COMPANY HISTORY

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1993

JOURNEY SINCE INCEPTION

The journey began with the incorporation of Mangali Chemicals, establishing a strong industrial foundation and igniting a long-term vision to power progress through innovation.

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2002

A STRATEGIC TRANSITION TOWARDS GLOBAL GROWTH

A renewed leadership vision fuelled the company’s evolution, leading to rapid expansion across India and international markets — shaping the foundation for a truly global enterprise.

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2004

ESTABLISHING OPERATIONS IN THE MIDDLE EAST

Marking a pivotal milestone, the company expanded into the Middle East, setting up petroleum distribution networks and strengthening its global presence in the energy sector.

2030
2011

DIVERSIFYING INTO FLUOROCHEMICALS

The group entered the fluorochemicals segment, producing advanced refrigerant gases and introducing sustainable technologies to serve both industrial and environmental needs.

2016

EXPANDING INTO SOUTH-EAST ASIA

The company advanced its renewable vision by expanding into South-East Asia — embracing innovation and reinforcing its commitment to clean and responsible growth.

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2018

ESTABLISHING PRESENCE IN SINGAPORE

MPCL PTE Ltd was incorporated in Singapore as a wholly owned subsidiary. In Karnataka, the company acquired its first greenfield solar project under the SECI programme that same year, marking a major step forward in renewable energy.

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2019

EXPANDING FOOTPRINT IN THE UNITED ARAB EMIRATES

The group strengthened its global reach with the establishment of SPG Energy in the UAE — a key step towards building a comprehensive and diversified international renewable energy portfolio.

Onward
2022

CONSOLIDATING RENEWABLE OPERATIONS UNDER ONE ENTITY

To streamline operations and enhance synergy, Onward Solar Power Private Limited was established to bring all renewable assets under one roof — ensuring efficiency, consistency, and strategic growth across projects.

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2023

ADVANCING INDIA’S CLEAN ENERGY TRANSITION

Onward Solar reached a major milestone by commissioning and operating 75 MWp of solar projects, reinforcing its mission to accelerate India’s transition towards sustainable energy solutions.

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2024

SCALING UP RENEWABLE CAPACITY

Through the acquisition of multiple brownfield assets, the company expanded its operational solar capacity to 485 MWp — reflecting consistent growth, technical excellence, and strong execution capabilities.

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2025

SURPASSING THE GIGAWATT MILESTONE

The company achieved a cumulative portfolio of 1.16 GWp in operational and under-construction renewable assets — a testament to its vision, capability, and long-term commitment towards a greener planet.

2011
2030

EMPOWERING A SUSTAINABLE FUTURE

By 2030, the company aims to evolve into a ~3 GW renewable energy platform — driving sustainable growth, enabling energy independence, and shaping a cleaner tomorrow for generations to come.

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