Regd. & Corp.

Office

201,First Floor, Okhla Industrial

Estate,
Phase – III, New Delhi – 110 020,
India.
About US

Management & Team

Track Record

Business Offerings

Projects

Clients
 ABOUT US

InSolare Confidential
InSolare Energy is India’s leading Renewable Energy Solution Provider since 2009

Founded in 2009 - By IIT’ans

50+ Patents in Renewables & Semiconductors
Top Management from reputed Industries in World - Intel, NASA, Wipro, Atkins, Indian Army

Employee Projects Clients Experience

200+ 150+ 100+ 1GW+

The Hero Group – one of the most respected Industrial conglomerates in India
Rich experience across various sectors - Automotive, Renewable Energy, Manufacturing, Financing & Electronics

BRANDSCAPE

One of India's leading Independent Power Producers

World's largest manufacturer of motorcycles and
(IPP) with operating plants in wind, grid-connected
scooters; sold over 200 million two-wheelers
solar and rooftop solar
Market cap of US$7bn+
~1.6GW capacity

India’s no 1 two-wheeler financier with 65% market
share; provides loans such as two wheeler loans, home
loans, personal loans, etc. AUM of US$3.6bn+
Industry leader for Aluminium die casting, machined and
painted assemblies; supplier to motorcycle manufacturers
and automotive OEMs across the world

Executing new age digital technologies (IoT, Defense Multinational semiconductor engineering solution provider
electronics, Auto-tech, etc.) for 100+ enterprise clients withexpertise in the areas of Semiconductor IC Design, Test &
across 10+ countries Product Engineering, PCB design

Learning platform with program portfolio centered

AS9100D certified enterprise, with over 4 decades of
around data science, ML, AI, innovation. Programs
advanced composites solutions, design and manufacturing
developed in collaboration with MIT and Singularity
expertise
University
 Shaping A Sustainable Future Through Innovative Cleantech Solutions

Introducing Hero Future Energies

Established in 2012, HFE is a leading Renewable Energy provider focused on providing Clean Energy solutions across the world. Currently the company’s
portfolio stands at 1.53 GW in India and has a secured pipeline of utility and C&I projects across Europe, South Asia and Southeast Asia

International Finance Corporation (IFC) –

the private sector investment arm of the
World Bank – and the IFC Global
Infrastructure Fund infuse US$ 125 million

Hero Group Masdar, the Renewable Energy arm of

diversifies into Renewable Power generation Mubadala Investment Company
invests US$150 million
 8

Our Corporate Mantra and Values

“Shaping a Sustainable Future through Innovative Cleantech Solutions”

Trust Delegation Transparency

Trust people to do the right thing Delegate Responsibility and Authority to people best Direct & Constructive Feedback
positioned to make decisions

Respect Excellence Agility

Respectful dealings with all people. Challenge and be Challenged Flexibility to Adapt. Willingness to Change
Diversity, Equity and Inclusion
 8

Roles & Responsibilities

Hero Future InSolare

Energies Energy Pvt Ltd
Equity Investment Customer Onboarding
Solar Park
Debt Funding
Design
PPA & SHA Signing
EPC & Construction
Asset Management O&M
 Management
& Team

InSolare Confidential 9
 Hero Future Energies Management Team 7

Srivatsan iyer Ben Fraser Arun Tripathi R. Sunder Sudhir Pathak

Rajesh Puri Bhawna K. Mital
Global Chief Executive Global Chief Financial Business Head – Business Head – C & I, Head – Engineering &
Head F&A Head – HR, CSR, Admin, IT
Officer Officer Solar, Wind & ESS, India Quality
India

Vijay Agarwalla Birendra Pandey Oman Singh

Nitesh Nath Harish Pant Robert Ayres Dipankar Bose
Head – Risk, Internal Audit Business Head - South Business Head - Southeast
Head- Projects, Land Head - O&M Business Head - EMENA Head- Corporate Comm.
& Compliance Asia, US Asia
InSolare Management Team 7

Dr. Sunit Tyagi Col Gopal Samanta

Founder & MD Director Operations

IITB, 18 years at Intel, USA Btech (MECH), PGDM-IIMA

20+ US Patents 23+ years in Army

Dr. Hemanshu Bhatt Dipak Patel

Co-Founder & CTO Director Technical & Design

IITB, 20 years at NASA, LSI B.E. (ELE), MSc (UK)

