Company lists
The Punjab edition · 2026

Energycompanies in Punjab

Solar, power equipment, bioenergy, oil & gas, storage & utilities and more: the companies building energy in Punjab, with their founders, funding, team size and business models.

112 company profiles15 with reported revenue1 with recorded fundingOctober 2026 edition

Recent energy business events in India

Funding, M&A, contract wins and launches involving 6,577 energy companies in India, last 24 months: 1431 Contracts · 303 M&A deals · 126 funding rounds · 17 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Adani energy solutions acquires Intellismart

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

Smart metering
M&AAcquisition · Announced

Adani energy solutions acquires IntelliSmart Infrastructure

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

Smart Metering
ContractInfrastructure

Bharat heavy electricals · client: Meja Urja Nigam

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

Power
ContractInfrastructure

Bhel · client: Meja Urja Nigam

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

Energy
ContractSupply

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

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

Energy
M&AAcquisition · Completed

Life insurance corporation of india acquires NHPC

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

Hydropower
M&AAcquisition · Announced

AM Green acquires Assam Bio Refinery

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

Biotechnology
ContractService

BigTrunk Communications · client: Velvex

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

Advertising
ContractTechnology

Sharika enterprises · client: Uttarakhand Power Corporation (UPCL)

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

Power distribution
ContractSupply

Ganesh Green Bharat · client: NTPC Renewable Energy

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

Renewable energy
ContractService

BigTrunk Communications · client: Nandan Petrochem

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

Advertising
ContractInfrastructure

Bajel Projects · client: Datacenter Client

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

Infrastructure
ContractService

Power mech projects · client: Adani Infrastructure Management Services Limited

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

Power
FundingQualified Institutional Placement (QIP)

Acme solar

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

Investors Na
ContractSupply

DEE Development Engineers · client: Bharat Petroleum

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

Energy
ContractSupply

United drilling tools · client: Shivganga Drillers

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

Oil and Gas
ContractSupply

Sharika enterprises · client: East india udyog

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

Power
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

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

Renewable Energy
ContractSupply

Transrail lighting · client: Na

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

Infrastructure
ContractSupply

Hoganäs India Private Limited · client: Hinduja renewables

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

Renewable energy
ContractSupply

Hirschvogel Components · client: Hinduja renewables

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

Renewable energy
ContractSupply

Saatvik Green Energy · client: Domestic independent power producer

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

Clean energy / solar
M&AAcquisition · Completed

Power grid corporation of india acquires TUMKUR II RE Transmission Limited

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

Transmission
M&AAcquisition · Completed

Thakral acquires TIL Investments Private Limited (TIL)

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

Healthcare-led real estate development
M&AAcquisition · Completed

Man industries acquires National

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

Manufacturing
M&AAcquisition · Pending

Dalmia Bharat Refractories acquires Dalmia

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

Refractory Industry
M&AAcquisition · Completed

Birla Mutual Fund acquires Adani energy solutions

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

Energy
M&AAcquisition · Announced

Adani power acquires Jaiprakash power ventures

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

Power
M&AAcquisition · Completed

Man industries acquires Npc

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

M&AAcquisition · Announced

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

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

Power

Energy companies in Punjab, by funding and team

Few energy companies in Punjab publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 112 active companies.

Showing 25 of 50

Engineering, procurement, and construction services provider specializing in renewable energy solutions

Bioenergy
US$982kSeed · Feb 2021
47LinkedIn · Jul 2026
Fee-for-service
18 yr2008
0none in 3 months

Natural gas distribution company

Oil & gas downstream
—None recorded
3,165LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
63 yr1963
—No postings tracked

Attock Refinery engages in refining of crude oil and also supplies other refined petroleum products.

Oil & gas downstream
—None recorded
1,515LinkedIn · Oct 2026
Physical commerce
48 yr1978
—No postings tracked

Provider of crude oil, natural gas exploration, and transportation services

Oil & gas midstream
—None recorded
410LinkedIn · Oct 2026
Commission on transaction / E-commerce - product
31 yr1995
—No postings tracked

Hi-Tech Lubricants Limited is a holding company that specializes in oil and petroleum product importation, distribution, and marketing.

Oil & gas downstream
—None recorded
641LinkedIn · Oct 2026
E-commerce - product / Physical commerce
29 yr1997
—No postings tracked

Company that specializes in the design, development, and manufacturing of electronics and cables

Electricity transmission & distribution equipment
—None recorded
5+60% 12 mo to Aug 2024LinkedIn · Oct 2026
Physical commerce
11 yr2015
0none in 3 months

Manufacturer and supplier of biomass biofuel providing clean and green biofuel solutions

Bioenergy
—None recorded
219+59% 12 mo to Mar 2024recorded Mar 2024
E-commerce - product / Physical commerce
33 yr1993
—No postings tracked

Nishat Power it operate and maintain a fuel fired power station.

