolizes the windmill (wind energy) and the sun’s light beams (solar power) through which BluPine Energy is shifting the energy paradigm towards the renewable spectrum.
The Energy Rays™ symbolize the transformation brought about by BluPine Energy. It paints a picture of the multiple ways in which we deliver innovation under one greater umbrella.
Creating state of the art solar energy solutions
that optimize the solar energy generation
Enabling wind power generation
that enhances the energy generation through wind models
Augmenting the M&A cycle
to capture value in the renewable sector
Empowering Commercial & Industrial consumers with economic viability
to overcome surcharge, demand, and high payback challenges
With a combined work experience of more than 100 years, BluPine Energy Leadership has strong capabilities across the complete value chain. Our secret is the shared dream of a carbon-free tomorrow and the sense of accountability that is combined in our DNA!
Together, we are taking steps for greener, more reliable, and more affordable Utilities!
Head of C&I Business
Rahul holds BE in Electronics and MBA in finance. he has an enormous experience across conventional and renewable energy sector. He is a specialist on C&I business in Indian renewable markets focusing on open access distribution of solar assets and energy efficiency platforms.
Head of Wind BU
A chartered accountant by qualification with an in-depth knowledge of Commercials, Business Development activities for wind business. He has worked across some of the renowned wind turbine manufacturers and is considered as one of the veterans in the Wind industry.
Head of Solar BU
A Mechanical engineer with a MBA degree from IIM Calcutta, he has an enormous experience across conventional and renewable energy sector and a proven track in managing the entire cycle of Solar farms for utility services and open access.
CEO
Neerav holds an Electronics Engineering degree from NIT and a MBA degree in Finance / Strategy from the university of Duke, USA. He has more than two decades of vast domain knowledge in distinguished verticals of renewable energy sector globally and has worked with renowned organizations throughout his span of career.
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. With a focus on sustainable infrastructure, it invests globally in energy infrastructure, long life infrastructure, digital infrastructure, real estate and private equity. In energy infrastructure, actis 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.
The actis energy infrastructure team have invested in over 70 renewable energy projects to date, generating approximately 11GW of renewable energy globally. Since inception, actis has raised $24 billion and currently has a team of approximately 350 people operating across 19 offices globally, with c.$19 billion AUM.
Most recently, the team realized three major energy investments in Latin America – the largest independent renewable energy platform in Brazil, the largest renewable energy IPP (independent power provider) in Chile and a leading IPP in Mexico. A major portion of the fund will be invested in India through BluPine Energy. actis has continued with its commitment to the Indian energy infrastructure sector through its recent platform BluPine Energy which they 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/
Learn moreThe candidate shall be responsible for the discussion, negotiation on the commercials and finalization of various contracts with supplier, vendor and contractor for the BOP works for the Wind Projects. He will be focusing on how to optimize the overall BOP cost to become competitive in the market.
Apply nowThe candidate shall be responsible for the discussion, negotiation on the commercials and finalization of various contracts with OEM for the Wind Projects. He will be focusing on how the OEMs are offering the WTGs, its commercials, scope etc etc to target best commercials offering OEM.
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