Timeline

1987

01

Incorporated in 1987 with the objective of producing world-class WEG's.

1995 - 2000

02

Exceeded the revenue by $60 mn to become the first European Indian Commercial Wind Farm in India.

2001 - 2007

03

Revenues showed an upward trajectory growing at 45% CAGR and profits at over 70% CAGR.

2008 - 2012

04

Merrill Lynch invested $55mn in the company and the revenues peaked by approx 200 mn USD.

2013 - 2015

05

The company lost market share due to external factors but remained profitable despite a drop in revenues.

2016 - 2020

06

The company continues to be a debt a free company with a significant reduction in losses.

Timeline

New Generation Wind Turbine Technical Collaboration

RRB Energy in a process of entering into a technical partnership with an overseas partner. The partner company, in existence since 40 years, is one of the earliest wind turbine manufacturer and has been a specialist of wind power technologies

Contract Manufacturing of Solar and Wind

As of March 2020, 86.75 GW of renewable energy has been installed, of which solar and wind comprises 34.40 GW and 37.66 GW respectively. The Government of India has set an ambitious target of achieving 175 GW of renewable energy capacity by 2022.

EPC of Solar and Wind Projects

The Indian renewable energy sector is the 4th most attractive renewable energy market in the world. India is ranked 4th in wind power, 5th in solar power and renewable power. Government to establish renewable energy capacity of 500 GW by 2030.

Renewable Energy Fund

Increase focused on Atmanirbhar Bharat and Make in India to promote heavy investment in Renewable Sector (Component’s sale potential given the already Available manufacturing capacity).

Acquisition of Renewable Energy Projects

GOI working towards facilitative policies + ramping up infrastructure required to achieve the targets for RE in India

Operation And Maintenance

RRB plans to implement changes in order to grow the Operation and Maintenance business.

TOP