Karma Energy Limited, part of the Weizmann Group, focuses on generating power from renewable sources, primarily wind energy. Originating in 2007 as Karma Wind Power Pvt Ltd, the company evolved into a public entity in 2010, subsequently rebranding to Karma Energy Ltd. The firm operates wind farms across Andhra Pradesh, Tamil Nadu, and Maharashtra, reflecting its commitment to sustainable energy solutions. Through a strategic Scheme of Arrangement in 2010, Karma Energy acquired several subsidiaries, enhancing its capacity in the renewable sector. The company’s shares have been traded on the Bombay Stock Exchange and the National Stock Exchange since June 2011. Notable developments include commissioning a 3.5 MW hydro project in Himachal Pradesh in 2012 and a merger with Greenweiz Projects Limited in 2021. This merger, effective from April 2019, further solidifies Karma Energy’s position in the renewable energy market.
