Company lists
Solar, wind & renewables, power equipment, oil & gas, bioenergy & storage and more: the companies building energy in Maharashtra, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 1,434 energy companies in Maharashtra, last 24 months: 346 Contracts · 103 M&A deals · 34 funding rounds · 6 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
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…
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…
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…
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…
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.
Waaree Renewable Technologies on Thursday said it has inked pacts for the acquisition of a 55 per cent stake in Associated Power Structures Pvt Ltd for ₹1,225 crore.
Indian group Bajel Projects Limited, a leading player in the business of power infrastructure, has announced that it has secured two international orders from the Middle East and North…
Waaree Energies has announced plans to enter the semiconductor segment as part of a broader restructuring exercise, alongside the approval of a fundraising programme of up to ₹100…
Waaree Power Private Limited, a wholly owned subsidiary, will acquire 100% shareholding of Waaree Semicon Private Limited from Waaree Sustainable Finance Private Limited
Creative agency Curativity Brand Solutions has been appointed as the creative agency partner for Gulf Oil Lubricants India Ltd (GOLIL).
Premier Energies acquired a 51% stake in transformer manufacturer Transcon and inverter producer KSolare Energy. Premier invested INR5 billion (US$56.96 million) in Transcon and INR1.7…
Alpex Solar has received an order worth about Rs. 40.92 crore, excluding GST, from Maharashtra State Electricity Distribution Co. Ltd.
National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s…
Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.
The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…
Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…
Thermax acquired ExactSpace, a specialist in AI-driven industrial IoT solutions.
Additionally, Marine Electricals has secured an order from Udupi Cochin Shipyard Limited for the supply of a diesel generator.
Once again, this company has got a contract of cable supply worth Rs 45.47 crore from Adani Electricity Mumbai Limited.
Castrol India today launched its BS VI-compliant range of lubricants across categories.
The company recently secured a contract from Tata Power for the 1000MW Bhivpuri pumped storage project in India, a flagship scheme aimed at supporting large-scale renewable integration.
Thermax has completed the acquisition of additional 35.83% (on a fully diluted basis) stake in Exactspace Technologies (Exactspace). With this, Company's shareholding has increased to…
Tata Power has announced the enterprise-wide adoption of the Databricks platform to enhance its data and AI transformation across all business clusters, focusing on operational…
Confidence Petroleum India Limited has successfully completed the acquisition of BW Confidence Enterprise Private Limited, converting it into a wholly owned subsidiary through a…
Marine Electricals (India) has secured orders worth Rs 1.15 billion from Larsen and Toubro for work related to a semiconductor manufacturing facility in Dholera.
Vikran Engineering has received two major Letters of Award (LoA) aggregating to ₹530.80 crore (excluding GST) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL)... The…
Browse energy companies in Maharashtra 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 537 energy companies in Maharashtra 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 electricity distribution
Electricity transmission & distribution project developer₹127,996.58 cr in FY24-25 · net ₹922.21 cr · +96% since FY2018
Filed standalone accounts · Maharashtra State Electricity Distribution Company Limited
Google Cloud
React
Angular
Node.js
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Manufacturing of PV modules and solar cells
Solar energy₹23,777.64 cr in FY24-25 · net ₹3,132.68 cr · +189% since FY2018
Filed standalone accounts · The Tata Power Company Limited
AWS
PHP
MySQL
WordPress
Amazon S3Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of electricity generation, transmission, and distribution services
Utilities₹463.83 cr in FY24-25 · net ₹88.05 cr · +94% since FY2018
Filed standalone accounts · Tata Power Trading Company Limited (matched by legal name)Focus: Smart grid infrastructure, EV charging systems, and photovoltaic power management solutions.
CPC H02S50/10, H02S20/30, G06F13/4045AWSAmazon S3
Bootstrap
jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Chains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstreamAngular
TypeScriptPHP
Cloudflare
SalesforceEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Operating a fleet of thermal, hydroelectric, and gas-based power plants, with a total installed capacity
Energy regulatory & industry bodies₹38,333.58 cr in FY24-25 · net ₹359.98 cr · +80% since FY2018
Filed standalone accounts · Maharashtra State Power Generation Company LimitedReact
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of solar PV modules
Solar energy₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies Limited
Google CloudReact
Next.js
Vue.jsNode.jsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Wind turbine manufacturer
Wind energy₹10,300.03 cr in FY24-25 · net ₹2,104.72 cr · +62% since FY2018
Filed standalone accounts · Suzlon Energy LimitedUS$45.84m across 2 disclosed equity rounds
Darker bars = larger rounds
ReactPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Developer of large-scale renewable energy projects
Solar energy₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsAWSAmazon S3BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Private distributor of electricity
Non- renewable power generation
jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of logistics and supply chain services for the oil and gas industries
Oil & gas midstream₹3,237.55 cr in FY24-25 · net ₹529.00 cr · +117% since FY2022
Filed standalone accounts · Aegis Logistics LimitedPHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Fuel & gas distribution company
Oil & gas downstream₹7,774.00 cr in FY24-25 · net ₹1,044.89 cr · +210% since FY2018
Filed standalone accounts · Mahanagar Gas LimitedAWSAngularNode.jsExpressTypeScriptEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of operation and maintenance services for power plants
Electricity transmission & distribution project developer₹6,567.97 cr in FY24-25 · net ₹717.48 cr · +41% since FY2018
Filed standalone accounts · Jamnagar Utilities & Power Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Developer of electricity transmission based utility projects
Electricity transmission & distribution project developer
AWSBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of marine transportation freight forwarding services
Oil & gas midstream₹4,713.29 cr in FY24-25 · net ₹2,166.25 cr · +115% since FY2018
Filed standalone accounts · The Great Eastern Shipping Company LimitedPHPNginxCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of electrical equipment
Energy efficiencyEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Supplier of electricity