Logic, Wipro 13 years in Design Consultancy
28 + US Patents at Atkins, UK

Navashil Sharma Kai Taraporevala

CEO Non-Exec Director

M Tech (IIT, USA) IIT Delhi, MBA-INSEAD

13 years at Intel, USA 27+ years in Corporate
Governance
Track Record

InSolare Confidential 12
 InSolare Parks

INSOLARE TRACK RECORD

Cumulative Insallation
Uttar Pradesh
400 Opex 20

350
300
250 Madhya Pradesh
MWp

Gujarat 50
200 50

150 Chhattisgarh
100 50

50
Capex Maharashtra
340
0
S.No. Solar Park State Capacity
10

11

12

13

14

15

16

17

18

19

20

21

22

23
1/

1/

1/

1/

1/

1/

1/

1/

1/

1/

1/

1/

1/

1/
1 Maharashtra 340
/0

/0

/0

/0

/0

/0

/0

/0

/0

/0

/0

/0

/0

/0
01

01

01

01

01

01

01

01

01

01

01

01

01

01
Year Karnataka
190
2 Karnataka 190
3 Chattisgarh 50
4 Gujarat 50
Tamil Nadu
30
5 Madhya Pradesh 50
6 Tamil nadu 30
7 Uttar Pradesh 20
InSolare Confidential 13
 InSolare Projects by Map of India

Key Clients
ITC Infosys
out of 100+ :

CISCO ORACLE NETAPP

RENEW
ADANI RADIANCE
POWER

SECI SSNNL DAIKIN

NITTO DENKO HIRANANDANI BACKBONE

VEH Birla Cement

InSolare Confidential 14
 InSolare Projects by Numbers
Ø 23 Different Inverter Make
Ø 31 Different Module Make
Ø 100 Different Clients
Ø 167 Projects
Ø 54% Opex Projects

Wide Industry Network with

Suppliers and Clients

InSolare Confidential 15
 SN Category Capacity
1 Solar Park 565.0 MWp
2 OE & Tech DD 251.2 MWp
3 EPC - Ground Mount 353.5 MWp
InSolare 4 EPC - Rooftop 36.8 MWp
Projects 5 EPC - Residential 0.2 MWp

Summary 6 EPC - Carport 2.2 MWp

Total ~1200.0 Mwp

InSolare Confidential 16
HERO TRACK RECORD

Our Journey so far Our Growth Plans

Solar 16 million
Wind 1,533 WE ARE PICKING UP
1,233
safe hours achieved till Q3 FY22 PACE TO ACHIEVE OUR
652
952 GOAL OF

5
495 Zero
61
238
30 434
581 581 instance of non-compliance YEARS
38 208
Mar 13 Mar 15 Mar 17 Mar 19 Mar 21 GW
317 Employees COUNTRIES
in India, UK, Ukraine, Singapore,
Vietnam & Bangladesh
 Business
Offerings

InSolare Confidential 18
Advantages InSolare brings to Platform

Marketing Design
Lead Sourcing to
Engineering
conversion Low LCOE Solution

Asset
Execution Management
Proven Track
Advance
Record of Projects
Monitoring System

InSolare Confidential 19
 20

Business Offerings
Why US
Utility Scale Solutions Solutions for C&I Sector

Solar OnSite Solar - Within Premises

Robust Development & Stable & Diverse Portfolio

Operational Capabilities
§ Global presence
Wind Offsite Solar - Outside Premises § Project development
capabilities § Long term PPAs
§ Dedicated Inhouse design, § Diversified across geography,
engineering capabilities technology, resource and off
Energy Storage Carport taker
§ Single minded focus on quality

Hybrid
•Wind & Solar Energy Storage
•Wind, Solar & Storage

Firm Energy Supply with RTC Microgrid

power
Strong Corporate Governance &
Risk Management Practices
Meet Peak Power Requirements Floating Solar § High level of corporate
of DISCOMS governance
§ Strong risk mitigation across
technology, land, execution,
Green Hydrogen financing
Project Finance
§ Ability to raise debt and
equity capital as required to
fund growth
§ Backed by marquee investors
such as Hero, IFC and Masdar
 Large Scale Projects
Land Power Design Procurement Site Project Power ON O&M
Development Evacuation Engineering Development Execution

Land Selection Load Flow study Technology Selection RFP Preparation Land Leveling Civil works Pre-checks Module cleaning
Due Diligence Pre-Evac approval Design basis report Vendor selection Boundary Fence MMS installation HT Relay setting Preventive checks
Land Purchase Transmission Line Detailed drawings Negotiations Internal Roads Cable works Discom approvals JMR with Discom
Land Conversion ROW BOQ preparation Purchase Order Peg Marking Inverter installation Plant power ON Energy Settlement
AC Equip installation

21
 Projects

InSolare Confidential 22
 InSolare C&I Open Access Solar Parks 9

Karnataka Solar Park Maharashtra Solar Park

• Project Capacity: - 100 MW AC / 145 MWp • Project Capacity: - 70 MW AC / 100MWp
• Projects Completed: - 90 MWp • Projects Completed: - 65 MWp
• Projects Under-Construction: - 15 MWp • Projects Under-Construction: - 35 MWp
SN Category Capacity

