Company lists
The Gurugram edition · 2026

Energycompanies in Gurugram

Solar, wind & renewables, energy storage, power equipment, oil & gas and more: the companies building energy in Gurugram, Haryana, with their founders, funding, team size and business models.

169 company profiles93 with reported revenue14 with recorded fundingOctober 2026 edition
Gurugram · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent energy business events in India

Funding, M&A, contract wins and launches involving 6,577 energy companies in India, last 24 months: 1492 Contracts · 323 M&A deals · 135 funding rounds · 18 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Adani energy solutions acquires Intellismart

Adani Group's Adani Energy Solutions (AESL) has announced its 100% acquisition of IntelliSmart Infrastructure Private Limited, playing a big stake in India's smart metering sector. The…

Smart metering
M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

Adani Energy Solutions (AESL) has signed a binding securities purchase and subscription agreement to acquire 100% of the equity in smart metering company IntelliSmart Infrastructure.

Smart Metering
ContractInfrastructure

Bharat heavy electricals · client: Meja Urja Nigam

Shares of state-owned Bharat Heavy Electricals Limited went up by over 2 per cent on Friday after the engineering major secured an order worth over Rs 21,000 crore from Meja Urja Nigam…

Power
ContractInfrastructure

Bhel · client: Meja Urja Nigam

BHEL announced it has bagged an order worth Rs 21,000 crore for the development of a thermal power plant in Uttar Pradesh, awarded by Meja Urja Nigam Private (MUNPL).

Energy
ContractSupply

Bharat heavy electricals · client: Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise

Bharat Heavy Electricals Limited (BHEL) signed a contract on 2 June 2026 with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise in Nigeria for a refinery and petrochemical…

Energy
M&AAcquisition · Announced

AM Green acquires Assam Bio Refinery

This divestment strategy coincides with AM Green's plans to acquire Fortum Oyj's and Chempolis Oy's 50% stake in their joint venture, Assam Bio Refinery Pvt Ltd, along with the Finnish…

Biotechnology
M&AAcquisition · Completed

Life insurance corporation of india acquires NHPC

Life Insurance Corporation of India (LIC) has increased its holding in state-owned hydropower major NHPC Ltd by acquiring a 0.76 per cent stake through open market transactions on June…

Hydropower
ContractService

BigTrunk Communications · client: Velvex

BigTrunk Communications has added another marquee account to its roster, securing the national digital and social media mandate for Velvex, the lubricant brand owned by Nandan Petrochem…

Advertising
ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

Sharika Enterprises, a power sector and smart infrastructure solution company, has secured a key subcontract for the deployment of an Advanced Distribution Management System (ADMS) under…

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

Ganesh Green Bharat Ltd bagged a 1,000 MWh Battery Energy Storage System (BESS) engineering, procurement, and construction (EPC) contract from NTPC Renewable Energy Ltd (NTPC REL).

Renewable energy
ContractService

BigTrunk Communications · client: Nandan Petrochem

BigTrunk Communications, an independent integrated advertising agency known for its data-driven and creative approach, has secured the national digital and social media mandate for…

Advertising
ContractInfrastructure

Bajel Projects · client: Datacenter Client

Bajel Projects has received a mega EPC contract from Datacenter Client (Mumbai) for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of…

Infrastructure
ContractService

Power mech projects · client: Adani Infrastructure Management Services Limited

Power Mech Projects Limited has secured a new order worth ₹266.26 crore from Adani Infrastructure Management Services Limited for operations and maintenance services at a thermal power…

Power
FundingQualified Institutional Placement (QIP)

Acme solar

Acme Solar aims to raise up to ₹2,800 crore through the QIP. The issue comprises a base size of ₹2,600 crore, along with a greenshoe option of ₹200 crore.

Investors Na
ContractSupply

DEE Development Engineers · client: Bharat Petroleum

The contracts include a INR 386.83 crore order from Bharat Petroleum Corporation (BPCL) for the manufacturing and supply of piping systems

Energy
ContractSupply

Sharika enterprises · client: East india udyog

Smart grid firm Sharika Enterprises Limited has secured a ₹24.90 crore subcontract from East India Udyog Limited for UPCL's Ganga Corridor project.