Non- renewable power generation
—None recorded
167LinkedIn · Oct 2026
Not available
19 yr2007
—No postings tracked

Lalpir Power is a power producer using a oil fired power generating power station.

Utilities
—None recorded
168LinkedIn · Oct 2026
Not available
32 yr1994
—No postings tracked

Manufacturer of switch gears

Electricity transmission & distribution equipment
—None recorded
116+68% 12 mo to Feb 2024recorded Feb 2024
E-commerce - product / Physical commerce
40 yr1986
—No postings tracked

Provider of EPC solutions in power systems, renewable energy, and power distribution products

Engineering consulting
—None recorded
552+39% 12 mo to Jun 2024LinkedIn · Jul 2026
Fee-for-service
35 yr1991
0none in 3 months · last posted Jun 2026

Bitumen importer, supplier, and manufacturer, dealing with all grades of bitumen

Oil & gas downstream
—None recorded
4-17% 12 mo to Jun 2024LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
19 yr2007
0none in 3 months

Manufacturer of automotive and inverter batteries

Energy storage
—None recorded
15+15% 12 mo to Sep 2024recorded Sep 2024
Advertising / Commission on transaction
16 yr2010
0none in 3 months

Provider of solar energy equipment and rooftop solar power plant installation

Solar energy
—None recorded
22-74% 12 mo to May 2020LinkedIn · Jul 2026
Not available
10 yr2016
1postings · last posted Sep 2026

Building brand power in Asia

Electricity transmission & distribution project developer
—None recorded
35LinkedIn · Jul 2026
Advertising / Commission on transaction
14 yr2012
0none in 3 months · last posted Sep 2025

Altern Energy Limited is a power company that generates and supplies electric power to Pakistan's Water and Power Development Authority.

Hydro power
—None recorded
6recorded
Physical commerce
31 yr1995
—No postings tracked

Provider of solar panel installation services

Solar energy
—None recorded
92+400% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product / Physical commerce
10 yr2016
0none in 3 months

Manufacturer of clean energy cookstoves

Solar energy
—None recorded
7LinkedIn · Jul 2026
E-commerce - product / Physical commerce
12 yr2014
—No postings tracked

Manufacturer of automotive, UPS & solar energy batteries

Manufacturing services
—None recorded
1recorded Mar 2019
E-commerce - product
49 yr1977
—No postings tracked

Produces and supplies biomass and related products

Bioenergy
—None recorded
5LinkedIn · Jul 2026
Fee-for-service
10 yr2016
0none in 3 months

Arc Bio Fuel – fertilizing energy, fertilizing farming

Bioenergy
—None recorded
—Not available
E-commerce - product / Physical commerce
13 yr2013
0none in 3 months

Sustainability driven company focused on renewable energy

Energy training and research services
—None recorded
—Not available
Commission on transaction / E-commerce - product
10 yr2016
0none in 3 months

Provider of solar panel systems for residential, commercial, and industrial use

Solar energy
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
5 yr2021
0none in 3 months

Fuel retailer

Oil & gas downstream
—None recorded
—Not available
Fee-for-service
27 yr1999
—No postings tracked

Turnkey solar solutions provider

Solar energy
—None recorded
—Not available
E-commerce - product
10 yr2016
—No postings tracked
50 of 112 companies shown here · the full list is on Radar
Fliar Radar

Explore all 112 energy companies in Punjab on Radar

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

Open energy in Punjab on Radar
  • Every company, not just 50All 112 energy companies in Punjab, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore energy companies in Punjab by what you are looking for

Find top energy companies in Punjab, from solar energy companies and wind energy developers to power equipment makers and oil and gas firms. Browse energy startups in Punjab and listed energy companies.

9 ways to explore energy in Punjab

Solar energy companies & installersPower transmission, distribution & electrical equipmentBioenergy, biofuel & biogas companiesOil, gas & fuel distribution companiesBattery, energy storage & power utilitiesWind & hydro power developers

Solar energy companies & installers

Solar panel makers, EPC providers and rooftop installers.

  1. Solidus Techno Power

    Provider of solar panel installation services

    Solar energy
    See in list
  2. Giga Solar

    Provider of solar energy equipment and rooftop solar power plant installation

    Solar energy
    See in list
  3. Roop Solar

    Provider of solar EPC services

    Solar energy
    See in list
  4. Optimistic

    Developer of solar energy projects

    Solar energy
    See in list
  5. Shine Solar Energy

    Manufacturer and installer of solar power systems and related products.

    Solar energy
    See in list

Power transmission, distribution & electrical equipment

Makers of transformers, switchgear and electrical project developers.

  1. NUCON

    Manufacturer of switch gears

    Electricity transmission & distribution equipment
    See in list
  2. rb engineering

    RB Engineering is an electrical contracting company that supplies panels and electrical transformers for residential and industrial sectors.

