ROOFSOL ENERGY PRIVATE LTD

Optimized Energy Solutions

Corporate Profile
Corporate Profile
 Highlights
rd
✓ Ranked 3 in India in Rooftop Solar EPC business, this was achieved in a span of 6
years of operations.

✓ Successfully commissioned 20.44 MWp Rooftop Solar Projects in single location at

Sportking India Ltd, Bathinda and 10 MWp in ST Cottex Exports and 10 MWp at
Aarti International Ltd, Ludhiana.

✓ With 60 MWp of Ground mounted project under execution, Roofsol has entered into
Utility scale EPC projects.

✓ Current pipeline of 60 MWp in Rooftop C&I and 100 MWp of utility scale projects.

✓ Expansion in International Market - Oman, Philippines and Bangladesh. Seeking

joint venture partners in US, UK, Kenya and Indonesia.

✓ Having an integrated EPC Team of 100 people across India with complete in-house
capabilities of Engineering, Procurement, Construction and After Sales Services.

✓ Working with international and national investors offering an array of financing

options like PPA, EMI and Leasing models for short term and long-term period.
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Roofsol Energy – Top 5 Rooftop Solar EPC in India (CY 2022)

Source:- Mercom India

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Roofsol Energy – Top 5 Rooftop Solar EPC in India (CY 2022)

Source:- Bridge to India

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Roofsol Energy – Top 5 Rooftop Solar EPC in India (CY 2022)

Source:- JMK Research and Analytics

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Sportking India Bathinda – 20.44 MWp
World’s Second Largest Single Site Rooftop Solar Plant

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Utility Scale 60 MWp Solar Plant in Tamil Nadu

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Roofsol Projects
St Cottex Exports Private Limited– Ludhiana, Punjab (10 MWp)

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Roofsol Projects
Aarti International Limited – Ludhiana , Punjab (8.2 MWp)

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Roofsol Projects
Exide Industries Limited – Haldia, West Bengal (2264 kWp)

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Roofsol Projects
Bhilwara Suitings Ltd – Bhilwara, Rajasthan (1.7 MWp)

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Roofsol Projects
Vikhe Patil Foundation – Ahmednagar, Maharashtra (1682 kWp)

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Roofsol Projects
Mirza International Ltd (Red Tape) – Uttar Pradesh(4 MWp)

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Roofsol Projects
Panchamrut Dairy (Brand Amul) – Taloja, Maharashtra (600 kWp)

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Roofsol Projects
Newlands Tea Gardens – West Bengal (700 KWp)

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Roofsol Projects

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Roofsol Projects
Guljag Industries Limited – Jodhpur, Rajasthan (750 kWp)

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Roofsol Projects
TDK India Pvt Ltd – West Bengal (1011 kWp)

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Roofsol Projects
Rosekandy Tea Estate – Assam (708.3 KWp)

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Roofsol Projects
METRO Cash & Carry – Jaipur, Rajasthan (480 KWp)

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Roofsol Projects
Garg Acrylics Limited – Ludhiana, Punjab (2470 kWp)

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Roofsol Projects
Avgol India Pvt Ltd – Bhopal, Madhya Pradesh (740 kWp)

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Roofsol Projects
Satguru Cement Limited – Dhar, Madhya Pradesh ( 1 MWp)

Under Construction

Commissioned

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Roofsol Projects
Yachio India – Alwar, RaJasthan (625 kWp)

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Roofsol Projects
Sagri Agro Products Private Limited – Raipur, Chhattisgarh (600 kWp)

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Roofsol Projects
Shakomato Tea Estate – Assam (722 kWp)

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POs of our esteemed customers

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POs of our esteemed customers

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ROOFSOL INTERNATIONAL FOOTPRINT - PHILIPPINES

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ROOFSOL INTERNATIONAL FOOTPRINT - OMAN

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ROOFSOL INTERNATIONAL FOOTPRINT - Bangladesh
Roofsol Energy Bangladesh Ltd

Upcoming 3 MWp Rooftop Project in Dhaka, Bangladesh

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Roofsol Energy: Corporate Profile
▪ Established in 2016 Roofsol Energy Pvt Ltd which is headquartered in Mumbai, Maharashtra, India is a leading EPC company
providing services in the field of in rooftop solar as well as ground mount solar PV projects.
▪ The company has experience of implementing over 250 MWp+ of rooftop solar PV projects in India over the past 7 years.
▪ The company envisages a revenue growth from ~USD 5 mn to over USD 50 mn per company’s Vision 2025.

