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…
Company lists
Energy efficiency, solar, power equipment, wind, batteries and more: the companies building energy in Madhya Pradesh, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 6,577 energy companies in India, last 24 months: 1475 Contracts · 321 M&A deals · 133 funding rounds · 17 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
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…
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.
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…
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).
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…
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…
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…
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…
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…
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).
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…
Bajel Projects has received a mega EPC contract from Datacenter Client (Mumbai) for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of…
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…
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.
The contracts include a INR 386.83 crore order from Bharat Petroleum Corporation (BPCL) for the manufacturing and supply of piping systems
Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…
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…
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…
Transrail Lighting, a leading engineering, procurement and construction (EPC) company, has secured fresh orders worth ₹575 crore, further strengthening its presence across the…
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…
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…
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.
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,…
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…
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…
The company is also in talks to acquire Dalmia Magnesite Corporation, pending regulatory approval.
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…
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…
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.
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…
Browse energy companies in Madhya Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 45 companies below are the largest by their most recent reported revenue among 45 energy companies in Madhya Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Provider of power management solutions
Energy regulatory & industry bodies₹45,375.82 cr in FY23-24 · net ₹0.00 lakh · +82% since FY2017
Filed standalone accounts · M.p. Power Management Company LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of climate change consultancy services
Services for energy efficiency₹181.54 cr in FY24-25 · net ₹15.26 cr · +2490% since FY2018
Filed standalone accounts · Eki Energy Services LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of steel wire and plastic films
Electricity transmission & distribution equipment₹629.83 cr in FY24-25 · net ₹22.20 cr · +203% since FY2018
Filed standalone accounts · D P Wires LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of services to the oil refinery industry, with a focus on oil seed crushing and refining, as well as offering solutions for data encryption and management
Oil & gas downstream services₹479.70 cr in FY24-25 · net ₹4.60 cr · +376% since FY2018
Filed standalone accounts · Idea International Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company providing safe and uninterrupted natural gas supply to domestic, commercial, industrial, and automotive sectors
Oil & gas downstream services₹818.25 cr in FY24-25 · net ₹80.18 cr · +448% since FY2018
Filed standalone accounts · Aavantika Gas LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of power, distribution, and inverter duty transformers for various industries
Electricity transmission & distribution equipment
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company that provides integrated drilling services, offering efficient well delivery and targeting solutions to the oil and gas industry
Oil & gas downstream services₹359.90 cr in FY24-25 · net ₹62.32 cr · +769% since FY2018
Filed standalone accounts · Shivganga Drillers LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of transmission project planning and management services
Electricity transmission & distribution project developer₹230.96 cr in FY24-25 · net ₹11.23 cr · +114% since FY2018
Filed standalone accounts · Agrawal Power Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of transformers
Electricity transmission & distribution equipment₹143.21 cr in FY24-25 · net ₹10.63 cr · +114% since FY2018
Filed standalone accounts · Star Delta Transformers Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar PV modules, inverters, mounting, and accessories
Solar energy₹146.46 cr in FY24-25 · net ₹1.03 cr · +1397657% since FY2018
Filed standalone accounts · Trade Plus Resources And Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of hydro power projects
Hydro power₹102.95 cr in FY24-25 · net ₹11.05 cr · +101% since FY2018
Filed standalone accounts · Gtv Engineering Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions
Solar energy₹103.61 cr in FY24-25 · net ₹5.54 cr · +202% since FY2018
Filed standalone accounts · Dynamech Electropower Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of electrical and mechanical engineering solutions for diverse industrial applications
Non- renewable power generation₹91.03 cr in FY24-25 · net ₹4.23 cr · +17% since FY2024
Filed standalone accounts · Powerlux Industries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energy₹77.40 cr in FY24-25 · net ₹8.47 cr · +670% since FY2021
Filed standalone accounts · Pickrenew Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of power distribution transformers and DPC aluminium wires
Electricity transmission & distribution equipment₹77.37 cr in FY24-25 · net ₹3.19 cr · +538% since FY2018
Filed standalone accounts · Electro-Tech Transmission Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Installer of utility-scale solar PV systems
Solar energy₹34.36 cr in FY24-25 · net ₹8.85 cr · -93% since FY2017
Filed standalone accounts · Ujaas Energy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of power generation from coal
Non- renewable power generation₹52.53 cr in FY24-25 · net ₹48.74 lakh · +61% since FY2018
Filed standalone accounts · Balaji Coal Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and supplier of transformers
Electricity transmission & distribution equipmentEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of power transmission and distribution based projects
Electricity transmission & distribution project developer₹39.03 cr in FY24-25 · net ₹2.04 cr · +223% since FY2018
Filed standalone accounts · Aartech Solonics LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of O&M services for solar power plants
Solar energy₹23.61 cr in FY24-25 · net −₹1.38 cr · +673% since FY2022
Filed standalone accounts · Khare Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of technical plastic sheets of EVA production an extrudable random copolymer
Solar energyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of transformers, offering a range of products including amorphous core type transformers, distribution transformers, and special purpose transformers
Electricity transmission & distribution equipment₹19.70 cr in FY24-25 · net ₹19.87 lakh · +1968% since FY2019
Filed standalone accounts · Rnsons India Alloys Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Trader and wholesaler of silent diesel generators and solar power products.
Solar energy₹15.67 cr in FY24-25 · net ₹11.43 lakh · +204% since FY2017
Filed standalone accounts · Onward Energies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manfuacturer and distributor of electrical products
Electricity transmission & distribution equipment₹4.54 cr in FY24-25 · net ₹3.32 lakh · -15% since FY2018
Filed standalone accounts · Ageco India Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar solutions for residential and commercial properties
Solar energy₹9.89 cr in FY24-25 · net ₹30.20 lakh · +4204% since FY2022
Filed standalone accounts · Luxsun Energy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar energy services for residential & commercial
Solar energyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar installation, design, and maintenance service provider
Solar energyin FY24-25 · net · since FY2017
Filed standalone accounts · Infinit Energy Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of VRLA batteries
Energy storagein FY24-25 · net · since FY2019
Filed standalone accounts · Jain Batteries Global Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of a solar platform offering CRM, proposal creation, and procurement tools
Renewable energy techin FY24-25 · net · since FY2022
Filed standalone accounts · Solartrade Renewabletech Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Designer and manufacturer of energy-efficient hybrid air handling units
Energy efficiencyin FY24-25 · net · since FY2018
Filed standalone accounts · Vaayu Home Appliances (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