Power
ContractSupply

United drilling tools · client: Shivganga Drillers

United Drilling Tools has secured a domestic order worth around Rs 16.62 lakh from Shivganga Drillers. The order is for the supply of Stabilizer(s) used in Oil and Gas Industry in the…

Oil and Gas
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

According to sources to Manicontrol, after collecting binding bids, Aditya Birla Group, led by Kumar Mangalum Birla, has taken the lead in the race to buy Indian Renewable Energy…

Renewable Energy
ContractSupply

Transrail lighting · client: Na

Transrail Lighting, a leading engineering, procurement and construction (EPC) company, has secured fresh orders worth ₹575 crore, further strengthening its presence across the…

Infrastructure
ContractSupply

Hirschvogel Components · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

Hinduja Renewables Energy Private Limited (HREPL), the renewable energy Company of the Hinduja Group, has signed solar Power Delivery Agreements with Höganäs India Private Limited and…

Renewable energy
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

Saatvik Green Energy Limited today announced that it has received and accepted an order aggregating to ₹171.45 crore for a domestic independent power producer.

Clean energy / solar
M&AAcquisition · Completed

Power grid corporation of india acquires TUMKUR II RE Transmission Limited

Power Finance Corporation Limited completed the transfer of its wholly owned subsidiary, TUMKUR II RE Transmission Limited, to Power Grid Corporation of India Limited on May 29, 2026,…

Transmission
M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

Thakral Corporation Ltd (TCL) has completed the acquisition of an additional 81.64% equity stake in TIL Investments Private Limited (TIL) through its wholly-owned subsidiary, Paramount…

Healthcare-led real estate development
M&AAcquisition · Completed

Man industries acquires National

India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi subsidiary Man…

Manufacturing
M&AAcquisition · Pending

Dalmia Bharat Refractories acquires Dalmia

The company is also in talks to acquire Dalmia Magnesite Corporation, pending regulatory approval.

Refractory Industry
M&AAcquisition · Completed

Birla Mutual Fund acquires Adani energy solutions

Qatar Holding LLC, a Qatari investment authority affiliated to the Qatari Investment Authority, sold 48.05 lakh shares of Adani Energy Solutions in a big deal on the open market on…

Energy
M&AAcquisition · Announced

Adani power acquires Jaiprakash power ventures

Adani Power Ltd has also expanded its energy portfolio by acquiring JAL's power assets. This includes a 24% stake in Jaiprakash Power Ventures Ltd (JPVL) and a 180 MW thermal power plant…

Power
M&AAcquisition · Completed

Man industries acquires Npc

This acquisition represents a strategic move for Man Industries, as NPC possesses a robust balance sheet with cash and liquid assets amounting to USD 83 million.

M&AAcquisition · Announced

Adani power acquires JP Power (Jay Prakash Power Ventures Limited)

Adani Power has announced on Thursday that it has made definitive agreements with Jay Prakash Associates Limited (JP Associates). The agreement is to acquire a 24 per cent stake in JP…

Power

Energy companies in Gurugram, by revenue

Browse energy companies in Gurugram by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 93 energy companies in Gurugram, Haryana that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of infrastructure development services

Solar energy
₹6,857.82 crFY 2024-25
+42%2024–2025
6recorded Sep 2024
4 yr2022
0none in 3 months

302 Found

Oil & gas upstream
₹2,361.03 crFY 2024-25
+4%2024–2025
282LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Manufacturer of diesel gensets & HT & LT panels, and transformers

Electricity transmission & distribution project developer
₹1,974.77 crFY 2021-22
Not reported
672+2% 12 mo to Feb 2024recorded Feb 2024
53 yr1973
—No postings tracked

Manufacturers of solar PV modules

Solar energy
₹2,192.47 crFY 2024-25
Not reported
1,337+24% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Independent solar power producers

Solar energy
₹1,575.24 crFY 2024-25
Not reported
365+76% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted May 2026

Provider of automotive batteries, inverter batteries, and residential solar products, offering a range of smart energy solutions for various applications

Energy storage
₹1,139.82 crFY 2024-25
+6%2024–2025
642+4% 12 mo to Jul 2024recorded Jul 2024
12 yr2014
1postings · last posted Sep 2026

Renewable energy company specializing in engineering, procurement, and construction services for solar, wind, and hybrid power systems

Solar energy
₹857.36 crFY 2024-25
-32%2024–2025
275LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of renewable energy services

Solar energy
₹702.17 crFY 2024-25
+98%2024–2025
282LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer and supplier of lubricants and grease