Utilities₹7,210.06 cr in FY23-24 · net ₹1,776.46 cr · +126% since FY2017
Filed standalone accounts · Maharashtra State Electricity Transmission Company LimitedReactBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of solar photovoltaic panels
Solar energy₹5,341.39 cr in FY24-25 · net ₹421.53 cr · +2193% since FY2024
Filed standalone accounts · Tp Solar LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Gas regasification unit developer and operator
Oil & gas midstream₹169.93 cr in FY24-25 · net ₹9.05 cr · -61% since FY2018
Filed standalone accounts · Swan Corp LimitedPHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturers of high power electric cables
Electricity transmission & distribution equipment₹5,047.24 cr in FY24-25 · net ₹315.55 cr · +109% since FY2018
Filed standalone accounts · Sterlite Electric Limited
AWSReactCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Developer of electricity transmission based utility projects
Real estate & infrastructure developers₹4,130.00 cr in FY23-24 · net ₹233.20 cr · +201% since FY2017
Filed consolidated accounts · Transrail Lighting LimitedUS$19.85m across 3 disclosed equity rounds
Darker bars = larger rounds
PHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of multiple electrical equipment
Electricity transmission & distribution equipment₹3,704.74 cr in FY21-22 · net ₹74.45 cr · +65% since FY2015
Filed standalone accounts · Gupta Power Infrastructure 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 white oils
Flavors and fragrances₹3,175.11 cr in FY24-25 · net ₹75.29 cr · +33% since FY2018
Filed standalone accounts · Gandhar Oil Refinery (India) LimitedPHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufactures lubricants, polymer products and oils
Oil & gas downstream₹3,868.86 cr in FY24-25 · net ₹123.77 cr · +111% since FY2018
Filed standalone accounts · Savita Oil Technologies LimitedAWSPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of pipeline infrastructure services to oil and gas industries
Oilfield services₹3,735.20 cr in FY24-25 · net −₹799.79 cr · +250% since FY2019
Filed standalone accounts · Pipeline Infrastructure LimitedPHPMySQLWordPressBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Fuel distribution company
Oil & gas downstream₹3,603.70 cr in FY24-25 · net ₹652.53 cr · +442% since FY2018
Filed standalone accounts · Maharashtra Natural Gas LimitedNginxCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of bioethanol and waste water treatment services
Bioenergyin FY24-25 · net · since FY2018
Filed standalone accounts · Praj Industries LimitedFocus: Biotechnological conversion of lignocellulosic biomass into fuels, proteins, and specialty biochemicals
CPC C12P7/10, A61K9/19, B01D3/148PHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Integrated manufacturer of products for renewable energy and transmission lines sectors
Electricity transmission & distribution equipmentin FY24-25 · net · since FY2018
Filed standalone accounts · Karamtara Engineering LimitedPHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of oil & gas refining services
Oil & gas midstreamin FY24-25 · net · since FY2018
Filed standalone accounts · India Gas Solutions 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 bottled LPG gas cylinders
Oil & gas downstreamCloudflareSalesforceBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer generator for wind energy
Wind energyin FY24-25 · net · since FY2018
Filed standalone accounts · Powerica LimitedCloudflarejQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of power transmission and distribution solutions
Electricity transmission & distribution project developerin FY24-25 · net · since FY2024
Filed standalone accounts · Bajel Projects LimitedAWSAmazon S3BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer and exporters of petroleum products
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Panama Petrochem LimitedPHPCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer and transporter of Bitumen and LPG
Manufacturing servicesin FY24-25 · net · since FY2018
Filed standalone accounts · Agarwal Industrial Corporation LimitedPHPMySQLCloudflareWordPressBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of boilers and energy solutions offering customized solutions for power generation, process industries, and oil and gas sectors.
Bioenergyin FY24-25 · net · since FY2018
Filed standalone accounts · Thermax Babcock & Wilcox Energy Solutions LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturing and supply of steel line pipes
Oil & gas midstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Man Industries (India) LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Developer of energy storage systems
Solar energyin FY24-25 · net · since FY2018
Filed standalone accounts · Sterling And Wilson Renewable Energy LimitedFocus: Air purification technologies for HVAC air handling units
CPC A61L9/205BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of lubricating oils and greases
Oil & gas downstreamin FY24-25 · net · since FY2018
Filed standalone accounts · Standard Greases And Specialities Private Limited
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of switches, home automation systems, lighting, and electrical products
Energy efficiencyin FY24-25 · net · since FY2014
Filed standalone accounts · Gm Modular Private Limited
AWSReactPHP
LaravelCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Coal fired thermal power generation company
Non- renewable power generationEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of industrial gases, technologies, and application expertise
Bioenergyin FY24-25 · net · since FY2017
Filed standalone accounts · Prodair Air Products India Private LimitedAWSEach 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 FY24-25 · net · since FY2018
Filed consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger rounds
AWSCloudflare
WebflowAmazon S3jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of solar glass
Solar energyin FY24-25 · net · since FY2019
Filed standalone accounts · Borosil Renewables LimitedFocus: Advanced anti‑reflection and opacity coatings for photovoltaic glass
CPC C03C17/34, C03C3/097, C03C17/23CloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Diversified electronics brand offering multi-category consumer electronics products
Diversified consumer electronics brandsin FY21-22 · net · since FY2015
Filed standalone accounts · Syska Led Lights Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of PTFE insulated electrical cables and wires
Oilfield servicesin FY24-25 · net · since FY2018
Filed standalone accounts · Greatship (India ) LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of steel gas cylinders
Oil & gas equipmentin FY24-25 · net · since FY2018
Filed standalone accounts · Everest Kanto Cylinder Limited
ReactPHPMySQLWordPressBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of lighting products
Household durablesin FY24-25 · net · since FY2014
Filed standalone accounts · Great White Global Private LimitedPHPLaravelNginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of energy conservation and automation solutions
Energy efficiencyin FY24-25 · net · since FY2018
Filed consolidated accounts · Forbes Marshall Private LimitedFocus: Industrial steam handling and fluid processing systems, including traps, flow control, and gas analysis.
