Magenta Power

Magenta Strengthens Executive Team With Scott Pharr As Advisor

The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […]

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E-Mobility Firm Magenta Power has a new Technology Head in Sanjeev Tripathi

Magenta Power has announced that it has strengthened its leadership Team with the appointment of Sanjeev Tripathi as the Head of Technology at the company. Leading green energy solutions provider and e-mobility focusses firm – Magenta Power has announced that it has strengthened its leadership Team with the appointment of Sanjeev Tripathi as the Head […]

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Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL

Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […]

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Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms

The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […]

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Magenta Power to Roll Out its Street Lamp Integrated EV Charger by April

Magenta Power, a HPCL-backed startup providing green energy solutions, has today unveiled its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company is further planning to roll-out this newly launched Street Lamp Integrated EV Charger into the market by next month this year. This new range of EV charging points, which […]

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Here’s how Indian Solar Industry Evaluates the Budget 2020

The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]

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Startup Feature – Magenta Power

Total employees: 29 Key operational areas (Products, Regions, Clients) It’s key operational area is Mumbai specifically. However, it has marked presence in the major cities in India such as Mumbai, Pune, Bangalore, Baruch, Nashik, Hyderabad and Chandigarh. Under its aggressive expansion plan, the company is aiming to reach pan India in the New Year 2020. […]

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Magenta Power Opens its First R&D Centre in Navi Mumbai

Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […]

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