Oil & gas downstream
₹599.16 crFY 2024-25
Not reported
98+2% 12 mo to Sep 2024LinkedIn · Jul 2026
38 yr1988
0none in 3 months · last posted May 2026

Manufacturer of multiple electrical equipment

Electricity transmission & distribution equipment
₹495.75 crFY 2024-25
-11%2024–2025
—Not available
21 yr2005
0none in 3 months

Provider of remote monitoring and management of telecom sector

Solar energy
₹431.40 crFY 2024-25
Not reported
141LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of solar panels and powered storage products

Energy storage
₹426.53 crFY 2024-25
+34%2024–2025
972-8% 12 mo to Jan 2019LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Developer and operator of hydroelectric power plants

Hydro power
₹193.57 crFY 2021-22
Not reported
66-92% 12 mo to Jun 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Developer of electricity transmission based utility projects

Electricity transmission & distribution project developer
₹202.28 crFY 2022-23
Not reported
209+0% 12 mo to Sep 2024LinkedIn · Jul 2026
47 yr1979
—No postings tracked

Manufacturer of solar charging products

Solar energy
₹203.20 crFY 2024-25
+2%2024–2025
70+33% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Leading solar distribution company specializing in importing and distributing solar inverters and modules

Solar energy
₹172.36 crFY 2024-25
Not reported
19LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of renewable energy services specializing in solar power systems

Solar energy
₹169.00 crFY 2024-25
+75%2024–2025
42LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Developer of wind and solar energy projects

Wind energy
₹140.47 crFY 2024-25
-8%2024–2025
—Not available
13 yr2013
0none in 3 months

Solar installation company

Solar energy
US$16.37mDec 2022
Not reported
—Not available
7 yr2019
0none in 3 months

Provider of solar engineering, procurement, and constructions services

Solar energy
₹132.90 crFY 2024-25
-49%2024–2025
7LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of distributed solar and grid power solutions

Solar energy
₹129.48 crFY 2024-25
+38%2024–2025
30LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Solar panel installation and O&M service providing company

Solar energy
₹120.51 crFY 2024-25
+47%2024–2025
137+112% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of infrastructure solutions & construction company, delivering projects in the power, oil & gas, petrochemical, and road & railway tunnelling industries

Oilfield services
₹119.83 crFY 2024-25
-38%2024–2025
1LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Company is a HDD engineering company offering solutions in the field of horizontal directional drilling

Oilfield services
₹108.71 crFY 2024-25
-11%2024–2025
—Not available
19 yr2007
0none in 3 months

Provider of industrial enclosure systems, cable trays, MEP supports, and more

Industrial automation equipment
₹108.14 crFY 2024-25
-9%2024–2025
64LinkedIn · Jul 2026
14 yr2012
0none in 3 months
50 of 169 companies shown here · the full list is on Radar
Fliar Radar

Explore all 169 energy companies in Gurugram on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open energy in Gurugram on Radar
  • Every company, not just 50All 169 energy companies in Gurugram, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore energy companies in Gurugram by what you are looking for

Find top energy companies in Gurugram, from solar and wind developers to oil and gas firms and battery makers. Browse renewable energy companies in Gurugram and the energy startups among them.

9 ways to explore energy in Gurugram

Solar energy companiesWind, hydro & bioenergy companiesBattery & energy storage companiesPower transmission, distribution & electrical equipmentOil & gas companiesEnergy efficiency & LED lighting companies

Solar energy companies

Solar panel makers, installers and solar power project developers.

  1. Saatvik Green Energy

    Manufacturers of solar PV modules

    Solar energy
    See in list
  2. ACME Solar

    Independent solar power producers

    Solar energy
    See in list
  3. Apollo Green Energy

    Renewable energy company specializing in engineering, procurement, and construction services for solar, wind, and hybrid power systems

    Solar energy
    See in list
  4. Su-Kam Power Systems

    Manufacturer of solar panels and powered storage products

    Energy storage
    See in list
  5. J.S. Solartech

    Leading solar distribution company specializing in importing and distributing solar inverters and modules

    Solar energy
    See in list

Wind, hydro & bioenergy companies

Wind farm developers, hydro power, biofuel and other renewable energy companies.

