Zynergy currently operates across the emerging markets with a particular focus on India and has participated in various public private partnership (PPP) initiatives and has within its portfolio solar energy generation plants with power purchase agreements in place. Furthermore, Zynergy has executed large distributed generation projects in India and has strong commercial ties with a number of African states to build Solar energy projects catering to the growing demand in the region.
Zynergy offers engineering, procurement and construction (EPC) turnkey solutions and has an Research & Development division specializing in creating innovative and affordable energy solutions.
Commenting on the transaction, Tej Kohli, the visionary entrepreneur and Chairman of Kohli Ventures, said:
"Zynergy is a high tech, renewable energy business that has the ability to transform lives by increasing access to powerful technology through innovation and engineering excellence. It is our intention to use our extensive experience and financial resources to exploit the full commercial potential of this business globally whilst making a major social impact as part of our growing portfolio of investments in this sector."
The founder and Managing Director of Zynergy, Rohit Nath, who has helped build the company to where it is today, said:
“This alliance is a huge leap forward for Zynergy in realising its strategic goals to become a leading player in the renewable energy sector. Our objective is to directly impact the lives of the masses through integrating the latest technology in the market and reducing harm to the environment, whilst at the same time help create additional income for ordinary people. Kohli Ventures’ philosophy is the perfect fit for Zynergy, as the Group prides itself on real social enterprise. The fit could not be better for us under the leadership of the Chairman, Tej Kohli.”