Best Energy Companies in Ahmedabad, India
The 177 best Energy companies in Ahmedabad, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Adani Green Energy.
Our analysis of 50 Energy companies
$12.0b in tracked funding; 71% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Ahmedabad
| # | Company | Disclosed funding | Revenue | Last round | Revenue YoY | Employees | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Adani Power Thermal power production company | — | $7.0B FY2025 | 121 mo ago | -2% | 2,769 | Shersingh Khyalia CEO | — | — |
| 2 | Torrent Gas Provider of natural gas distribution services | — | $5.4B FY2025 | 38 mo ago | +11% | 665 665 → 1,103 (+66%) · sector median +22% | Uttambhai Mehta Founder | — | 1 launch |
| 3 | Torrent Power Limited information available | — | $3.5B FY2025 | 18 mo ago | +8% | — | Uttambhai Mehta Founder | — | — |
| 4 | Adani Energy Solutions Private sector power transmission company | — | $2.9B FY2025 | 22 mo ago | +42% | 9,858 | Gautam Adani Founder | 4 patents Advanced forecasting and anomaly detection for solar PV and wind energy systems. | 1 job opening · 1 partnership |
| 5 | Adani Green Energy Independent power producer from renewable energy sources 72Partners top 18%Market top 24%Moat top 26%Fin. health top 27% All 10 signals ▾Partnerstop 18% Markettop 24% Moattop 26% Fin. healthtop 27% Talenttop 28% Fundingtop 29% Newstop 34% Techtop 50% Growthbottom 45% Globalbottom 37% Partners: 5 partnership announcements in 12 mo (9 in 24 mo) · 22 contract events in 12 mo Market: 1,112 employees (top 11% of Energy) · Revenue ~$1.5B rank vs industry peers · Fliar Intelligence Index 72/100 | $1.2B | $1.5B FY2025 | 28 mo ago | +18% | 1,112 | Gautam Adani Founder | — | 2 awards |
| 6 | Adani Group Operator electricity transmission system | — | $1.4B FY2021 | 49 mo ago | — | 5,002 | Anil Sardana CEO & MD | — | — |
| 7 | Adani Solar Producer of solar cells and modules | — | $768M FY2025 | — | +99% | 412 | Muralee Krishnan CEO | — | 2 awards |
| 8 | Adani Gas Piped natural gas distribution company | $804M | $644M FY2025 | 80 mo ago | +12% | 549 | — | — | — |
| 9 | Transformers & Rectifiers Manufacturer of transformers and rectifier | — | $243M FY2025 | 32 mo ago | +58% | 538 538 → 711 (+32%) · sector median +22% | Jitendra Mamtora Co-Founder & Chairman | — | 1 award |
| 10 | GREW Solar Manufacturer of photovoltaic modules, offering engineering, procurement, and construction for solar projects 84Growth top 13%Fin. health top 26%Funding top 28%Market top 37% All 7 signals ▾Growthtop 13% Fin. healthtop 26% Fundingtop 28% Markettop 37% Techtop 45% Talentbottom 49% Globalbottom 36% Growth: Revenue +605% YoY · Web rank 50,000,000 → 5,000,000 YoY Fin. health: Revenue ~$169M (FY2023) · Net margin 5.7% rank vs industry peers · Fliar Intelligence Index 84/100 | $150M | $169M FY2025 | 4 mo ago | +605% | — | Vinay Thadani CEO & Director | — | 1 award |
| 11 | GREW Manufacturer of solar modules and provider of solar energy solutions | $4M | $169M FY2025 | 38 mo ago | +605% | 18 | Vinay Thadani CEO & Director | — | — |
| 12 | Adani Total Provider of LNG importing services | — | $132M FY2024 | — | — | — | SatinderPal Singh CEO | — | — |
| 13 | Prozeal Green Provider of solar EPC, IPP services, and battery energy storage systems | $7M | $121M FY2025 | 31 mo ago | +7% | 246 246 → 405 (+65%) · sector median +22% | Shobit Rai Co-Founder | — | 2 job openings · 1 expansion |
