Clean power for India's AI and industrial economy.
We build, own and operate.
Long-term renewable PPAs for data centres and C&I consumers
The opportunity
India will add a power system the size of the US this decade.
The buyers who contract it first will own the cost curve. Demand is doubling, and energy, not compute, is now the constraint on AI and industrial growth.
Data centres
Renewable and reliable, at the same time
- 100% renewable supply is now a hyperscaler contract condition
- Google is moving to hourly matching by 2030
- Tier 4 facilities allow just 26 minutes of downtime a year
Industry
Cost, compliance and market access
- Grid power runs Rs 8 to 12 per kWh, rising 4 to 7% a year, versus captive solar at Rs 1.80 to 2.50
- BRSR Scope 1 and 2 disclosure, with assurance, becomes mandatory from FY 2026 to 27
- European and US buyers now screen suppliers on carbon footprint
The shift
Cheap solar is no longer the product.
Firm, dispatchable clean power is, and delivery is the constraint.
The product changed
Buyers now specify firm, dispatchable power, not cheap daytime generation. The Central Electricity Authority puts India's storage need at 890 GWh by FY 2036.
The rules changed
Banking is giving way to fifteen minute block scheduling, state by state. Tamil Nadu moved in 2025, with Gujarat and Maharashtra following.
The constraint moved
Capital and modules are abundant. Grid connectivity is not. Somewhere between 40 and 55 GW of renewable and hybrid capacity is still waiting on PPAs.
The renewable transition curve
Share of annual load a plant can cover, by configuration. Click a stage to place it on the scale.
The comparison
Six ways we compete differently.
It isn't tariff versus tariff. It's who is still accountable when the power has to show up.
The model
One PPA. We carry the risk.
Curiosity Energy invests in, owns and operates the asset. You sign a 20 to 25 year PPA, structured as open access or group captive depending on what your state's framework allows.
For data centres
AI factories, at scale
5 MW to 100 MW and beyond. Stage 3 or 4 supply, block-wise schedulable dispatch, storage sized to your real dispatch profile, and change-in-law protection across the full term.
We originate demand from inside the AI stack itself, alongside Curiosity AI and Curiosity Cloud.
For C&I
Matched to your shift
1 MW to 100 MW and beyond, single site or spread across states. Stage 1 to 3 supply, matched to your shift pattern and process load.
Open access, or group captive with 26% SPV equity for the cross-subsidy surcharge exemption.
How we deliver
Assessment before tariff
Land, connectivity, EPC and O&M run through Infisol Energy's in-house team across four states.
We own the asset, so accountability runs the full length of the contract.
Finding your position on the curve
The right question isn't what the tariff is. It's which stage your load actually requires.
| If your operation looks like this | Right stage | Because |
|---|---|---|
| Single shift, daytime heavy load | Stage 1–2 | Solar covers the consumption window and storage handles the evening tail |
| Two or three shifts, continuous process | Stage 2–3 | Load extends well beyond solar hours, so hybrid generation lifts the effective plant load factor |
| Supplier to listed or export customers | Stage 2 min | Scope 2 coverage on a minority of load won't satisfy disclosure requirements |
| 24x7 data centre, uptime bound | Stage 3–4 | Firm dispatch and redundancy are mandatory here, not optional upgrades |
The team
Two founders, one exit record.
Already raised, built and exited at scale in Indian clean energy.
Punit Goyal
Founder & CEOSerial entrepreneur in clean energy and electric mobility. Raised and invested $300 million across solar power plants, module manufacturing and electric mobility between 2008 and 2025.
Founded PLG Power and PLG Photovoltaic, India's first 20 MW solar project, which exited for $68 million and is now owned by KKR-backed IndiGrid. Co-founded BluSmart Mobility and scaled it to $100 million ARR.
- India UK 75 at 75 Achiever
- Honorary Doctorate, Aston University
- CNBC TV18 Young Turk Startup of the Year 2023
Raman Ladda
Co-Founder & CBOCo-Founder and Director of Infisol Energy, a solar EPC and energy infrastructure platform with a 250+ person team, live across Maharashtra, Madhya Pradesh, Karnataka and Punjab.
Infisol has delivered 3 GW+ for India's leading IPPs, with 600 MW+ under its own execution. Structured PM-KUSUM, MSKVY 2.0 and DISCOM PPAs.
- Top 50 Clean Energy Leaders, 2025
- BITS Pilani, XLRI Jamshedpur
- Reliance, Jio-bp, Accenture
Contact
Tariffs converge.
Delivery does not.
We size the plant to your load before we quote a number, then stand behind delivery for the life of the contract.
Vaswani Chambers, Worli
Mumbai 400025
Start here
Send us twelve months of consumption data
We'll show you which stage your load requires, before we quote a tariff.