With the advent of solar power, India’s energy sector is changing at an unprecedented pace. The shift towards decentralisation and decarbonisation is creating new opportunities for India to balance its ‘Energy Trilemma’: Energy Security, Energy Affordability and Environment Sustainability. Fourth Partner Energy is at the forefront of this movement. We are committed to changing the way businesses and institutions across the globe consume energy – to think beyond COST SAVINGS, think long-term Sustainability goals.
Founded by three partners in 2010, Fourth Partner Energy has grown to become one of India's largest companies in the distributed solar sector. We believe that the customer, supplier, employer, financier and every other stakeholder is the Fourth Partner and hence, a focus of all our activities.
As a full-services company with complete in-house capabilities, we assist our clients through the entire process of Evaluation, Design, Planning, Procurement, Construction, Operation & Maintenance and Financing. We have ISO 9001-2015 (Quality Management systems) and ISO 14001-2015 (Environment Management systems) certified; ‘Category A’ Channel Partner of MNRE and have successfully partnered with various state nodal agencies of India. (STATE NODAL AGENCIES)
At Fourth Partner Energy, we are committed to partnering with our clients to help reduce their energy costs, become power independent and contribute to their sustainability goals. Our work ethic has helped us win the trust of over 150 clients for whom we have set up over 2000 installations across 23 states. For us, your goals are our priorities.
4PEL works extensively with commercial and industrial clients to help them meet their sustainability goals and provide them with energy security. Some of our partners like Ferrero, Walmart, Hindustan Unilever, Ultratech, CocaCola, Schneider Electric, Axis Bank, Big Basket amongst others have been enjoying savings in energy expenses of over 30%
The Indian Government has been a strong advocate of solar energy and transition to clean, affordable power. They have led by example and 4PEL is proud to have partnered with them on several projects for the Indian Railways, Airports Authority of India, the Smart City Mission and other government campuses.
India has incentivised educational universities, hospitals and other institutes to encourage consumption of renewable energy, by offeringthem subsidies to set up solar power plants under various government schemes. 4PEL has partnered with agencies and executed several projects including plants at Symbiosis University, JNU, NIT-Warangal, BIT - Mesra, Navodaya, and MIT.
SAIF DHORAJIWALA has over 16 years of experience in operations and marketing. Prior to starting Fourth Partner Energy, Saif worked with Avigo Capital, an Indian SME-focused PE fund (AUM $375 million) where he was responsible for investments and mentoring to portfolio companies. He holds an MBA from IIM Calcutta and a Bachelors in Chemical Engineering.
VIVEK SUBRAMANIAN has vast experience across strategy, fund raising, operations and financial management. Prior to starting Fourth Partner Energy, he was the Founding Partner at Avigo Capital, an Indian SME focused PE fund (AUM $375 million). Vivek holds an MBA from INSEAD and a Bachelors in Mechanical Engineering.
VIKAS SALUGUTI is a Serial Entrepreneur / Investor in ventures across healthcare, education, water and information technology. A former Investment Banker with ABN Amro in Europe for over 10 years, Vikas holds an MBA from INSEAD and a Bachelors in Civil Engineering.
Rick Needham is a Partner with The Rise Fund and the fund's sector lead for Energy. Rick was the Director of Energy and Sustainability for Google where he spearheaded Google's renewables project investing, which channelled more than USD 2.5 billion into renewable energy projects around the world. Rick also worked as at DEKA Research & Development Corp, Bain & Company and served for eight years as a nuclear submarine officer in the U.S. Navy. Rick holds a Masters in Aeronautics and Astronautics from MIT and an MBA from Harvard Business School.
Ankur Thadani is a Principal at TPG Growth. He has worked on multiple investments in Healthcare, Energy and Consumer sectors across India and the broader South-Asia region. Earlier, he worked with India Equity Partners, focusing on investments in Consumer and Healthcare sectors. Ankur received his MBA from IIFT, where he was awarded a Gold Medal for all-round achievement.
Zubin Irani is a Partner / MD with TPG Capital and leads the Asia Operations Team. He brings over twenty years' experience in building strong teams, driving performance and managing change within global businesses. Zubin is responsible for the operating performance of TPG’s portfolio in the Asia Pacific region which comprises of over 40 companies and an AUM exceeding USD 5 billion. Zubin received his Masters in Materials Science and Engineering from the Massachusetts Institute of Technology.
Mayank Bajpai is operating Director at TPG Growth, leads portfolio operations in India, South Asia. Prior to joining TPG, he served as Senior Director – Retail and Marketplace for Flipkart where he led the marketplace strategy to drive growth and profitability. Mayank has also worked with Booz & Company. He is an ISB and Purdue University alumnus.
Rupa Devi Singh is Former CEO of Power Exchange India. She is seasoned professional from the field of Banking , Infrastructure Advisory & Finance. She was the founder M D & CEO of PXIL an Exchange for electricity trading, promoted by NSE & NCDEX. She is an University of Delhi alumnus.
Over 25 years of experience in Solar & Defence industries, he led the North Region at HBL Power Systems and developed its off-grid Solar Division. He holds an MBA and is an Electronics Engineer.
Over 15 years of experience in Risk Management and Consulting, Jignasa is responsible for evaluation and pricing formulation, risk-mitigation, debt fund‑raising, fund management and Forex & Credit rating. She holds an MBA in finance from NMIMS and is a Civil Engineer from VJTI.
Over 15 years expertise in Project execution, Design and Product development – he is part of 4PEL’s Founding team. He holds a Master’s Degree in Electronics & Engineering.
Over 20 years FP&A experience with Zuari Industries and Syngenta – he comes with a strong background in risk management, setting up financial systems and controls, treasury and Forex management. He is a CA and an alumnus of INSEAD.
Over 25 years of Global Strategy & Marketing experience in the Oil & Gas, Marine sectors, he worked with Essar Group and Weatherford earlier. He is an ISB Alumnus and Master Mariner, Nautical Science from Blackpool & The Flyde College, UK.
Over 18 years of cross-functional experience in the Power and Renewables sector, Karan has worked with GE, Cummins and Accenture across geographies. He is Chemical Engineer (IIT-BHU) and MBA (Purdue University).