Skeiron Renewable Energy

Investment Year : 2017
Exit : 2018
Region : India
Headquarters : Pune
Sector : Renewable Energy - Wind

Skeiron was a new wind IPP platform, launched in 2016 with a vision of providing clean energy using the latest technology and innovations. Skeiron combined the depth of expertise of the Promoters with one of the most experienced management teams in renewable energy in India.  Skeiron commissioned its first project Sandla at Vidapanakallu in the state of Andhra Pradesh with 50.4 MW installed capacity in August 2016. After the commissioning the Sandla project, the Company commenced construction of its second project at Amidayala in Andhra Pradesh with a capacity of 226.8 MW which was fully commissioned in July 2017 and was stabilized from October 2017.  The wind sector has now shifted entirely towards competitive auction-based allocation route. However, Skeiron was able to secure one of the last FiT PPAs for Kustagi project in Karnataka which was commissioned in March 2018, scaling the platform to 384.3 MW of operational assets.  In October 2018, Skeiron was acquired by Greenko  Energy Holdings.