CPC F28B9/08, F16T1/24, G01N21/39AWSAngularTypeScriptPHPMySQLEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Supplier of electricity
Electricity transmission & distribution project developerUS$25.11m across 3 disclosed equity rounds
Darker bars = larger rounds
NginxjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of wind energy infrastructure and investment services
Electricity transmission & distribution project developerin FY24-25 · net · since FY2018
Filed standalone accounts · Bf Utilities LimitedCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturers of LED based lighting products
Energy efficiencyEach 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 50. Radar has the complete, filterable list with contacts and live company signals.
Open energy in Maharashtra on RadarDiscover the top energy companies in Maharashtra, from solar and wind energy firms to oil and gas businesses. Browse energy startups in Maharashtra and companies that are hiring.
Solar module makers, developers and installers.
Manufacturing of PV modules and solar cells
Solar energyManufacturer of solar PV modules
Solar energyProvider of solar photovoltaic panels
Solar energyDeveloper of solar energy projects
Solar energyManufacturer of solar glass
Solar energyWind turbine, hydro, geothermal and renewable energy developers.
Engineering, procurement, installation, and construction services provider
Non- renewable power generationWind turbine manufacturer
Wind energyDeveloper of large-scale renewable energy projects
Solar energyManufacturer generator for wind energy
Wind energy
Renewable energy power based IPP
Wind energyManufacturers and developers of electricity transmission, distribution and energy-efficient equipment.
Provider of electricity generation, transmission, and distribution services
UtilitiesProvider of operation and maintenance services for power plants
Electricity transmission & distribution project developerDeveloper of electricity transmission based utility projects
Electricity transmission & distribution project developerManufacturer of electrical equipment
Energy efficiencySupplier of electricity
UtilitiesOil and gas equipment makers, oilfield service providers and fuel distributors.
Provider of logistics and supply chain services for the oil and gas industries
Oil & gas midstreamFuel & gas distribution company
Oil & gas downstreamGas regasification unit developer and operator
Oil & gas midstreamManufacturer of white oils
Flavors and fragrancesManufactures lubricants, polymer products and oils
Oil & gas downstreamBiofuel, biogas and battery energy storage businesses.
Chains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstreamProvider of bioethanol and waste water treatment services
BioenergyDeveloper of energy storage systems
Solar energy
Manufacturer and supplier of sugar based industry
Food processing
Manufacturer of liquid glucose and biopolymers
BioenergyPublicly listed energy companies based in Maharashtra.
Provider of electricity generation, transmission, and distribution services
UtilitiesManufacturer of solar PV modules
Solar energyWind turbine manufacturer
Wind energyProvider of logistics and supply chain services for the oil and gas industries
Oil & gas midstreamFuel & gas distribution company
Oil & gas downstreamRecently founded energy startups in Maharashtra.
Provider of power transmission and distribution solutions
Electricity transmission & distribution project developer
Manufacturer of solar powered products
Solar energy
Provider of biofuel solutions, including trading, consulting, and manufacturing
Bioenergy
Provider of ethanol and other clean energy fuel services
Oil & gas downstream
Provider of services in water and electricity infrastructure management
Electricity transmission & distribution project developerEnergy companies in Maharashtra with open roles right now.
Provider of electricity generation, transmission, and distribution services
UtilitiesChains providing fuel, electric vehicle charging, and convenience store services
Oil & gas downstreamManufacturer of solar PV modules
Solar energyWind turbine manufacturer
Wind energyDeveloper of electricity transmission based utility projects
Electricity transmission & distribution project developerThe most-installed Android apps published by energy companies headquartered in Maharashtra — 17.2M installs between them. 43 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U40109MH2005SGC153645
CIN U40100MH2003PLC143770filed accounts
CIN U74999GJ2008PLC107256
CIN L40200MH1995PLC088133
CIN U31900MH1999PTC120544
CIN L29248MH1990PLC059463
CIN U11100MH1995PLC093993filed accounts
CIN U50100MH2015PLC327401
Revenue, profit and growth from the filed annual accounts of 485 energy companies in Maharashtra for FY24-25 — 576 of the 1,230 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 59% of the revenue, so medians describe the typical company better than totals.
485 companies filing accounts
5.4% aggregate margin
388 of 485 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.