  1. Apollo Green Energy

    Renewable energy company specializing in engineering, procurement, and construction services for solar, wind, and hybrid power systems

    Solar energy
    See in list
  2. Dans Energy

    Developer and operator of hydroelectric power plants

    Hydro power
    See in list
  3. Serentica Renewables

    Provider of renewable energy solutions for commercial and industrial clients

    Renewable energy tech
    See in list
  4. Kissan Energy

    Manufacturer of renewable fuels, fuel additives, petroleum products, and chemical products

    Oil & gas downstream services
    See in list
  5. OneEarth Power

    Provider of blockchain, wind and solar project development services

    Blockchain services
    Website

Battery & energy storage companies

Battery manufacturers and energy storage solution providers.

  1. Livfast

    Provider of automotive batteries, inverter batteries, and residential solar products, offering a range of smart energy solutions for various applications

    Energy storage
    See in list
  2. Su-Kam Power Systems

    Manufacturer of solar panels and powered storage products

    Energy storage
    See in list
  3. Amptek

    Manufacturer of lithium and e bike batteries

    Energy storage
    Website
  4. Simpa Energy

    Provider of solar power systems on financing to households and shops

    Energy storage
    Website
  5. Energy and Fire

    Developer of batteries

    Energy storage
    Website

Power transmission, distribution & electrical equipment

Makers and developers of transformers, cables and power distribution systems.

  1. Sudhir

    Manufacturer of diesel gensets & HT & LT panels, and transformers

    Electricity transmission & distribution project developer
    See in list
  2. Bonton Cables India

    Manufacturer of multiple electrical equipment

    Electricity transmission & distribution equipment
    See in list
  3. Shyama Power

    Developer of electricity transmission based utility projects

    Electricity transmission & distribution project developer
    See in list
  4. Jastech

    Provider of industrial enclosure systems, cable trays, MEP supports, and more

    Industrial automation equipment
    See in list
  5. ATS Group

    Manufacturer of automated conveyor systems, light cranes, and power transformers

    Electricity transmission & distribution equipment
    See in list

Oil & gas companies

Oilfield services, equipment makers, lubricants and gas distribution firms.

  1. Valvolinecummins

    302 Found

    Oil & gas upstream
    See in list
  2. Siddharth Grease & Lubes

    Manufacturer and supplier of lubricants and grease

    Oil & gas downstream
    See in list
  3. GEECL

    Coal bed methane exploration company

    Oil & gas upstream
    Website
  4. BOMS

    Provider of infrastructure solutions & construction company, delivering projects in the power, oil & gas, petrochemical, and road & railway tunnelling industries

    Oilfield services
    See in list
  5. Botil Oil Tools India

    Manufacturer and global supplier of a comprehensive range of downhole drilling & production oil tools

    Oil & gas equipment
    See in list

Energy efficiency & LED lighting companies

LED lighting, energy management and energy saving solution providers.

  1. Remcl

    Developer of wind and solar energy projects

    Wind energy
    See in list
  2. Avaids Technovators

    Manufacturer of aviation warning lights and aircraft warning spheres for enhancing safety in the skies

    Services for energy efficiency
    See in list
  3. Turnpoint Technologies

    Manufacturer of LED lighting products

    Energy efficiency
    Website
  4. MG Cooling Solutions

    Provider of HVAC system installation and repair services

    Services for energy efficiency
    Website
  5. Energized Solutions

    Provider of energy management and lighting solutions

    Energy efficiency
    Website

Listed energy companies in Gurugram

Publicly listed energy companies.

  1. GMR Power & Urban

    Provider of infrastructure development services

    Solar energy
    See in list
  2. Saatvik Green Energy

    Manufacturers of solar PV modules

    Solar energy
    See in list
  3. ACME Solar

    Independent solar power producers

    Solar energy
    See in list
  4. GEECL

    Coal bed methane exploration company

    Oil & gas upstream
    Website
  5. Smarten Power Systems

    Manufacturer of solar charging products

    Solar energy
    See in list
8 companies in Gurugram

Energy startups in Gurugram

Newer energy companies founded in the last few years.

  1. GMR Power & Urban

    Provider of infrastructure development services

    Solar energy
    See in list
  2. Blupine Energy

    Provider of renewable energy services

    Solar energy
    See in list
  3. Serentica Renewables

    Provider of renewable energy solutions for commercial and industrial clients

    Renewable energy tech
    See in list
  4. Advon

    Manufacturer of lithium, automotive, and inverter batteries

    Energy storage
    See in list
  5. GasTech

    Manufacturer of fuel kits for diesel engines

    Oil & gas equipment
    See in list
21 companies in Gurugram

Energy companies hiring in Gurugram

Energy companies with open jobs right now.

