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Waaree Energies Limited
Mumbai, Maharashtra
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Company Profile



Company Factsheet

Basic Information
Nature of Business
Exporter
Additional Business
  • Manufacturer
  • Supplier
  • Distributor
  • Service Provider
  • Association
Year of Establishment
2007
Ownership Type
Private Limited Company
Total Number of Employees
501 to 1000 People
Annual Turnover
Rs. 100 - 500 Crore
Trade & Market
Export Percentage
20-40%
Team & Staff
Total Number of Employees
501 to 1000 People
No. of Research / QC Staff
66 - 85 People
No. of Engineers & Technicians
46 - 65 People
No. of Skilled Staff
86 - 100 People
No. of Semi-Skilled Staff
Above 100 People
No. of Consultants
6 - 25 People
Company USP
Primary Competitive Advantage
  • Experienced R & D Department
  • Good Financial Position & TQM
  • Large Production Capacity
  • Provide Customized Solutions
Quality Measures/Testing Facilities
Yes
Statutory Profile
Registration Authority
Crisil
Registration No.
U29248MH1990PTC059463
Packaging/Payment and Shipment Details
Customized Packaging
Yes
Payment Mode
  • Cash
  • Cheque
  • DD
  • LC
Shipment Mode
  • By Cargo
  • By Road

About Us

WAAREE Group started its business journey with the formation of WAAREE Instruments Ltd, founded in 1989. Since then, there has been no looking back. The group has progressively advanced and diversified into other business areas apart from Instrumentation. Waaree Group is youthful, vibrant with balanced combination of Maturity, Innovation & Creativity. In 2007 Waaree began its foray in renewable energy with the establishment of WAAREE Energies Pvt Ltd (WEPL). WEPL has a modern state-of-the-art & automatic production line for PV modules at the Surat Special Economic Zone (SEZ), located 250 km. north of Mumbai. A full range of PV modules from 1Wp to 300Wp are manufactured for various on-grid and off-grid applications, and are exported to a number of countries globally, and in India. WEPL offers comprehensive solar solutions all under one banner

 

Solar Photovoltaic Modules, Solar systems and EPC Solutions :

  • With an annual production capacity of 100 MW, Waaree manufactures a complete range (3wp to 300wp) of off-grid as well as on-grid PV Modules
  • State-of-the-art manufacturing facility is located in Special Economic Zone(SurSEZ) in Surat, Gujarat Waaree PV Modules are certified by all major global accreditation bodies around the world like: TUV in conformance with IEC, Intercert, ETL, ISO 9000, CEC (California Energy Commission), Clean Energy Council (Australia) etc.
  • We provide complete EPC services to developers and promoters of Solar Power Generation Systems, Solar Power Plants & Solar Off Grid Power Plants
  • Telecom Applications is a major market segment for Waaree

 

History & Milestone

2007

  • Inception of Waaree Energies Pvt Ltd
2008
  • Acquired ISO 9001 : 2004
  • Photovoltiac facility commences production
  • IEC Certification
2009
  • Exports to Europe Started
  • First order for Street Lights commissione
2010
  • In-house R& D lab 
  • Supervised the commissioning of 40 MW Adani power plant 
  • Inception of Aries - Waaree
2011
  • EPC services started
2012
  • Commissioned 10 MW plant at UNA-Gujarat for Monosteel India Ltd
  • Tied up with IIT as R&D partner

 

Our Team

We are empowered by a diligent and assiduous team of professionals, whose qualification has made us enough competent to carry out all the business activities in a streamlined manner. The entire production process right from the procurement of the raw material till the final delivery takes place under the stringent surveillance of our team. Our team keeps strict vigil on the changing demands of the market and strive hard to gratify the same with revolutionary solutions, which makes us to introduce enhanced products. Furthermore, our team assists us in rendering the most reliable services to our clients in accordance with their detailed specifications, which makes us to share good term with the patrons.

 

Following are the members of our team:

 

  • Procurement agents
  • Quality controllers
  • Packaging personnel
  • Logistic personnel

 

Furthermore, below cited are members of our administrative team:

 

  • Mr. Hitesh Doshi (Chairman)
  • Mr. Pankaj Doshi(Director)
  • Mr. Hitesh Mehta(Director Finance & Wealth Management)
  • Mr. Kirit Doshi(Managing Director)
  • Mr. Viren Doshi(Director Sales)

Applications

We offer solutions in the below Segments

  • EPC Solution for new project development
  • PPA Model - Grid connected Solar Farms
  • Banks / Financial Institutions
  • Commercial and Residential Buildings
  • Building Integrated Photovoltaic Systems
  • Residential Roof-tops/ Farm houses
  • SEZs/ Malls
  • Sports Complex/ Hospitals/ Schools
  • Rural Electrification systems/ Mini-Grids
  • Water Pumping 
  • Street Lighting/ Home Lighting 
  • Govt / private Tender
  • Nodal agencys
  • NGO''s

Why Us?

We are a top most priority in the packaging industry because of following factors:

  • ISO certified organization
  • State-of-the-art facilities
  • Wide distribution channel
  • Competitive pricing
  • Prompt & committed delivery of consignments

Awards / Recognition

Awards / Recognition
Awards / Recognition

  • Channel Partner for off grid subsidy under JNNSM
  • Can provide complete solutions for installation and maintenance for PV systems and supporting systems

For or CRISIL Rating kindly find the attachment.


Recognitions

Recognitions
Recognitions

  • Waaree has acquired honors on numerous occasions from Industry, government and our Overseas partners
  • 4 times awarded by the National government. Award from President of India for Best company in Small and Medium sector


Corporate Profile
Waaree Energies Limited

Mr. Vipin Vijayan (Deputy Manager)
No. 602, Western Edge- 1, Western Express Highway, Near Metro Mall, Borivali East
Mumbai - 400066
Maharashtra, India
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