LPG distribution company
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Gagan Gases Limited.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of UV air purifiers and industrial turnkey projects, specializing in biogas plants, oxygen plants, and biogas purification plants
Solar energyin FY24-25 · net · since FY2022
Filed standalone accounts · Finsen Ritter Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of wind energy solutions
Wind energyin FY24-25 · net · since FY2024
Filed standalone accounts · Sanwaliya Windtech Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Retailer of LED street lights, flood lights, and high bay lights
Printed circuit boardsin FY24-25 · net · since FY2023
Filed standalone accounts · Lightons Engineering Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Distributed rural solar powered energy solutions developer
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Pushan Renewable Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Wind Energy Engineering Consultancy provider
Wind energyin FY24-25 · net · since FY2020
Filed standalone accounts · Pfiffner Instrument Transformers Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of solar plant operation and maintenance services
Solar energyin FY24-25 · net · since FY2019
Filed standalone accounts · Heliosvento Power Infra (Opc) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Developer of solar energy projects
Solar energyin FY21-22 · net · since FY2018
Filed standalone accounts · Urjaswa Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Solar and LED lighting products manufacturer
Energy efficiencyin FY24-25 · net · since FY2018
Filed standalone accounts · Prudent Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of rooftop solar panel installation services
Solar energyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Utility scale wind turbine manufacturers
Wind energyin FY23-24 · net · since FY2016
Filed standalone accounts · Extol Wind Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of processed linseed oils and biodiesel
Bioenergyin FY24-25 · net · since FY2018
Filed standalone accounts · Krishi Oils Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of lead acid & lithium ion batteries
Energy storagein FY24-25 · net · since FY2021
Filed standalone accounts · Zxz Power Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Company that provides electric vehicle charging solutions, enabling real estate owners, charge point operators, and EV fleet operators to connect and facilitate the adoption of EVs
Services for energy storageEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of finances sustainable projects and supports India's transition to a low-carbon economy
BioenergyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 45. Radar has the complete, filterable list with contacts and live company signals.
Open energy in Madhya Pradesh on RadarFind top energy companies in Madhya Pradesh, from solar energy companies to transformer makers and biofuel producers. Browse energy startups in Madhya Pradesh, energy efficiency suppliers and energy companies hiring in the state.
Makers of energy-efficient lighting, fans and air handling equipment.