Implements world class Dynamic & experienced Superior Project

Among the top 5 EPC
projects using state of the management team Management and
players in rooftop solar
art equipment from complemented by a technical expertise for
companies in India
Global Tier-1 suppliers skilled team timely project completion

Services Offered Key Equipment Suppliers

Opex
Model
Modules
Roof Sheet Capex
Changing Model

O&M of
Solar Plant
EMI Model Inverters

Open
Access
Model

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Roofsol Energy – Consistent growth over the years
200

180
180

160

140

120
120

100

77
80

58 56
60

40 32
26
21
20
9 8

0
FY20 FY21 FY22 FY23 FY 24 Est

Annual Capacity (MWp) Annual Turnover (Rs Cr) Expon. (Annual Turnover (Rs Cr))

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Roofsol: Key Highlights
15+ strong business
management team
250+ MWp
supported by a
installed
strong execution
team

250+ sites Worked with 100+

installed leading brands

Reduction in annual
270mn + units green house gas
generated per annum emission by
2.56 Lakh + MT

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Leadership Team
➢ Mr Dipankar Pal is a seasoned professional with over 32 years of cross country experience across in
various leadership roles.
➢ Dipankar has worked in diverse sectors such as Oil & Gas, Ports and Storages, Industrial Services
including leadership positions with global MNCs like Mobil, SVH, Shell and the Essar Group.
➢ A Mechanical Engineer, he is an alumnus of IIM Calcutta and London Business School and comes
with a strong pedigree and extensive business network.
➢ Dipankar, a majority shareholder, currently heads the Marketing and Investment initiatives at
Roofsol.

Mr Dipankar Pal
Co-founder & MD
dipankar@roofsol.com

➢ Mr Nilesh Mahajan is an Electrical Design Engineer and Solar PV specialist with over 26 years of experience in
Designing and execution of Industrial, commercial and utility scale Solar PV Projects.
➢ Nilesh has installed more than 600 MW of Solar PV projects in India and abroad successfully.
➢ His experience is also enriched by performance improvement and due technical due diligence of existing Solar PV
plants.
➢ He is a Bachelor of Electrical Engineering and EMBA (Finance).Nilesh has diversified experience of working
with reputed companies like Waaree Energies Ltd, Raymond Ltd and Technopak Advisors etc.

Mr Nilesh Mahajan
CEO & Director
nilesh.mahajan@roofsol.com

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Leadership Team
▪ Mr Vivek Asthana is a management graduate with over 22 years of experience in Business
development, Planning and strategy for Solar PV Projects across the country and has more than 12
years of Experience in Solar PV Industry.
▪ Vivek has business development, Project management and consultancy portfolio of More than 2000
MW of Solar PV projects in PAN India.
▪ He has a good knowledge of Solar and regulatory policy of all the states of India.
▪ Vivek has worked with reputed companies like Green Brilliance, Indo Solar and Chemtrols Solar.

Mr Vivek Asthana
Director & BD Head
Vivek.asthana@roofsol.com

▪ Anurag is an Engineer and MBA with 11+ years’ experience in renewable energy.
▪ He is a member of the Roofsol founding team
▪ He has more than 10 Years of Experience in Project Management, Execution & Planning.
▪ He has over 8 years of Experience in solar PV Industry.
▪ Anurag has worked with reputed companies like Waaree Energies limited and has rich experience as an
entrepreneur.