| 14 | Gensol Provider of solar advisory and execution services 82Product top 14%Innovation top 20%Partners top 28%Market top 29% All 12 signals ▾Producttop 14% Innovationtop 20% Partnerstop 28% Markettop 29% Fundingtop 29% Moattop 30% Fin. healthtop 33% Growthtop 34% Newsbottom 48% Techbottom 46% Talentbottom 40% Globalbottom 39% Product: 9 distinct product lines · Company stage: Public Innovation: 9 product lines rank vs industry peers · Fliar Intelligence Index 82/100 | $108M | $120M FY2024 | 28 mo ago | +147% | 300 | Anmol Jaggi Founder & Chairman & Managing Director | — | — |
| 15 | Matrix Gas & Renewables Supplier of natural gas | $46M | $74M FY2024 | 25 mo ago | — | 24 | Anmol Jaggi Founder | — | — |
| 16 | AVI Renewable Energy Provider of solar water pumping systems and other solar energy solutions | — | $62M FY2025 | — | +42% | — | Pritam Jain CEO & Founder | — | — |
| 17 | Australian Premium Solar Manufacturer of solar panels and other renewable energy products | — | $52M FY2025 | — | +193% | 341 341 → 285 (-16%) · sector median +22% | Nikunj Patel Founder & CEO | — | 1 job opening · 1 partnership |
| 18 | Sahaj Solar Manufacturer of mono and poly crystalline PV modules, solar pumps, and solar street lights | $682K | $39M FY2025 | 28 mo ago | +64% | 68 68 → 127 (+87%) · sector median +22% | Pramit Brahmbhatt Co-Founder & CEO & MD | — | — |
| 19 | Arham Petrochem Petrochemical company operating two refineries and producing solvent | — | $30M FY2022 | — | — | 18 | — | — | — |
| 20 | Soleos Solar Energy Provider of finance, insurance, and renewable energy solutions 67Growth top 22%Talent top 28%Tech top 36%Fin. health top 36% All 9 signals ▾Growthtop 22% Talenttop 28% Techtop 36% Fin. healthtop 36% Moattop 37% Fundingtop 48% Marketbottom 45% Globalbottom 43% Newsbottom 22% Growth: Revenue +132% YoY · Web rank 5,000,000 → 10,000,000 YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 67/100 | $5M | $28M FY2025 | 6 mo ago | +132% | — | Bhavesh Rathod Founder & Director | — | — |
| 21 | Banga Solar Manufacturer of solar powered products | — | $23M FY2025 | — | +98% | 54 54 → 44 (-19%) · sector median +22% | Jatin Patel Managing Director | — | — |
| 22 | Avi Appliances Manufacturer and service provider in the solar energy sector | — | $22M FY2023 | — | — | 34 | Misrimal Jain CEO | — | — |
| 23 | Aatmanirbhar Solar Solar manufacturing company that produces high-efficiency solar PV modules | — | $18M FY2025 | — | +186% | — | Niket Shah Founder & Managing Director | — | 1 expansion |
| 24 | Amrut Energy Manufacturers and resellers of solar modules and systems 67Tech top 31%Fin. health top 34%Growth top 35%Market top 39% All 7 signals ▾Techtop 31% Fin. healthtop 34% Growthtop 35% Markettop 39% Fundingtop 45% Talentbottom 49% Globalbottom 34% Tech: 50 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel Fin. health: Revenue ~$16.7M · Revenue +31% YoY rank vs industry peers · Fliar Intelligence Index 67/100 | $12M | $17M FY2025 | 17 mo ago | +31% | — | Arvind Patel Founder & Director | — | 1 expansion |
| 25 | CIMCON Provider of automation and digital transformation solutions for infrastructure sectors 40Product top 47%Growth top 48%Tech top 50%Funding bottom 49% All 8 signals ▾Producttop 47% Growthtop 48% Techtop 50% Fundingbottom 49% Fin. healthbottom 48% Talentbottom 45% Marketbottom 39% Globalbottom 33% Product: 3 published apps (102 installs) · Company stage: Series A Growth: Revenue -16% YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $6M | $12M FY2025 | 8 mo ago | -16% | — | Anil Agrawal Founder & CEO | — | — |
| 26 | MKC Manufacturer of gas cylinders | — | $12M FY2025 | 52 mo ago | +100% | 72 | — | — | — |
| 27 | Amar Hydrocarbon Manufacturer and supplier of processed fuel oil, blended fuel oil, and industrial solvents | — | $12M FY2022 | — | — | — | — | — | — |