Provider of power management solutions
Energy regulatory & industry bodiesProvider of climate change consultancy services
Services for energy efficiency
Designer and manufacturer of energy-efficient hybrid air handling units
Energy efficiency
Solar and LED lighting products manufacturer
Energy efficiency
Provider of carbon credit production services dedicated to providing nature-based solutions to industries
Services for energy efficiencySolar panel suppliers, installers and solar power plant developers.

Provider of solar PV modules, inverters, mounting, and accessories
Solar energy
Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions
Solar energy
Developer of solar energy projects
Solar energy
Installer of utility-scale solar PV systems
Solar energy
Provider of O&M services for solar power plants
Solar energyManufacturers of transformers, wires and power distribution gear, plus transmission project developers.

Provider of transmission project planning and management services
Electricity transmission & distribution project developerManufacturer of transformers
Electricity transmission & distribution equipment
Manufacturer of power distribution transformers and DPC aluminium wires
Electricity transmission & distribution equipment
Developer of power transmission and distribution based projects
Electricity transmission & distribution project developer
Indtools Sales & Services is a distributor of power transmission, motion control, and automation products to MNC companies.
Electricity transmission & distribution equipmentWind turbine makers, wind project developers and consultants.

Provider of wind energy solutions
Wind energy
Wind Energy Engineering Consultancy provider
Wind energy
Utility scale wind turbine manufacturers
Wind energy
Manufactures sun tracking systems
Solar energyProvider of wind power consulting and project transaction services
Wind energyManufacturers of lead acid, lithium and solar batteries.

Manufacturer of VRLA batteries
Energy storage
Manufacturer of lead acid & lithium ion batteries
Energy storage
Company that provides electric vehicle charging solutions, enabling real estate owners, charge point operators, and EV fleet operators to connect and facilitate the adoption of EVs
Services for energy storage
Manufacturer of solar batteries
Energy storage
Manufacturer of inverter, tractor, and car batteries
Energy storageBiodiesel and biomass producers, LPG and fuel distributors, oil and gas downstream services.

Provider of services to the oil refinery industry, with a focus on oil seed crushing and refining, as well as offering solutions for data encryption and management
Oil & gas downstream services
Company providing safe and uninterrupted natural gas supply to domestic, commercial, industrial, and automotive sectors
Oil & gas downstream services
Company that provides integrated drilling services, offering efficient well delivery and targeting solutions to the oil and gas industry
Oil & gas downstream services
LPG distribution company
Oil & gas downstream
Manufacturer of processed linseed oils and biodiesel
BioenergyRecently founded energy companies in the state.
Provider of electrical and mechanical engineering solutions for diverse industrial applications
Non- renewable power generation
Manufacturer of technical plastic sheets of EVA production an extrudable random copolymer
Solar energy
Provider of solar solutions for residential and commercial properties
Solar energy
Provider of rooftop solar panel installation services
Solar energy
Company that provides electric vehicle charging solutions, enabling real estate owners, charge point operators, and EV fleet operators to connect and facilitate the adoption of EVs
Services for energy storageEnergy companies in the state with open roles.