Mr Anurag Chivilkar
Director & GM - BD
anurag@roofsol.com

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 Roofsol Investors Network for RESCO Mode
▪ Candi Solar is Swiss Investor and offers hassle free and
capital-free solutions to customers
▪ Apart from EMI and PPA model, Candi Solar also
offers PLL model which a Performance Linked loan,
where client gets benefit of Accelerated • A solar developer that finances,
depreciation and GST. constructs, owns and operates solar
projects.
▪ Headquartered in Singapore, the
▪ Statkraft is a Norway ▪ company operate on pan Asia
based company in ▪ level with focus on long-
renewable energy. term term investments within
▪ Europe’s largest the commercial and
renewable energy ▪ industrial customer
generator with ▪ segments.
aggressive growth plans
in India.

▪ Established in 2018, Mumbai

headquartered Radiance ▪ Berkeley Energy is a UK based
renewables develops turnkey PV private equity fund with its offices
plants across India and Asia. in London, Singapore, Delhi,
▪ Radiance Renewables employs Manila, Africa.
over 200 experts in all areas of ▪ It is a renewable energy focused
solar power plants and is part of investor with a global platform for
Everstone PE Group. rooftop solar C&I platform.

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Select Clientele

Awards and Accolades

THIRD POSITION IN EPC CONTRUCTOR’S LIST

IN INDIA IN CY 2021
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Sheet Changing Services

?
Industries wish to install solar plant but
have asbestos / cement sheets on rooftop,
which are not suitable for rooftop solar
installation

✔
Roofsol is capable of providing option of
rooftop sheet change to those customers
in CAPEX /OPEX model

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Short Execution Timelines
Ground Mounted: 25-60 days Roof Type- Tin Shed: 15-60 days

Roof Type- RCC: 21-75 days Carport/Raised Structure: 60-90 days

Approximate project timeline for typical projects sized between 100kW-1MW
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HSE Initiatives
➢ Roofsol has established high safety standards for project implementation and the same is embedded in our culture
➢ We are in constant pursuit of creating safety train our employees and partners for same

Access ladder for smooth movement

Safety training underway

Guard Rails for
fall protection

Walkway to
avoid roof
Safety Measures by Roofsol
damage
▪ Structural Stability Certification
▪ Erection all Risk Policy
▪ Full Safety Gear for workers
▪ ESIC policy
▪ Medical Fitness Certificate of all the
workers
▪ Fit to work on Heights Certification for
the workers
Lifeline for ▪ Contract Labour License (If workers above
fall protection 20 nos)
▪ Roof Water leakage Test post installation
Team in full Safety Gear

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Customers Speak
We are extremely happy to be associated with Roofsol Energy for our roof top project at
Mandideep plant. Roofsol Energy has been very meticulous and diligent in their approach
towards the project at Mandideep, Bhopal. The design, engg, installation, commissioning had
all been up to the level desired by us and committed to AVGOL. We are extremely satisfied of
the deliveries of Roofsol and we wish them success in all their future endeavours.
Mr Sanjay Bhayani
Managing Director

Roofsol Energy’s execution expertise is very commendable; they installed Solar

panels and inverters for our ground mounted plant in record-time. We had a
complicated system of integrating other power sources with the solar plant which
Mr. Rajababu and his team has done very efficiently. The overall performance of
team Roofsol confirms their diligence and commitment. Keep up the good work!
Mr Dhiren Dhoot,
Managing Director

Roofsol has changed the sheets of our entire plant in Ludhiana (units 1 - 6) from existing Cement
sheets to Metal sheets in record time. The disposal of the cement sheets was also done very
responsively and in an environment friendly way. Thereafter, they also installed Solar panels and
inverters for our rooftop project of capacity 2.4 MWp in minimum time and with very high
standards and quality. We have awarded the next project of 1.7 MWp to them. We wish them
success!
Mr Sanjeev Garg
Managing Director

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Roofsol Geographical Spread

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 Annexure 1: Roofsol Geographical Spread

Ludhiana

Bhatinda

Jodhpur Jaipur Siliguri Silchar

Lucknow
Bhilwara Guwahati

Bhopal Kolkata

Indore
Dahej

Mumbai

Solapur

Head Office

Bengaluru
1606, Lodha Supremus,
Saki Vihar Road, Powai, Andheri (East),
Branch Office
Mumbai- 400072
Chennai
+91 - 22 – 46020232
Project Office
info@roofsol.com

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