475 companies with accounts for both years; median growth +16%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| GattuwalaYULONG GATTUWALA ENERGY SOLUTIONS PRIVATE LIMITED | ₹28.20 cr | |
| SolencoSOLENCO INFRA PRIVATE LIMITED | ₹51.49 cr | |
| PV LumensPV LUMENS INDIA PRIVATE LIMITED | +815% | ₹609.00 cr |
| Ecodhara MagnatekECODHARA MAGNATEK PRIVATE LIMITED | +640% | ₹20.71 cr |
| GasonetGASONET SERVICES (RJ) LIMITED | +490% | |
| Soyo SystemsSOYO ENERGIES PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| AMJ LandAMJ LAND HOLDINGS LIMITED | 74.7% | |
| KirloskarKIRLOSKAR INDUSTRIES LIMITED | 65.0% | ₹120.57 cr |
| SolencoSOLENCO INFRA PRIVATE LIMITED | 51.8% | ₹51.49 cr |
| Great Eastern ShipThe Great Eastern Shipping Company Limited | 46.0% | ₹4,713.29 cr |
| Riddhi Siddhi Gluco BiolsRIDDHI SIDDHI GLUCO BIOLS LIMITED | 44.4% | |
| Sun PetrochemicalsSUN PETROCHEMICALS PRIVATE LIMITED | 43.3% | ₹2,008.13 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Electricity transmission & distribution project developer | 20 | ₹138,785.81 cr | ~₹84.2 cr | 95% | 1.3% |
| Solar energy | 173 | ₹79,398.24 cr | ~₹10.1 cr | 83% | 9.3% |
| Oil & gas downstream | 15 | ₹19,825.23 cr | ~₹107.7 cr | 73% | 10.5% |
| Oil & gas midstream | 9 | ₹18,611.46 cr | ~₹2,008.1 cr | 100% | 21.9% |
| Electricity transmission & distribution equipment | 66 | ₹14,933.29 cr | ~₹19.7 cr | 88% | 5.4% |
| Wind energy | 15 | ₹13,449.07 cr | ~₹14.8 cr | 73% | 16.8% |
| Bioenergy | 32 | ₹8,318.41 cr | ~₹13.6 cr | 53% | 7.9% |
| Oilfield services | 17 | ₹7,188.81 cr | ~₹109.7 cr | 76% | -6.2% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Maharashtra State Electricity DistributionMAHARASHTRA STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED | ₹127,996.58 cr | ₹922.21 cr | 0.7% | +10% |
| MahaGencoMAHARASHTRA STATE POWER GENERATION COMPANY LIMITED | ₹38,333.58 cr | ₹359.98 cr | 0.9% | +16% |
| Tata Power SolarTHE TATA POWER COMPANY LIMITED | ₹23,777.64 cr | ₹3,132.68 cr | 13.2% | +7% |
| Waaree EnergiesWAAREE ENERGIES LIMITED | ₹13,218.46 cr | ₹1,781.17 cr | 13.5% | +21% |
| Tata Power Renewable EnergyTATA POWER RENEWABLE ENERGY LIMITED | ₹12,137.06 cr | ₹464.96 cr | 3.8% | -15% |
| SuzlonSUZLON ENERGY LIMITED | ₹10,300.03 cr | ₹2,104.72 cr | 20.4% | +74% |
| Mahanagar GasMAHANAGAR GAS LIMITED | ₹7,774.00 cr | ₹1,044.89 cr | 13.4% | +10% |
| Jamnagar Utilities & PowerJAMNAGAR UTILITIES & POWER PRIVATE LIMITED | ₹6,567.97 cr | ₹717.48 cr | 10.9% | -3% |
| ThermaxTHERMAX LIMITED. | 8.9% | |||
| Sterling and WilsonSTERLING AND WILSON RENEWABLE ENERGY LIMITED |
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 Maharashtra 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 Maharashtra compares. Debt, IPO and grant rounds are excluded.
US$796.81m
US$1.47bn
219 rounds in India
last 24 months
Bars show US$ 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, 1,434 energy companies in Maharashtra 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 India39 energy companies in Maharashtra have recorded equity funding, US$2.50bn in total. Totals and round dates describe the historical record; they are not current valuations.
Largest recorded equity totals, with the latest recorded round.
Solar energyDeveloper of large-scale renewable energy projects
Solar energyLeading industry player in clean energy solutions with a decade of experience in executing large-scale and complex renewable energy projects
Solar energyDeveloper of solar energy projects
Solar energyManufacturer of solar PV modules
Solar energyProvides Off-the-Grid Solar Energy Solutions
Solar energyProvider of open access and behind-the-meter solar energy solutions
Electricity transmission & distribution equipmentManufacturers of high power electric cables
Solar energyProvider of independent power generation services
Solar energyProvides solar plant installations, providing engineering, procurement, and construction services
Diversified consumer electronics brandsDiversified electronics brand offering multi-category consumer electronics products
Founders
Details not available
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Wind energyWind turbine manufacturer
Oil & gas upstreamIntegrated oil and gas company focused on exploration, production, and EPC
Wind energyDeveloper of solar and wind energy projects
BioenergyProvider of biomass aggregation and supply chain management services
Manufacturing servicesProvider of engineered package systems and turnkey project solutions
₹12,137.06 cr in FY24-25 · net ₹464.96 cr · +1740% since FY2018
Filed standalone accounts · Tata Power Renewable Energy LimitedUS$766.16m across 2 disclosed equity rounds
Darker bars = larger roundsAWSAmazon S3BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹83.12 cr · +708324% since FY2018
Filed standalone accounts · Aditya Birla Renewables Limited
CloudflareBootstrapjQueryEach 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 consolidated accounts · Clean Max Enviro Energy Solutions LimitedUS$266.93m across 26 disclosed equity rounds
Darker bars = larger roundsAWSCloudflareWebflowAmazon S3jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies LimitedGoogle CloudReactNext.jsVue.jsNode.jsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹17.26 lakh in FY18-19 · net ₹0.35 lakh · +2491% since FY2014
Filed standalone accounts · Capturesolar Energy Limited
PHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹392.11 cr in FY24-25 · net · +21203% since FY2020
Filed standalone accounts · Radiance Renewables Private Limited
PHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,047.24 cr in FY24-25 · net ₹315.55 cr · +109% since FY2018
Filed standalone accounts · Sterlite Electric LimitedAWSReactCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹36.08 cr in FY24-25 · net · -12% since FY2018
Filed standalone accounts · Nupower Renewables Private LimitedUS$82.71m across 3 disclosed equity rounds
Darker bars = larger rounds
PHPMySQLCloudflareWordPressjQueryEach 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 · Roofsol Energy Private LimitedUS$63.77m across 5 disclosed equity rounds
Darker bars = larger rounds
NginxCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY21-22 · net · since FY2015
Filed standalone accounts · Syska Led Lights 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 −₹36.87 cr · since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger rounds
AWSReactNext.jsNode.jsExpressEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹10,300.03 cr in FY24-25 · net ₹2,104.72 cr · +62% since FY2018
Filed standalone accounts · Suzlon Energy LimitedUS$45.84m across 2 disclosed equity rounds
Darker bars = larger roundsReactPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹136.95 cr in FY24-25 · net · +2019% since FY2018
Filed standalone accounts · Oilmax Energy Private LimitedUS$38.33m across 4 disclosed equity rounds
Darker bars = larger rounds
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹69.77 cr in FY24-25 · net ₹2.06 cr · +380% since FY2018
Filed standalone accounts · Alfa Infraprop Private LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹86.00 cr in FY24-25 · net −₹16.80 cr · +1207% since FY2017
Filed standalone accounts · Punjab Renewable Energy Systems Private LimitedUS$28.67m across 6 disclosed equity rounds
Darker bars = larger rounds
PHPLaravelMySQLNginxCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹221.88 cr in FY24-25 · net · since FY2017
Filed standalone accounts · Core Energy Systems LimitedUS$28.43m across 4 disclosed equity rounds
Darker bars = larger rounds
BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Meet the people behind energy companies in Maharashtra. 379 of 1,230 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 Maharashtra 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.