Company providing safe and uninterrupted natural gas supply to domestic, commercial, industrial, and automotive sectors
Oil & gas downstream services
Manufacturer of energy-efficient solutions, specializing in solar-powered water pumping systems and other cost-effective power supply solutions
Solar energy
Developer of power transmission and distribution based projects
Electricity transmission & distribution project developer
Provider of solar energy services for residential & commercial
Solar energy
Company that provides electric vehicle charging solutions, enabling real estate owners, charge point operators, and EV fleet operators to connect and facilitate the adoption of EVs
Services for energy storagePublicly listed energy companies in the state.
Provider of climate change consultancy services
Services for energy efficiency
Manufacturer of steel wire and plastic films
Electricity transmission & distribution equipmentManufacturer of transformers
Electricity transmission & distribution equipment
Developer of hydro power projects
Hydro power
Installer of utility-scale solar PV systems
Solar energyThe most-installed Android apps published by energy companies headquartered in Madhya Pradesh — 197K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U40107MP2006PLC018684CIN U40106MP2021PTC057488CIN U33100MP2015PTC034622by BharatNex
CIN U35109MP2024PTC069683Revenue, profit and growth from the filed annual accounts of 42 energy companies in Madhya Pradesh for FY24-25 — 49 of the 103 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 67% of the revenue, so medians describe the typical company better than totals.
42 companies filing accounts
6.7% aggregate margin
34 of 42 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
38 companies with accounts for both years; median growth +23%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Khare EnergyKHARE ENERGY PRIVATE LIMITED | +248% | ₹23.61 cr |
| Trade PlusTRADE PLUS RESOURCES AND SOLUTIONS PRIVATE LIMITED | +147% | ₹146.46 cr |
| ShivgangaSHIVGANGA DRILLERS LIMITED | +82% | ₹359.90 cr |
| Agrawal PowerAGRAWAL POWER PRIVATE LIMITED | +53% | ₹230.96 cr |
| Onward EnergiesONWARD ENERGIES PRIVATE LIMITED | +45% | ₹15.67 cr |
| TransvickTRANSVICK INDUSTRIES PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| UjaasUJAAS ENERGY LIMITED | 25.8% | ₹34.36 cr |
| ShivgangaSHIVGANGA DRILLERS LIMITED | 17.3% | ₹359.90 cr |
| Naveriya GasNAVERIYA GAS PRIVATE LIMITED | 11.5% | ₹41.11 cr |
| Pickrenew EnergyPICKRENEW ENERGY PRIVATE LIMITED | 10.9% | ₹77.40 cr |
| GTVGTV ENGINEERING LIMITED | 10.7% | ₹102.95 cr |
| AgonlineAAVANTIKA GAS LIMITED | 9.8% | ₹818.25 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Electricity transmission & distribution equipment | 7 | ₹886.07 cr | ~₹19.7 cr | 86% | 4.2% |
| Solar energy | 13 | ₹425.84 cr | ~₹9.9 cr | 85% | 5.4% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| AgonlineAAVANTIKA GAS LIMITED | ₹818.25 cr | ₹80.18 cr | 9.8% | +13% |
| D P WiresD P WIRES LIMITED | ₹629.83 cr | ₹22.20 cr | 3.5% | -38% |
| Idea InternationalIDEA INTERNATIONAL PRIVATE LIMITED | ₹479.70 cr | ₹4.60 cr | 1.0% | +24% |
| ShivgangaSHIVGANGA DRILLERS LIMITED | ₹359.90 cr | ₹62.32 cr | 17.3% | +82% |
| Agrawal PowerAGRAWAL POWER PRIVATE LIMITED | ₹230.96 cr | ₹11.23 cr | 4.9% | +53% |
| EnKingEKI ENERGY SERVICES LIMITED | ₹181.54 cr | ₹15.26 cr | 8.4% | -33% |
| Trade PlusTRADE PLUS RESOURCES AND SOLUTIONS PRIVATE LIMITED | ₹146.46 cr | ₹1.03 cr | 0.7% | +147% |
| Star Delta TransformersSTAR DELTA TRANSFORMERS LIMITED | ₹143.21 cr | ₹10.63 cr | 7.4% | -1% |
| Dynamech ElectropowerDynamech Electropower Private Limited | ₹103.61 cr | ₹5.54 cr | 5.3% | +27% |
| GTVGTV ENGINEERING LIMITED | ₹102.95 cr | ₹11.05 cr | 10.7% | -16% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full energy landscape of Madhya Pradesh maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
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.
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 Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.
US$781.34m
US$1.46bn
219 rounds in India
last 24 months
Bars show US$ 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.
Equity rounds over the last five years, 128 energy companies in Madhya Pradesh among 6,577 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the energy landscape reports:
Energy Industry Landscape of IndiaMeet the people behind energy companies in Madhya Pradesh. 30 of 103 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Energy companies in Madhya Pradesh with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Solar energyProvider of O&M services for solar power plants
Founders
Details not available
Provider of a solar platform offering CRM, proposal creation, and procurement tools