| 28 | Aakash Exploration Provider of oil and gas field services, including workover rigs and specialized equipment | — | $12M FY2025 | — | +7% | 831 | Vipul Haria Co-CEO | — | — |
| 29 | GRE Renew Enertech Manufacturer of solar panels and indoor LED lights | $389K | $10M FY2025 | 25 mo ago | -8% | 8 | Kamlesh Patel Managing Director | — | — |
| 30 | Advait Infratech Provider of installation and maintenance services of power grids | — | $6M FY2021 | — | — | 8 | Shalin Sheth Founder | — | — |
| 31 | Atmos Power Manufactures biogas plants, biogas purification plants etc. | — | $5M FY2023 | — | — | 66 | — | 5 patents Biogas upgrading technology focusing on methane slip reduction | — |
| 32 | Accu-Panels Energy Manufacturer of solar panels | — | $4M FY2025 | — | +61% | 40 40 → 24 (-40%) · sector median +22% | — | — | — |
| 33 | Nessa Offers solar consumer goods | $95K | $4M FY2025 | 96 mo ago | +34% | 77 77 → 86 (+12%) · sector median +22% | — | — | — |
| 34 | Kanoda Solar turnkey solutions provider | $69K | $3M FY2025 | 104 mo ago | +32% | 41 | — | — | 4 job openings |
| 35 | Abellon CleanEnergy Produces biomass pellets and bio-gas | — | $3M FY2025 | — | -44% | 251 | Aditya Handa CEO & MD | 3 patents Insufficient patent information to determine technical focus. | — |
| 36 | Air-N-Gas Manufacturer of industrial gas generators and compressed air dryers | — | $2M FY2025 | — | +8% | — | Sailesh CEO | — | — |
| 37 | Air-N-Gas Process Technologies Manufacturer of PSA nitrogen & oxygen plants, and medical oxygen plants | — | $2M FY2025 | — | +8% | — | Shailesh Verma Founder & CEO | — | — |
| 38 | Ak Transcharger Provider of transformer maintenance and electricity project development services | — | $2M FY2025 | — | +38% | 3 | — | — | — |
| 39 | Advance Biofuel Manufacturer of biofuel production plants, offering sustainable and solutions for renewable energy | — | $810K FY2025 | — | -24% | — | Rafik Mankad Founder | — | 1 job opening |
| 40 | Prabha Energy Provider of online women's lifestyle content and services | $20M | $519K FY2025 | 113 mo ago | +35% | — | Dharen Shantilal Savla Co-Founder & Director | — | — |
| 41 | Pegasus Semiconductor Provider of LED and solar based lighting solutions | $147K | $70K FY2025 | 209 mo ago | +556% | — | Sudhindra Tatti Founder & MD | — | — |
Top 12 Energy companies in Ahmedabad
#1
Series D · Ahmedabad, Gujarat · founded 2022$149.9Mraised▾
Manufacturer of photovoltaic modules, offering engineering, procurement, and construction for solar projects. The company provides solar solutions, from design and construction to maintenance, ensuring performance and longevity for diverse renewable energy projects. They also produce modules using advanced technology and precision engineering.
- Feb 2026Series D$115.9M
- Sep 2025Angel$34M
#2
Series A · Ahmedabad, Gujarat · founded 2012$4.8Mraised▾
Provider of finance, insurance, and renewable energy solutions. It offers a range of solar products include Solar Panels, Commercial & Industrial Hybrid Inverters, Solar Rooftop, Energy Storage Systems and Solar Trackers. It provides solar components, commissioning of solar power plants, and regulatory clearances.
- Dec 2025Series A$12M
- Oct 2025Series A$2.3M
- May 2024Series A$5.8M
- Mar 2024Series A$4.6M
#3
Series A · Ahmedabad, Gujarat · founded 1987$5.9Mraised▾
Provider of automation and digital transformation solutions for infrastructure sectors. The company delivers hardware, software, and turnkey project implementation and operating services. It offers solutions for water treatment, distribution, sewage management, and irrigation control. The company also provides street and campus lighting, oil and gas pipeline monitoring, and building management systems.