Real estate & infrastructure developersProvider of infrastructure development services and develops solar power & lithium-ion batteries
Founders
Details not available
Oilfield servicesProvider of ultra-high purity gas and liquid delivery systems services
Founders
Details not available
Solar energyProvider of solar installation services
Solar energyProvider of solar photovoltaic panels
Founders
Details not available
Solar energyProvider of solar energy solutions, including finance and plant design
BioenergyDeveloper of sustainable biofuels and organic products
Solar energyDeveloper of renewable energy power projects
Founders
Details not available
BioenergyManufacturer of biomass briquette systems
BioenergyProvider of biofuel solutions, including trading, consulting, and manufacturing
Founders
Details not available
Energy efficiencyManufacturer of LED lighting and test & measurement segment
Founders
Details not available
BioenergyCompany specializing in sustainable energy solutions
Oil & gas downstreamProvider of piped natural gas solutions for domestic and industrial use
₹41.84 cr in FY23-24 · net −₹6.48 cr · +7783% since FY2019
Filed standalone accounts · Innovinc Aspire Infratech Solutions Private LimitedjQueryEach 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.
React
SentryBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹5,341.39 cr in FY24-25 · net ₹421.53 cr · +2193% since FY2024
Filed standalone accounts · Tp Solar 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 FY22-23 · net ₹20.78 lakh · +836% since FY2016
Filed standalone accounts · Meera Cleanfuels LimitedCloudflare
ShopifyjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹51.49 cr in FY24-25 · net ₹26.68 cr · since FY2020
Filed standalone accounts · Solenco Infra Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹28.20 cr in FY24-25 · net ₹1.45 cr · since FY2024
Filed standalone accounts · Yulong Gattuwala Energy Solutions Private LimitedPHPMySQLWordPressjQueryEach 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.
₹609.00 cr in FY24-25 · net ₹7.58 cr · +815% since FY2024
Filed standalone accounts · Pv Lumens India Private LimitedCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹20.71 cr in FY24-25 · net · +640% since FY2024
Filed standalone accounts · Ecodhara Magnatek 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 −₹6.70 cr · +490% since FY2024
Filed standalone accounts · Gasonet Services (Rj) LimitedBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Oil & gas midstreamProvider of marine transportation freight forwarding services
Founders
Details not available
Oil & gas upstreamBharat Petroleum is among the leading oil and gas companies in India. They aim to provide only the purest oil in India by virtue of using its own highly developed refineries.
Founders
Details not available
Electricity transmission & distribution equipmentPressfit is one of India's Leading Manufacturer of Electrical Conduit Pipes, Switches, Wires, Cable Ties, and Essential Accessories
Founders
Details not available
Electricity transmission & distribution project developerSupplier of electricity
Founders
Details not available
Solar energyManufacturer of solar glass
Solar energyDeveloper of solar and wind energy projects
Founders
Details not available
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Electricity transmission & distribution project developerAqua Chill is an energy contracting company that provides bespoke products and maintenance services in HVAC for various sectors.
Founders
Details not available
Solar energyManufacturer of solar powered products
Solar energyManufacturer of power electronics
Energy efficiencyPromotes clean lighting in rural areas
Solar energyDeveloper of solar energy projects
Founders
Details not available
₹4,713.29 cr in FY24-25 · net ₹2,166.25 cr · +115% since FY2018
Filed standalone accounts · The Great Eastern Shipping Company LimitedPHPNginxCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Focus: Patents concentrated in chemistry & materials
CPC C10L3/12, C07C7/005, C01B39/54jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
AWSPHPMySQLCloudflareWordPressEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$25.11m across 3 disclosed equity rounds
Darker bars = larger roundsNginxjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Borosil Renewables LimitedFocus: Advanced anti‑reflection and opacity coatings for photovoltaic glass
CPC C03C17/34, C03C3/097, C03C17/23CloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹15.26 cr in FY24-25 · net ₹2.11 cr · +3% since FY2024
Filed standalone accounts · Green World Renewable Energy Limited (matched by legal name)PHPMySQLCloudflareWordPressBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹36.87 cr · since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger roundsAWSReactNext.jsNode.jsExpressEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
PHPMySQLNginxWordPressBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹177.16 cr in FY22-23 · net ₹2.18 cr · +9% since FY2022
Filed standalone accounts · Mahindra Solarize Private LimitedCloudflarejQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹57.87 cr in FY24-25 · net ₹2.96 cr · +233% since FY2018
Filed standalone accounts · Sma Solar India Private LimitedPHPSalesforceEach 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.