  1. ACME Solar

    Independent solar power producers

    Solar energy
    See in list
  2. Livfast

    Provider of automotive batteries, inverter batteries, and residential solar products, offering a range of smart energy solutions for various applications

    Energy storage
    See in list
  3. Siddharth Grease & Lubes

    Manufacturer and supplier of lubricants and grease

    Oil & gas downstream
    See in list
  4. VSL Renewable Services

    Provider of renewable energy services specializing in solar power systems

    Solar energy
    See in list
  5. Avaids Technovators

    Manufacturer of aviation warning lights and aircraft warning spheres for enhancing safety in the skies

    Services for energy efficiency
    See in list
8 companies in Gurugram
Mobile reach

Top 10 energy apps from Gurugram

The most-installed Android apps published by energy companies headquartered in Gurugram — 144K installs between them. 11 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
4

HomeScape Solar

by HomeScape

Installs12K
Rating—
Last updatedJan 2024
View on Google Play ↗
HomeScape Solar screenshot 1HomeScape Solar screenshot 2HomeScape Solar screenshot 3HomeScape Solar screenshot 4HomeScape Solar screenshot 5HomeScape Solar screenshot 6
5

Livfast Smartflash

by Livfast

Installs10K
Rating—
Last updatedAug 2024
View on Google Play ↗
Livfast Smartflash screenshot 1Livfast Smartflash screenshot 2Livfast Smartflash screenshot 3Livfast Smartflash screenshot 4Livfast Smartflash screenshot 5Livfast Smartflash screenshot 6
9

Elekore +

by Elekore

Installs377
Rating—
Last updatedSep 2025
View on Google Play ↗
Elekore + screenshot 1Elekore + screenshot 2Elekore + screenshot 3Elekore + screenshot 4Elekore + screenshot 5Elekore + screenshot 6
10

Fuel Wings

by Fuelwings

Installs372
Rating—
Last updatedJul 2025
View on Google Play ↗
Fuel Wings screenshot 1Fuel Wings screenshot 2Fuel Wings screenshot 3
The business behind the activity

Energy financials in Gurugram

Revenue, profit and growth from the filed annual accounts of 94 energy companies in Gurugram, Haryana for FY24-25 — 105 of the 169 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹14,080.93 cr

94 companies filing accounts

combined net profit₹1,759.70 cr

12.5% aggregate margin

are profitable72%

67 of 94 companies

median revenue~₹23.7 cr

the typical company

median revenue growth+15%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹6,631.36 crFY19-2068 filers
₹7,758.79 crFY20-2181 filers
₹10,662.79 crFY21-2284 filers
₹12,734.86 crFY22-2386 filers
₹12,686.81 crFY23-2487 filers
₹14,080.93 crFY24-2594 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 77 companies over three years

+18%
FY22-23₹11,780.47 cr₹101.76 cr net
FY23-24₹12,381.92 cr₹1,878.76 cr net
FY24-25₹13,883.43 cr₹1,832.79 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2040% profitable
₹1–10 cr1850% profitable
₹10–100 cr3284% profitable
₹100–1,000 cr2095% profitable
Over ₹1,000 cr4100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking33
0–20%11
20–50%20
50–100%9
Doubled+13

86 companies with accounts for both years; median growth +15%.

Profitability

Profit is concentrated at the top

67profitable
26loss-making
12.5%aggregate margin
2.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
WinnerspitchWINNERSPITCH ENERGY PRIVATE LIMITED
Solar 91SOLAR91 CLEANTECH LIMITED
ACME SolarAcme Solar Holdings Limited+150%₹1,511.84 cr
SolluzSOLLUZ ENERGY PRIVATE LIMITED
FuelwingsFUEL WINGS INDIA PRIVATE LIMITED+95%₹15.02 cr
Kissan EnergyKISSAN ENERGY INDIA PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
GMR Power & UrbanGMR POWER AND URBAN INFRA LIMITED146.8%₹508.59 cr
RemclREMC LIMITED56.5%₹140.47 cr
ACME GroupEDEN SOLAR ENERGY GURGAON PRIVATE LIMITED
Botil Oil Tools IndiaBOTIL OIL TOOLS INDIA PRIVATE LIMITED
CasewellCASEWELL DRILLING SERVICES PRIVATE LIMITED
SudhirSUDHIR POWER LIMITED13.4%₹2,866.52 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy46₹4,055.85 cr~₹8.6 cr64%24.6%
Energy storage6₹1,652.98 cr~₹34.1 cr83%2.0%
Electricity transmission & distribution equipment9₹728.71 cr~₹21.9 cr100%2.9%
Oilfield services5₹338.48 cr~₹106.4 cr60%8.3%
Oil & gas equipment5₹246.02 cr~₹31.1 cr80%9.8%
Leaders