Solar energyManufacturer of technical plastic sheets of EVA production an extrudable random copolymer
Founders
Details not available
Solar energyProvider of solar solutions for residential and commercial properties
Founders
Details not available
Solar energyProvider of solar PV modules, inverters, mounting, and accessories
Founders
Details not available
Solar energySolar installation, design, and maintenance service provider

Energy efficiencyDesigner and manufacturer of energy-efficient hybrid air handling units
Oil & gas downstream servicesCompany that provides integrated drilling services, offering efficient well delivery and targeting solutions to the oil and gas industry
Founders
Details not available
Electricity transmission & distribution project developerProvider of transmission project planning and management services
Founders
Details not available
Trader and wholesaler of silent diesel generators and solar power products.
Founders
Details not available
Electricity transmission & distribution equipmentManufacturer of power, distribution, and inverter duty transformers for various industries

Electricity transmission & distribution equipmentManufacturer of transformers, offering a range of products including amorphous core type transformers, distribution transformers, and special purpose transformers
Founders
Details not available
₹23.61 cr in FY24-25 · net −₹1.38 cr · +673% since FY2022
Filed standalone accounts · Khare Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Solartrade Renewabletech Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9.89 cr in FY24-25 · net ₹30.20 lakh · +4204% since FY2022
Filed standalone accounts · Luxsun Energy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹146.46 cr in FY24-25 · net ₹1.03 cr · +1397657% since FY2018
Filed standalone accounts · Trade Plus Resources And Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Infinit Energy Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Vaayu Home Appliances (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹359.90 cr in FY24-25 · net ₹62.32 cr · +769% since FY2018
Filed standalone accounts · Shivganga Drillers LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹230.96 cr in FY24-25 · net ₹11.23 cr · +114% since FY2018
Filed standalone accounts · Agrawal Power Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹15.67 cr in FY24-25 · net ₹11.43 lakh · +204% since FY2017
Filed standalone accounts · Onward Energies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.70 cr in FY24-25 · net ₹19.87 lakh · +1968% since FY2019
Filed standalone accounts · Rnsons India Alloys Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Energy companies in Madhya Pradesh founded in the last four years, newest first.
Provider of turnkey project execution, consultancy, and smart grid integration
Oil & gas downstreamManufacturer of bitumen products for road and highway construction projects
Services for energy storageCompany that provides electric vehicle charging solutions, enabling real estate owners, charge point operators, and EV fleet operators to connect and facilitate the adoption of EVs
Electricity transmission & distribution equipmentCompany that designs and manufactures thermometers, oil level indicators, and silica gel breathers
Founders
Details not available
Solar energySolar energy solutions provider offering end-to-end solar installation services and products to individuals and organizations
Founders
Details not available
Solar energyProvider of solar energy services
Founders
Details not available
Solar energyManufacturer of solar solutions, offering a range of commercial, residential, and industrial solar systems
Founders
Details not available
Solar energyProvider of residential and commercial solar energy solutions
Founders
Details not available
Provider of rooftop solar system installation, purchase, and loan services
Founders
Details not available
Solar energyProvider of rooftop solar panel installation services
Founders
Details not available
BioenergyProvider of finances sustainable projects and supports India's transition to a low-carbon economy
Founders
Details not available
Electricity transmission & distribution equipmentManufacturer of transformers, offering a range of products including amorphous core type transformers, distribution transformers, and special purpose transformers
Founders
Details not available
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.70 cr in FY24-25 · net ₹19.87 lakh · +1968% since FY2019
Filed standalone accounts · Rnsons India Alloys Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Electricity transmission & distribution project developerDeveloper of power transmission and distribution based projects
Electricity transmission & distribution equipmentManufacturer of steel wire and plastic films
Founders
Details not available
Hydro powerDeveloper of hydro power projects
Founders
Details not available
Oil & gas downstreamLPG distribution company
Manufacturer of transformers
Solar energyInstaller of utility-scale solar PV systems
₹39.03 cr in FY24-25 · net ₹2.04 cr · +223% since FY2018
Filed standalone accounts · Aartech Solonics LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹629.83 cr in FY24-25 · net ₹22.20 cr · +203% since FY2018
Filed standalone accounts · D P Wires LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹102.95 cr in FY24-25 · net ₹11.05 cr · +101% since FY2018
Filed standalone accounts · Gtv Engineering Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Gagan Gases Limited.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹143.21 cr in FY24-25 · net ₹10.63 cr · +114% since FY2018
Filed standalone accounts · Star Delta Transformers Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹34.36 cr in FY24-25 · net ₹8.85 cr · -93% since FY2017
Filed standalone accounts · Ujaas Energy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among energy companies in Madhya Pradesh. Open a company to see what it sells, who runs it and how far it has come.
40 energy companies in Madhya Pradesh work in solar energy. Shown: the best-documented.
Provider of a solar platform offering CRM, proposal creation, and procurement tools