₹2.51 cr in FY24-25 · net ₹9.20 lakh · -79% since FY2018
Filed standalone accounts · Sgurrenergy India Private LimitedAWSReactPHPMySQLEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Energy companies in Maharashtra with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Solar energyProvider of solar installation services
Wind energyWind turbine manufacturer
Oil & gas upstreamIntegrated oil and gas company focused on exploration, production, and EPC
Solar energySolar project financing and development
Energy storagePlatform offering a one-stop digital marketplace for defence, space, and aerospace sectors
BioenergyProvider of eco friendly energy solutions including solar panel installation projects and natural base oil products
BioenergyDeveloper of sustainable biofuels and organic products
Solar energyManufacturer and service provider in the solar energy sector
Energy storage techProvider of electric vehicle charging station solutions
Hydro powerMaini renewables offers hydro solution that harnesses the power of natural water flow
Services for energy storageProvider of electric vehicle charger services
in FY24-25 · net −₹36.87 cr · since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger roundsAWSReactNext.jsNode.jsExpressEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
ReactSentryBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹10,300.03 cr in FY24-25 · net ₹2,104.72 cr · +62% since FY2018
Filed standalone accounts · Suzlon Energy LimitedUS$45.84m across 2 disclosed equity rounds
Darker bars = larger roundsReactPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹136.95 cr in FY24-25 · net · +2019% since FY2018
Filed standalone accounts · Oilmax Energy Private LimitedUS$38.33m across 4 disclosed equity rounds
Darker bars = larger roundsNginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹120.13 cr in FY24-25 · net ₹9.15 cr · +3705% since FY2018
Filed standalone accounts · Oorjan Cleantech Private LimitedUS$655k across 3 disclosed equity rounds
Darker bars = larger rounds
AngularNode.jsExpressTypeScriptCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹3.84 cr · +3139235% since FY2022
Filed standalone accounts · Defspace Technologies Private LimitedReactNext.jsNode.jsNginxCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹56.31 lakh · +16% since FY2020
Filed standalone accounts · Kshumat Energy Private LimitedUS$527k across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY22-23 · net ₹20.78 lakh · +836% since FY2016
Filed standalone accounts · Meera Cleanfuels LimitedCloudflareShopifyjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹7.96 lakh · +29% since FY2018
Filed standalone accounts · Mxpower Solar Private LimitedFocus: Patents concentrated in electrical & electronics
CPC H02S50/10, H10F19/804, H02S20/30Each 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.
₹2.89 lakh in FY24-25 · net · since FY2022
Filed standalone accounts · Maini Renewables Private LimitedFocus: Vertical-axis wind turbine technology using rotating airfoils and helical blades.
CPC F03D3/061Each 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.
Energy companies in Maharashtra founded in the last four years, newest first.
Solar energyProvider of solar panel installation, maintenance, and related energy solutions
Founders
Details not available
Solar energyManufacturer of solar panels and solar water pumps for various applications
Founders
Details not available
BioenergyTransforming agricultural waste into sustainable energy solutions for a greener future
Founders
Details not available
Oilfield servicesProvider of vessel operations, industrial construction, oil and gas equipment, fuel trading
Founders
Details not available
BioenergyManufacturer of biogas storage solution
Solar energyProvider of heating solutions through pragmatic solar thermal
Services for energy storageProvider of electric vehicle charger services
Services for energy storageElectric vehicle battery infrastructure company focused on establishing and managing sustainable energy solutions for the transportation sector
Solar energyProvider of customised rooftop solar solutions for residential and commercial properties
Solar energyManufacturer of solar PV modules and provider of energy solutions
Solar energyElysian Energy: Renewable Energy Solutions Provider | Best Solar Energy Company in Mumbai
Solar energyManufacturer of solar powered products
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.
Each 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.
Solar energyManufacturer of solar PV modules
Wind energyWind turbine manufacturer
UtilitiesProvider of electricity generation, transmission, and distribution services
Solar energyDeveloper of solar energy projects
Oil & gas downstreamCastrol India is engaged in manufacturing of lubricants such as car engine oils & motor cycle oils for industrial and automotive companies.
Founders
Details not available
Real estate & infrastructure developersDeveloper of electricity transmission based utility projects
Traditional conglomeratesDiversified conglomerates operates across multiple industries
Solar energyManufacturer of solar powered products
Founders
Details not available
Wind energyManufacturer generator for wind energy
Solar energyWater & waste management solution provider
Oil & gas midstreamManufacturing and supply of steel line pipes
BioenergyProvider of bioethanol and waste water treatment services
₹13,218.46 cr in FY24-25 · net ₹1,781.17 cr · +3847% since FY2014
Filed standalone accounts · Waaree Energies LimitedGoogle CloudReactNext.jsVue.jsNode.jsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹10,300.03 cr in FY24-25 · net ₹2,104.72 cr · +62% since FY2018
Filed standalone accounts · Suzlon Energy LimitedUS$45.84m across 2 disclosed equity rounds
Darker bars = larger roundsReactPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹463.83 cr in FY24-25 · net ₹88.05 cr · +94% since FY2018
Filed standalone accounts · Tata Power Trading Company Limited (matched by legal name)Focus: Smart grid infrastructure, EV charging systems, and photovoltaic power management solutions.
CPC H02S50/10, H02S20/30, G06F13/4045AWSAmazon S3BootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.51 lakh in FY24-25 · net −₹33.15 lakh · since FY2023
Filed standalone accounts · Reliance Green Energies Private LimitedBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Focus: Patents concentrated in transport & manufacturing processes
CPC B65D41/48, C10M169/04Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹4,130.00 cr in FY23-24 · net ₹233.20 cr · +201% since FY2017
Filed consolidated accounts · Transrail Lighting LimitedUS$19.85m across 3 disclosed equity rounds
Darker bars = larger roundsPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,869.21 cr in FY24-25 · net −₹2.67 cr · since FY2018
Filed standalone accounts · Godavari Biorefineries Limited
Focus: Bio-based chemical production (ethanol, 1,3‑butanediol) and anticancer pharmaceutical compounds
CPC C07D317/54, A61K31/7048, C07H15/04PHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Google CloudReactNext.jsNode.jsNginxEach 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 · Powerica LimitedCloudflarejQueryEach 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 · Thermax Limited.Focus: Automotive hybrid HVAC systems integrating metal‑hydride heat pumps and exhaust‑gas control
CPC F25B17/12, F25B15/008, F25B25/02AWSReactPHPNginxEach 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 · Man Industries (India) LimitedPHPMySQLWordPressjQueryEach 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 · Praj Industries LimitedFocus: Biotechnological conversion of lignocellulosic biomass into fuels, proteins, and specialty biochemicals
CPC C12P7/10, A61K9/19, B01D3/148PHPMySQLWordPressjQueryEach 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 Maharashtra. Open a company to see what it sells, who runs it and how far it has come.
