Tag: Steer renewable energy transition projects India 2025

The global consultancy adds a second India base in Lower Parel, with Head of India Vaibhav Gupta highlighting opportunities in transport, energy transition, and financial due diligence

Global consultancy Steer has expanded its Asia-Pacific footprint by opening a new office in Mumbai, located at the Dextrus workspace in Lower Parel. This is the firm’s second base in India after Delhi, reflecting its growing involvement in projects tied to infrastructure, urban development, and clean energy.
Founded in the United Kingdom, Steer advises governments, investors, and corporations on major projects in transport, mobility, energy transition, climate finance, and economic development. With India accelerating investment in metro systems, renewable energy, and sustainable infrastructure, the consultancy has been scaling its presence to meet local demand.

Vaibhav Gupta, Head of India at Steer, said the decision to establish a Mumbai office was shaped by the city’s position as a financial and business hub. “Mumbai is where capital meets infrastructure. Having a base here allows us to work more closely with clients who are shaping the country’s next phase of growth, whether that is in low-carbon transport, financing renewable energy, or conducting commercial due diligence for investors,” he explained.
The Mumbai team will focus on advisory work spanning urban transport planning, infrastructure financing, due diligence for mergers and acquisitions, and strategy for net-zero commitments. The office will also serve as a link between India and Steer’s wider Asia-Pacific operations, including teams in Singapore, Hong Kong, and Australia.

Steer has been active in India for more than a decade, contributing to metro planning, airport strategy, financial structuring for renewable projects, and advisory mandates for private equity firms. The consultancy has also engaged with state governments and multilateral institutions on policies that address mobility, climate resilience, and inclusive economic development.
The new Mumbai office positions Steer closer to its clients in financial services, infrastructure development, and sustainability-driven sectors, aligning with the firm’s broader strategy of being embedded in high-growth markets.

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