Solar energySolar installation, design, and maintenance service provider

Retailer of LED street lights, flood lights, and high bay lights
Solar energyInstaller of utility-scale solar PV systems
Energy efficiencySolar and LED lighting products manufacturer
Solar energyProvider of solar solutions for residential and commercial properties
Founders
Details not available
Solar energyManufacturer of UV air purifiers and industrial turnkey projects, specializing in biogas plants, oxygen plants, and biogas purification plants
Founders
Details not available
Solar energyDeveloper of solar energy projects
Founders
Details not available
Solar energyProvider of rooftop solar panel installation services
Founders
Details not available
Solar energyDeveloper of solar energy projects
Founders
Details not available
Solar energyProvider of O&M services for solar power plants
Founders
Details not available
Solar energyProvider of solar PV modules, inverters, mounting, and accessories
Founders
Details not available
in FY24-25 · net · since FY2022
Filed standalone accounts · Solartrade Renewabletech Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2017
Filed standalone accounts · Infinit Energy Solutions Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2023
Filed standalone accounts · Lightons Engineering Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹34.36 cr in FY24-25 · net ₹8.85 cr · -93% since FY2017
Filed standalone accounts · Ujaas Energy LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Prudent Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9.89 cr in FY24-25 · net ₹30.20 lakh · +4204% since FY2022
Filed standalone accounts · Luxsun Energy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Finsen Ritter Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY21-22 · net · since FY2018
Filed standalone accounts · Urjaswa Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹77.40 cr in FY24-25 · net ₹8.47 cr · +670% since FY2021
Filed standalone accounts · Pickrenew Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹23.61 cr in FY24-25 · net −₹1.38 cr · +673% since FY2022
Filed standalone accounts · Khare Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹146.46 cr in FY24-25 · net ₹1.03 cr · +1397657% since FY2018
Filed standalone accounts · Trade Plus Resources And Solutions Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
18 energy companies in Madhya Pradesh work in electricity transmission & distribution equipment. Shown: the best-documented.
Electricity transmission & distribution equipmentManufacturer of power, distribution, and inverter duty transformers for various industries