408 energy companies in Maharashtra work in solar energy. Shown: the best-documented.
Solar energyChains providing rooftop solar energy systems for residential and commercial properties
Solar energyProvider of solar planning and designing services
Solar energyProvides solar plant installations, providing engineering, procurement, and construction services
Investment techPlatform for mapping renewable energy generation assets
Solar energySolar PV asset management and O&M service provider
Solar energyMulti-scale solar and wind project developer
Solar energyProvider of installation, regulation, maintenance, financing services for renewable energy
Solar energyRooftop solar photovoltaic system installer
Solar energyProvider of solar installation services
Solar energyManufacturer of solar powered products
Wind energyRenewable energy platform offering tailored solutions for a greener tomorrow
Solar energySolar PV Panel manufacturers
in FY24-25 · net −₹36.87 cr · since FY2018
Filed standalone accounts · Solarsquare Energy Private LimitedUS$61.11m across 4 disclosed equity rounds
Darker bars = larger roundsAWSReactNext.jsNode.jsExpressEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +150% since FY2024
Filed consolidated accounts · Kalpa Power Private LimitedUS$1.54m across 2 disclosed equity rounds
Darker bars = larger roundsPHPMySQLCloudflareWordPressjQueryEach 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 · Roofsol Energy Private LimitedUS$63.77m across 5 disclosed equity rounds
Darker bars = larger roundsNginxCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +705% since FY2018
Filed standalone accounts · Artha India Holdings Private LimitedUS$11.47m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12.44 cr in FY24-25 · net · +297% since FY2018
Filed standalone accounts · Inspire Clean Energy Private Limited (matched by legal name)PHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
PHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹12.70 cr in FY24-25 · net ₹42.32 lakh · +609% since FY2018
Filed standalone accounts · Periurja Energy Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹26.90 cr in FY24-25 · net ₹1.13 cr · +186% since FY2018
Filed standalone accounts · Windsun Renewables Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
ReactSentryBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9.60 lakh in FY24-25 · net −₹1.27 cr · -87% since FY2018
Filed standalone accounts · Ellume Solar Private LimitedVue.js
FirebasejQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹52.13 lakh in FY24-25 · net −₹8.03 lakh · +1853% since FY2023
Filed standalone accounts · Energybae Private LimitedReactNext.jsNode.js
Vercel
Tailwind CSSEach 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.
194 energy companies in Maharashtra work in electricity transmission & distribution equipment. Shown: the best-documented.
Industrial automation equipmentManufacturer of multiple electrical equipment
Electricity transmission & distribution equipmentManufacturer of DC systems, LV switchgear, control panels, and power solutions
Non- renewable power generationProvider of diesel generator rental services and power solutions for various industries
Electricity transmission & distribution equipmentManufacturer of switchboards
Electricity transmission & distribution equipmentManufacturer of tested indigenous solar panels
Electricity transmission & distribution equipmentManufacturers of high power electric cables
Electricity transmission & distribution equipmentManufacturer of electricity transmission and distribution equipments
Electricity transmission & distribution equipmentIntegrated manufacturer of products for renewable energy and transmission lines sectors
Energy efficiencyManufacturer of switches, home automation systems, lighting, and electrical products
Electricity transmission & distribution equipmentManufacturer of electrical measuring instruments, and power systems equipment
Electricity transmission & distribution equipmentManufacturer of electromechanical and electronic components. This entity produces a diverse portfolio of products, including switches, power supplies, connectors, and wiring harnesses. These components serve various sectors, such as industrial automation, renewable energy, and consumer electronics. The company's manufacturing processes adhere to stringent quality and safety standards, supported by accredited testing facilities. Its product offerings are designed for reliability and integration into diverse applications.
Electricity transmission & distribution equipmentProvider of transmission line equipment and fabrication materials
Founders
Details not available
₹314.20 cr in FY24-25 · net ₹8.66 cr · +156% since FY2018
Filed standalone accounts · Selec Controls Private LimitedAWSPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹48.43 cr in FY24-25 · net · +122% since FY2018
Filed standalone accounts · Mass-Tech Controls Private LimitedBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹118.79 cr in FY24-25 · net ₹6.85 cr · since FY2018
Filed standalone accounts · Perennial Technologies Private LimitedPHPMySQLNginxCloudflare
HubSpotEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹2.00 lakh · +69% since FY2020
Filed standalone accounts · Pro Omega Engineers India 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.
₹5,047.24 cr in FY24-25 · net ₹315.55 cr · +109% since FY2018
Filed standalone accounts · Sterlite Electric LimitedAWSReactCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹714.58 cr in FY24-25 · net ₹44.66 cr · +586% since FY2020
Filed standalone accounts · Listenlights Private LimitedPHPMySQLCloudflareSalesforceWordPressEach 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 · Karamtara Engineering LimitedPHPMySQLCloudflareWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2014
Filed standalone accounts · Gm Modular Private LimitedAWSReactPHPLaravelCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹67.56 cr in FY24-25 · net ₹2.54 cr · -7% since FY2018
Filed standalone accounts · Automatic Electric LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹12.65 cr · since FY2018
Filed standalone accounts · Elcom International Private LimitedReactNext.jsNode.jsTypeScript
GraphQLEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹186.43 cr in FY24-25 · net ₹7.17 cr · -11% since FY2018
Filed standalone accounts · Bharat Electrical Contractors And Manufacturers Private LimitedPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
91 energy companies in Maharashtra work in energy efficiency. Shown: the best-documented.
