Performance Highlights


Delivering VALUE –
Purpose & Principles

Creation of Sustainable Value

Performance Based
Value Creation



Greenko was founded in 2004 and is headquartered in Hyderabad, India. Greenko Group comprising of Greenko Energy Holdings together with its subsidiaries is one of the largest renewable energy companies with a power generation capacity of 7.5 GW and a pipeline of 15 GW of wind, solar, hydro, and energy storage assets spread across 15 states in India. In addition, Greenko has also invested in natural gas and biomass assets in India. Through these assets, the group generates and sells electricity to state utilities, private customers, and other electricity transmission and trading companies.

The power sector has undergone a challenging era in the past few years globally, mainly due to climate considerations. Greenko has understood the need for climate resilience early on and is developing multiple utility-scale, long-duration, and low-cost pumped storage projects across India to deliver cost-effective, inflation-proof, schedulable, and firm renewable power to Businesses and the Government to meet their climate change commitments. By generating this zero-carbon-low-cost firm power, Greenko will offer cost- effective Zero Carbon molecules to power decarbonization of hard- to-abate industrial sectors in India and abroad, thereby meeting the Climate Challenge and becoming a contributor to the Net-Zero race.

With a core belief in sustainable development, Greenko is actively involved in local projects and community programs that cater to the education, environment, rural infrastructure, health & well- being of the public. The hallmark of Greenko Group's environmental stewardship is GHG mitigation, climate risk management, nature conservation, and circular economic approaches.

The company since inception has invested around 7 billion USD in developing the cleanest, environment- friendly renewable energy assets in India and has ambitious plans to invest 20 billion USD in the coming 3-5 years to match the pace and requirements of energy transition interventions crafted for India.

India is recognized worldwide for its solar and wind generation capacity as also its cost-effectiveness being top- most globally. However, currently, India’s electricity architecture is about 375 GW installed capacity and 180 GW peak demand, which is characterized by low flexibility and high cost, due to the dominant share of coal and in-firm renewables. This, amongst other factors, presents a challenge for India to be looked upon as a manufacturing hub. To ensure flexible and round-the-clock renewable electricity generation, it is imperative that the country installs standalone power generation systems combined with long duration storage capacity.

Further, to attain the target of 450 GW of renewables by 2030 (India’s commitment exceeding the NDCs -PMs address to G20 in November 2020) to deliver lower cost of power, it is imminent to establish a storage capacity of 30-50 GW, well before 2030. The new flexible electricity architecture – Low-cost storage in sync with RE, will aid in cutting down the power cost by 20% in the next 5 years. The advantages offered by this low-cost decarbonized power will:

  • 1. Position India as the favorable destination for responsible global supply chains The Global Supply Chains with ‘Net-Zero’ goals will prefer ‘Make – In-India’ due to low cost and low-carbon electricity among other factors.
  • 2. Catalyze the manufacture of cost-effective Zero Carbon molecules in India (hydrogen, ammonia, etc.) for a variety of industrial uses and transportation applications locally as also globally.
  • 3. The cost-effective Zero Carbon molecules will not only substitute imports but also power the decarbonization of many OECD (Organization for Economic Co-operation and Development) countries who have declared Net Zero ambition.
  • 4. Greenko envisions India as a powerhouse for global decarbonization through the transformation of its energy architecture from:
  • Standalone Renewable Power to meet India’s Energy Demands
  • Round-the-clock Renewable Power supported by long-duration and low-cost storage to bundle up high-cost thermal power with cheaper & Cleaner RE
  • Cost-effective Zero Carbon molecules using the low-cost RTC renewables and to catapult India to 5 trillion USD economy