1 Solar Park 565.0 MWp

2 OE & Tech DD 251.2 MWp

3 EPC - Ground Mount 353.5 MWp

4 EPC - Rooftop 36.8 MWp

5 EPC - Residential 0.2 MWp

6 EPC - Carport 2.2 MWp

Total ~1200.0 Mwp

InSolare Utility Scale Project
HERO FUTURE ENERGIES
Utility Scale Solar Utility Scale Wind

• 951 MW of operational utility

scale solar assets.
• 583 MW Utility scale Wind
• Footprints in Rajasthan, assets.
Karnataka, Andhra Pradesh,
Madhya Pradesh • Footprints in Andhra
Pradesh, Karnataka, Gujarat,
• Further 250 MW under Rajasthan, MP & TN
construction
• 52 MW in Ukraine

> 1.5 GW Projects Across Geographies © Copyright Hero Future Energies 2013-2021
HERO FUTURE ENERGIES
Grid Scale C&I Solar
KEY GROUP CAPTIVE
CUSTOMER PROFILE
PROJECTS
• Hotel Industry
• Commercial Malls § 20 MW project in Karnataka
§ 20 MW project in Rajasthan
• Manufacturing units § 16.8 MW project in Tamil
Nadu
• IT Data Centers
• MSME § 100% Energy supply to
multiple customers with
equity investment
More than 130 MW of Open Access C&I Projects
Grid Scale C&I Hybrid
CUSTOMER PROFILE KEY GROUP CAPTIVE
• Hotel Industry PROJECTS
• Malls
§ 50 + 29 MW Wind-Solar
• Manufacturing unit Hybrid project in Manvi,
Karnataka
• IT
• MSME § 100% Energy supply to
multiple customers with
equity investment
© Copyright Hero Future Energies 2013-2021
 C&I PROJECTS INDIA

GROUND MOUNTED PROJECT

DELHI METRO RAIL PROJECT
• Project Capacity – 16 MW
• Project Capacity – 7140 kW
• Location - A.P, India

INDUSTRIAL SHED CARPORT

• Project Capacity – 1.98 MW • Project Capacity – 234 kW
• Location - Haryana, India • Location - Haryana, India
 Asset Management

Man Power Planning Dashboard Plant Generation Dashboard

 MH Solar Park
- Sangli

InSolare Confidential 29
 Maharashta Solar Project Details – Park 1
Particular
Plant Location
Plant Capacity
Land Co-ordinates
Connectivity Voltage
Connectivity Status
MSETCL Sub Station
Land Status
Load Flow Study
Plant Construction
Scheduled COD
Open Access Permissions
Details
Village Tadsar, Sangli, Maharashtra
67.5 MWp – 50 Mwac
17.23◦ North 74.34◦ East
132 kV - STU
50 MW Secured
220kV/132 kV/ 33 kV Kadegaon S/S
§ Land identified & survey completed.
§ Service Agreement with Land Aggregator Finalised
§ TSR in progress.
§ Land on lease basis – Land possession by July 2023
Completed
Estimate start date of July 2023
March 2024
Will be applied one month prior to COD
Finalised Plant Location
Land Layout & Orientation
Sub Station Location

• 220/ 132 kV Kadegaon Sub Stn

• < 1.5 kms from plant location
Actual Site Images
Actual Site Images
 220/132 kV Kadegaon Sub Station

132 kV Bay Available at Sub Station -- Faster Project Delivery

Connectivity Letter from MSETCL
Plant Layout Finalised
 MH Solar Park
- Latur

InSolare Confidential 39
 Maharashta Solar Project Details – Park 2
Particular
Plant Location
Plant Capacity
Land Co-ordinates
Connectivity Voltage
Connectivity Status
MSETCL Sub Station
Land Status
Load Flow Study
Plant Construction
Scheduled COD
Open Access Permissions
Details
Jalkot Taluk, District - Latur
67.5 MWp – 50 Mwac
132 kV - STU
50 MW Secured
220kV/132 kV Jalkot S/S (Bay work Started)
§ Land identified & survey completed.
§ Service Agreement with Land Aggregator Finalised
§ TSR in progress.
§ Land on lease basis – Land possession in 1-2 months
Completed
Estimate start date of July 2023
March 2024
Will be applied one month prior to COD
Finalised Plant Location – Park 2
Land Layout & Orientation – Park 2
Actual Site Images – Park 2
 Awards &
Solar Quarter 2022 Awards
• Solar EPC Company of the Year 2022
• CEO Of the Year
Recognition • Most Powerful Leaders - Power 100 India
• Solar Acumen of the Year 2022
• Emerging Leader of the year 2022
InSolare Confidential 44
Clientele

InSolare Confidential
 Bengaluru, Ahmedabad,
Mumbai & Delhi

Ajay - +91 98280 33170

Pratik - +91 99673 63624
CONTACT
www.insolare.com

InSolare Energy Pvt. Ltd.

5A, ASK Towers, 5th Floor, ITPL Road, AECS Layout,
Bengaluru 560 037, INDIA
contactus@insolare.com

InSolare Confidential 46