On the floors of Asia’s largest clean energy show, Renewable Energy India (REI) Expo 2025, Team TaiyangNews caught up with the top leadership of some of the leading names from the Indian solar PV industry. The leaders shared insights into their current business plans and how they aim to navigate the country’s rapidly expanding market.
At the show, TaiyangNews Head of Technology Shravan Chunduri caught up with Ravikesh Singh, Chief Operating Officer (COO), and Mayur Mehta, Chief Procurement Officer (CPO), of Waaree Renewable Technology Limited (RTL). The duo spoke about the company’s integration strategy, ongoing project portfolio, and policy expectations.
A Waaree Group subsidiary operating under Waaree Energies Limited (WEL), Waaree RTL is a solar EPC and operations and maintenance (O&M) solutions company operating across solar applications in India and abroad.
Both the senior executives outlined the company’s expanding capabilities across the solar value chain. Singh noted that while Waaree Energies remains India’s largest module manufacturer outside mainland China, which has now added cell manufacturing as it establishes a full backward integration – now spanning from ingots to finished modules, Waaree’s integration extends beyond core PV manufacturing. The company recently acquired transformer maker Kotson’s Private Limited, now renamed Waaree Transpower, and is moving into inverters and smart meters to offer comprehensive project solutions (see India Solar PV News Snippets).
As the EPC arm of the group, Waaree RTL is currently executing what the duo describes as India’s largest single-location solar project – a 2 GW installation in Bikaner, Rajasthan. Singh added that this broadening portfolio reflects the company’s intention to evolve into a complete energy transition company.
The group is expanding both vertically and horizontally, with new initiatives in green hydrogen and significant planned investments in data centers. Singh shared that the company aims to align closely with India’s net-zero ambitions and intends to reach its own net-zero targets ahead of the national 2070 timeline.
On the policy front, the leadership credited India’s Production-Linked Incentive (PLI) scheme for supporting domestic cell and module manufacturing. They emphasized that while further policy refinement is needed, the government has taken meaningful steps to strengthen the sector. Both the COO and CPO of Waaree RTL said they continue to share recommendations through formal channels and remain optimistic that forthcoming policy adjustments will support industry expansion.
The complete video interaction with Waaree RTL executives is available on TaiyangNews YouTube Channel.
