About Us

Karma Energy Ltd. was incorporated in 2007 as "Karma Wind Power Private Limited". Karma Energy is a part of the Weizmann Group with business interests in Textile Processing and Exports and FinTech. As part of its commitment to sustainable business growth, the group ventured into the Renewable Energy sector by developing wind farms and small hydro power projects. The group also undertook the manufacture of Wind Electric Generators through a joint venture collaboration.

In 2010, the Silver Jubilee Year of the Weizmann group, the group completed a restructuring exercise and the resultant companies were rechristened as Weizmann Forex Limited and Karma Energy Limited respectively Post restructuring process, Karma Energy Limited spearheads the development of Renewable Energy Sector viz. Wind Power, Small Hydro Power of the Group. The Power Projects are spread over Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Maharashtra and Tamil Nadu.

Karma Energy has further financed infrastructure projects predominantly in the Renewable Energy sector; including wind power and small hydro power through subsidiaries and joint venture companies. Karma Energy proposes to leverage its domain expertise in the Renewable Energy Sector and increase its installed capacity base to over 350 MW over the next 4 to 5 years, with an investment outlay of Rs.21900.00 Million. The company along with SPVs and JVs in the Group are developing over 200 MW wind energy projects spread over Gujarat, Karnataka, Maharashtra and Tamil Nadu in the coming years.