Manufacturer of transformers
Electricity transmission & distribution equipmentManufacturer of steel wire and plastic films
Founders
Details not available
Electricity transmission & distribution equipmentManfuacturer and distributor of electrical products
Founders
Details not available
Electricity transmission & distribution equipmentManufacturer and supplier of transformers
Founders
Details not available
Electricity transmission & distribution equipmentManufacturer of power distribution transformers and DPC aluminium wires
Founders
Details not available
Electricity transmission & distribution equipmentManufacturer of transformers, offering a range of products including amorphous core type transformers, distribution transformers, and special purpose transformers
Founders
Details not available
Electronic componentsManufacturer and supplier of electronic components
Electricity transmission & distribution equipmentManufacturer of transformers and insulation components
Founders
Details not available
Electricity transmission & distribution equipmentDesigner, developer, and producer of devices for electrical substations and solar systems
Electricity transmission & distribution equipmentManufacturer of current transformers, potential transformers, and combined CT PT units
Electricity transmission & distribution equipmentCompany that designs and manufactures thermometers, oil level indicators, and silica gel breathers
Founders
Details not available

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹143.21 cr in FY24-25 · net ₹10.63 cr · +114% since FY2018
Filed standalone accounts · Star Delta Transformers Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹629.83 cr in FY24-25 · net ₹22.20 cr · +203% since FY2018
Filed standalone accounts · D P Wires LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4.54 cr in FY24-25 · net ₹3.32 lakh · -15% since FY2018
Filed standalone accounts · Ageco India Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹77.37 cr in FY24-25 · net ₹3.19 cr · +538% since FY2018
Filed standalone accounts · Electro-Tech Transmission Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹19.70 cr in FY24-25 · net ₹19.87 lakh · +1968% since FY2019
Filed standalone accounts · Rnsons India Alloys Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +291% since FY2018
Filed standalone accounts · Transvick Industries Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
7 energy companies in Madhya Pradesh work in wind energy. Shown: the best-documented.
Wind energyWind Energy Engineering Consultancy provider

Wind energyUtility scale wind turbine manufacturers

Wind energyProvider of wind energy solutions
Founders
Details not available
Solar energyManufactures sun tracking systems
Founders
Details not available
Wind energyProvider of infrastructure and energy solutions
Founders
Details not available
Wind energyProvider of technical consulting for renewable energy and sustainability solutions
Founders
Details not available
Provider of wind power consulting and project transaction services
Founders
Details not available
in FY24-25 · net · since FY2020
Filed standalone accounts · Pfiffner Instrument Transformers Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY23-24 · net · since FY2016
Filed standalone accounts · Extol Wind Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2024
Filed standalone accounts · Sanwaliya Windtech Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY16-17 · net −₹65.13 lakh · -99% since FY2014
Filed standalone accounts · Sun Carrier Omega Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.25 cr in FY23-24 · net ₹16.25 lakh · since FY2023
Filed standalone accounts · Atriwal Infra & Energy Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
6 energy companies in Madhya Pradesh work in energy efficiency. Shown: the best-documented.
Energy efficiencyDesigner and manufacturer of energy-efficient hybrid air handling units
Energy efficiencySolar and LED lighting products manufacturer
Energy efficiencyManufacturer of LED and solar lighting solutions. They produce a diverse selection of lighting products for residential, commercial, and industrial applications. Products include indoor and outdoor lighting fixtures, LED strips, and solar power systems. The company focuses on energy efficiency and sustainable practices in its manufacturing and product design. A commitment to quality and customer satisfaction is central to their operations.
Energy efficiencyProvider of emerging technologies and supplier of industrial products, AGMA techno solutions offers aerial surveying and geo mapping UAV drones as well as home theater solutions
Founders
Details not available
Energy efficiencyMaya Fan is an energy efficent FRP fan manufacturer company. We make fan for cooling tower, air cooled condenser, ACC fan, mining fans etc.
Founders
Details not available
Energy efficiencyManufacturer of cast metal poles, bollards, furniture, and lighting products
Founders
Details not available
in FY24-25 · net · since FY2018
Filed standalone accounts · Vaayu Home Appliances (India) Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Prudent Systems Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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