Energy efficiencyManufacturer of LED lighting technology
Energy efficiencyProvider of local news, weather, and traffic information
Energy efficiencyManufacturer of LED-based lighting systems
Iot servicesDeveloper of solar energy projects
Solar energyProvider of heating solutions through pragmatic solar thermal
Energy efficiencyProvider of power sector planning and forecasting tools. It offers products for short-term expansion planning, transmission cost and loss analysis, short-term and long-term forecasting, portfolio optimization, and power exchange bid matching. These tools are offered as standalone products, and services are also provided related to their use and implementation. The company's expertise stems from over a decade of research and development in the power sector.
Energy efficiencyManufacturer of energy-efficient LED lighting and power compensation products. It develops and markets products designed to reduce energy consumption across various industrial sectors. The company's offerings include LED lighting solutions for both indoor and outdoor applications, as well as reactive power compensation products such as capacitors and HV capacitors. They also undertake turnkey projects. A focus on reliable, efficient, and cost-effective energy-saving solutions is central to their operations. The development process incorporates market research and analysis to ensure product com
Diversified consumer electronics brandsDiversified electronics brand offering multi-category consumer electronics products
Founders
Details not available
Energy efficiencyProvider of energy conservation and automation solutions
Energy efficiencyManufacturer of switches, home automation systems, lighting, and electrical products
Manufacturing servicesManufacturer of industrial and medical gases, gas handling equipment, and analytical instruments. This includes calibration gases, specialty pure gases, gas mixtures for various applications, and related equipment such as regulators, flow meters, and sampling systems. They also offer custom gas chromatographs, gas analyzers, and post-harvest technologies like controlled atmosphere systems for fruit ripening. The company provides custom fabrication of pilot plants, further demonstrating its expertise in gas handling and analytical solutions.
Founders
Details not available
Household durablesManufacturer of lighting products
₹162.41 cr in FY24-25 · net · +77% since FY2018
Filed standalone accounts · Focus Lighting And Fixtures LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹18.02 cr in FY24-25 · net ₹56.64 lakh · +107% since FY2018
Filed standalone accounts · Lance Energy Solutions Private LimitedPHPMySQLCloudflareWordPressBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹98.51 lakh in FY24-25 · net ₹7.31 lakh · -4% since FY2018
Filed standalone accounts · Thriam Lites Private LimitedPHPNginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.30 lakh in FY21-22 · net −₹3.23 lakh · +233% since FY2021
Filed standalone accounts · Greengrid Renewables 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.
₹1.39 cr in FY24-25 · net ₹13.62 lakh · +299% since FY2018
Filed standalone accounts · Power Anser Labs Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹34.75 lakh in FY21-22 · net −₹19.14 lakh · -93% since FY2015
Filed standalone accounts · Heliac Energy Private LimitedPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY21-22 · net · since FY2015
Filed standalone accounts · Syska Led Lights 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 consolidated accounts · Forbes Marshall Private LimitedFocus: Industrial steam handling and fluid processing systems, including traps, flow control, and gas analysis.
CPC F28B9/08, F16T1/24, G01N21/39AWSAngularTypeScriptPHPMySQLEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2014
Filed standalone accounts · Gm Modular Private LimitedAWSReactPHPLaravelCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹2.77 cr · +187% since FY2018
Filed standalone accounts · Chemtron Science Laboratories Private LimitedjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2014
Filed standalone accounts · Great White Global Private LimitedPHPLaravelNginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
82 energy companies in Maharashtra work in bioenergy. Shown: the best-documented.
BioenergyProvider of eco friendly energy solutions including solar panel installation projects and natural base oil products
BioenergyManufacturers of bio-ethanol plants, and alcohol plants
BioenergyManufacturer of vegetable oil processing units
BioenergyCompany that specializes in the production and distribution of compressed biogas, also known as Bio CNG, a renewable and ecofriendly alternative to traditional fossil fuels
BioenergyManufacturer of biogas storage solution
BioenergyDeveloper of sustainable biofuels and organic products
Crop tradingProvider of biorefinery solutions with a focus on sustainability and biofuel production
BioenergyProvider of BioCNG, organic fertilizer, and feedstock aggregation and processing
BioenergyDeveloper of biogas plants converting wet waste into renewable energy
BioenergyProvider of agricultural waste into products such as biomass briquettes, pellets, and biochar
BioenergyCompany specializing in sustainable energy solutions
BioenergyProvider of biomass aggregation and supply chain management services
in FY24-25 · net −₹56.31 lakh · +16% since FY2020
Filed standalone accounts · Kshumat Energy Private LimitedUS$527k across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹359.27 cr in FY24-25 · net ₹2.35 cr · since FY2018
Filed standalone accounts · Mojj Engineering Systems LimitedCloudflareBootstrapjQueryEach 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.
₹13.56 cr in FY24-25 · net · since FY2020
Filed standalone accounts · Nexgen Energia LimitedPHPMySQLCloudflareWordPressEach 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 FY22-23 · net ₹20.78 lakh · +836% since FY2016
Filed standalone accounts · Meera Cleanfuels LimitedCloudflareShopifyjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹33.76 cr in FY23-24 · net · +195% since FY2023
Filed standalone accounts · Rajganga Biorefineries 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 · +796% since FY2023
Filed standalone accounts · Aindri Initiatives Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹36.85 lakh in FY24-25 · net −₹11.13 lakh · since FY2024
Filed standalone accounts · Hab Biomass Private LimitedReactPHPMySQLWordPressjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹20.71 cr in FY24-25 · net · +640% since FY2024
Filed standalone accounts · Ecodhara Magnatek Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹86.00 cr in FY24-25 · net −₹16.80 cr · +1207% since FY2017
Filed standalone accounts · Punjab Renewable Energy Systems Private LimitedUS$28.67m across 6 disclosed equity rounds
Darker bars = larger roundsPHPLaravelMySQLNginxCloudflareEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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