Largest energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
SudhirSUDHIR POWER LIMITED₹2,866.52 cr₹383.47 cr13.4%+12%
ValvolinecumminsVALVOLINE CUMMINS PRIVATE LIMITED₹2,361.03 cr₹200.78 cr8.5%+4%
ACME SolarAcme Solar Holdings Limited₹1,511.84 cr₹188.77 cr12.5%+150%
LivfastLivfast Batteries Private Limited₹1,139.82 cr₹16.28 cr1.4%+6%
GMR Power & UrbanGMR POWER AND URBAN INFRA LIMITED₹508.59 cr₹746.60 cr146.8%-37%
Bonton Cables IndiaBONTON CABLES (INDIA) PRIVATE LIMITED₹495.75 cr₹11.54 cr2.3%-11%
Siddharth Grease & LubesSIDDHARTH GREASE & LUBES PRIVATE LIMITED₹437.41 cr₹37.74 cr8.6%-6%
VNTVRINDA NANO TECHNOLOGIES PRIVATE LIMITED₹431.40 cr₹25.74 cr6.0%+30%
Su-Kam Power SystemsSU-KAM POWER SYSTEMS LIMITED₹426.53 cr₹15.96 cr3.7%+34%
Shyama PowerSHYAMA POWER INDIA LIMITED₹329.29 cr₹26.91 cr8.2%+25%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Energy Industry Landscape of India

The financials above are one chapter. The full energy landscape of Gurugram maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the energy landscape of Gurugram
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Energy funding and M&A across India

545 recorded equity rounds have gone to 6,577 energy companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gurugram compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months18

US$781.34m

equity rounds, last 24 months69

US$1.46bn

raised over five yearsUS$5.37bn

219 rounds in India

M&A deals, India323

last 24 months

Capital by year

Equity funding into energy in India

amount rounds
$998m201829
$1.3bn201919
$443m202016
$668m202130
$1.3bn202234
$1.1bn202338
$984m202463
$900m202540
$406m202614

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.31bn across 34 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$102.98m26 rounds · median US$326k
SeedUS$142.06m82 rounds · median US$407k
Series AUS$430.28m42 rounds · median US$4.54m
Series BUS$717.57m25 rounds · median US$13.32m
Series CUS$601.70m16 rounds · median US$35.61m
Series D+US$2.17bn20 rounds · median US$58.75m
Private equityUS$1.20bn8 rounds · median US$100.00m
Where the money went · five years

Most-funded sub-sectors

Solar energyUS$3.38bn122 rounds · 64 companies
Wind energyUS$771.24m11 rounds · 4 companies
Renewable energy techUS$661.80m5 rounds · 3 companies
Electricity transmission & distribution equipmentUS$125.84m4 rounds · 4 companies
Diversified consumer electronics brandsUS$62.00m1 rounds · 1 companies
Hydro powerUS$57.58m2 rounds · 2 companies
Alternative lendingUS$54.61m4 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

300Acquisition
18Merger
2Takeover

Most active acquirers

  1. Adani group37
  2. Power grid corporation of india17
  3. Waaree energies14
  4. Inox Clean Energy11
  5. Premier energies10

Most acquired or merged

  1. Sprng energy10
  2. Ayana renewable power9
  3. Wind World India7
  4. Castrol india7
  5. Vibrant energy6

Each deal appears in the events strip at the top of the page.

Energy funding in Gurugram

14 energy companies in Gurugram have recorded equity funding, US$2.77bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gurugram

Meet the people behind energy companies in Gurugram. 73 of 169 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gurugram energy companies by sub-sector

The most common specialisations among energy companies in Gurugram. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring energy in India and nearby markets.

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