- Oct 2025Series A$5.9M
#4
Public · Ahmedabad, Gujarat · founded 2012 · 1112 employees$1.2Braised▾
In 2021, the company recorded annual revenues of $0.42B and a net profit of $0.01B
- Jan 2024Post IPO$750M
- May 2022Post IPO$498.6M
#5
Late Stage · Ahmedabad, Gujarat · founded 2014$11.7Mraised▾
Amrut Energy is a manufacturer, supplier and exporter of a wide range of solar energy based power solutions such as solar power systems, solar panels, solar structures, solar inverters, solar street lighting systems. They have a full fledged manufacturing unit which enables them to manufacture solar panels as well as conduct R&D for further product development.
- Jan 2025PE$11.7M
#6
Public · Ahmedabad, Gujarat · founded 2012 · 300 employees$108.4Mraised▾
Gensol Solar Group provides solar advisory and execution services, specializing in solar power plant design, advisory, and EPC. They are India's largest independent operator of solar assets and have a unique business model in the sector. Gensol is dedicated to helping the world build solar power projects that are stamped with extraordinary quality.
- Feb 2024Post IPO$108.4M
#7
Series C · Ahmedabad, Gujarat · founded 2022 · 24 employees$45.7Mraised▾
Supplier of natural gas. It is a gas aggregator in the energy sector. It is also involved in the development of renewable energy such as bio-gas and solar.
- May 2024Series C$2.8M
- Jul 2023Series C$43M
#8
Public · Ahmedabad, Gujarat · founded 2004 · 549 employees$803.7Mraised▾
Adani Gas is a gas distribution company which supplies natural gas through pipeline networks to the residential, commercial & industrial sector in Ahmedabad, Vadodara, Faridabad & Khurja of India. Also, developing a pipeline network in Allahabad, Chandigarh, Ernakulam, Panipat, Daman, Dharwad, and Udhamsingh Nagar in partnership with Indian Oil Corporation. Provides a mobile application for online bill payment & managing In 2021, the company recorded annual revenues of $0.35B and a net profit of $0.08Bservices.
- Oct 2019Post IPO$803.7M
#9
Series A · Ahmedabad, Gujarat · founded 2013 · 246 employees$7.3Mraised▾
Provider of solar EPC, IPP services, and battery energy storage systems. The company focuses on renewable energy solutions, including solar EPC, wind and solar hybrid projects, solar IPP, battery energy storage systems, green hydrogen, and EV infrastructure. It develops EV charging infrastructure and executes solar EV charging station projects. The company is involved in tree plantation initiatives and supports education through school supplies.
- Nov 2023Series A$3.3M
- Mar 2023Series A$4M
#10
Series A · Ahmedabad, Gujarat · founded 2022 · 18 employees$4.2Mraised▾
Manufacturer of solar modules and provider of solar energy solutions. The company offers ground-mounted, rooftop, and floating solar power plants. It provides asset management services for solar installations. The company manufactures components used in solar energy generation.
- Apr 2023Series A$2.7M
- Jan 2023Seed$757.1K
#11
Public · Ahmedabad, Gujarat · founded 2010 · 68 employees$682.1Kraised▾
Manufacturer of mono and poly crystalline PV modules, solar pumps, and solar street lights. It offers end-to-end EPC services including design, supply, installation, testing, commissioning, and O&M for solar panels. It also develops solar rooftop projects for residential & commercial properties.
- Jan 2024Seed$397K
- Feb 2019Seed$285.1K
#12
Public · Ahmedabad, Gujarat · founded 1999 · 8 employees$389.3Kraised▾
Manufacturer of solar panels and indoor LED lights. It specializes in the development and installation of solar energy solutions, including advanced solar energy systems and energy-efficient LED lighting. It offers a range of products including solar panels, LED panel lights, LED Batten & T- 8 LED tube lights and LED bulbs.
- May 2024Unattributed$389.3K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Who's building energy storage IP in Ahmedabad
Billion Electric Mobility dominates Ahmedabad's energy-storage patent activity with all 6 filings, and activity is rising, concentrated entirely in electric/battery technology.
- Billion Electric Mobility6Ahmedabad
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.