    Electricity transmission & distribution project developer
    See in list
  3. s.a. hamid & co

    S.A. Hamid & Co designs installs, maintains, and repairs services for electric motors, turbines, and pumps for the electrical sector.

    Electricity transmission & distribution project developer
    Website
  4. maqbool and brothers

    Maqbool and Brothers manufcatures transformer parts and panels.

    Electricity transmission & distribution equipment
    Website
  5. crystal switch gears

    Crystal Switch Gears is an electrical products manufacturing company that manufactures low-voltage switch gears and changeover switches.

    Electricity transmission & distribution equipment
    Website
26 companies in Punjab

Bioenergy, biofuel & biogas companies

Producers of biomass, biofuels, biogas and related products.

  1. Arc Bio Fuel

    Arc Bio Fuel – fertilizing energy, fertilizing farming

    Bioenergy
    See in list
  2. Ecostan Biofuel

    Manufacturer and supplier of biomass biofuel providing clean and green biofuel solutions

    Bioenergy
    See in list
  3. Farm2energy

    Produces and supplies biomass and related products

    Bioenergy
    See in list
  4. Royal Bio Energy

    Developer of bio-energy projects

    Bioenergy
    Website
  5. Quaid-e-Azam Thermal Power

    Developer of bio-energy projects

    Bioenergy
    Website

Oil, gas & fuel distribution companies

Fuel retailers, lubricant makers and oil and gas equipment suppliers.

  1. SNGPL

    Natural gas distribution company

    Oil & gas downstream
    See in list
  2. Arl

    Attock Refinery engages in refining of crude oil and also supplies other refined petroleum products.

    Oil & gas downstream
    See in list
  3. POL

    Provider of crude oil, natural gas exploration, and transportation services

    Oil & gas midstream
    See in list
  4. hi tech lubricants ltd

    Hi-Tech Lubricants Limited is a holding company that specializes in oil and petroleum product importation, distribution, and marketing.

    Oil & gas downstream
    See in list
  5. Classic Bitumen

    Bitumen importer, supplier, and manufacturer, dealing with all grades of bitumen

    Oil & gas downstream
    See in list

Battery, energy storage & power utilities

Battery manufacturers and electricity generation and supply companies.

  1. Shiva Battery Industries

    Manufacturer of automotive and inverter batteries

    Energy storage
    See in list
  2. Synergy Intact

    Manufacturer of medical batteries, including lithium-ion batteries, and related components

    Energy storage
    See in list
  3. nishat power

    Nishat Power it operate and maintain a fuel fired power station.

    Non- renewable power generation
    See in list
  4. lalpir power

    Lalpir Power is a power producer using a oil fired power generating power station.

    Utilities
    See in list
  5. Adroit Automations

    Provider of electrical services and automation solutions, including switchgears, control panels, and maintenance

    Utilities
    See in list

Wind & hydro power developers

Developers and service providers for wind and hydro power projects.

  1. altern energy ltd

    Altern Energy Limited is a power company that generates and supplies electric power to Pakistan's Water and Power Development Authority.

    Hydro power
    See in list
  2. Shiva Hydro Power Project

    Private company engaged in the development and operation of hydroelectric power projects, with a focus on generating renewable energy and contributing to the country's power infrastructure

    Hydro power
    See in list
  3. Foundation Wind Energy

    Independent power producer in wind segment

    Wind energy
    Website
  4. Master Wind Energy

    Developer of wind energy projects on a utility-scale

    Wind energy
    Website
  5. Ziya Renewable

    Provider of renewable energy solutions dedicated to reducing carbon emissions and creating a cleaner future

    Hydro power
    Website

Listed energy companies in Punjab

Publicly listed energy companies.

  1. Quadrant FutureTek

    Company that specializes in the design, development, and manufacturing of electronics and cables

    Electricity transmission & distribution equipment
    See in list
  2. hi tech lubricants ltd

    Hi-Tech Lubricants Limited is a holding company that specializes in oil and petroleum product importation, distribution, and marketing.

    Oil & gas downstream
    See in list
  3. nishat power

    Nishat Power it operate and maintain a fuel fired power station.

    Non- renewable power generation
    See in list
  4. lalpir power

    Lalpir Power is a power producer using a oil fired power generating power station.

    Utilities
    See in list
  5. altern energy ltd

    Altern Energy Limited is a power company that generates and supplies electric power to Pakistan's Water and Power Development Authority.

    Hydro power
    See in list
7 companies in Punjab

Energy startups in Punjab

Newer energy companies founded in recent years.

  1. Sunrax

    Provider of solar modules, rooftop solutions, and other products

    Solar energy
    See in list
  2. Inframitra

    Provider of utility scale solar, water pumps, geyser, financial, and other services

    Solar energy
    See in list
  3. Lactoranch

    Provider of biofuel production services

    Bioenergy
    See in list
  4. BA Solar Energy

    Provider of solar panel systems for residential, commercial, and industrial use

    Solar energy
    See in list
  5. Shiva Hydro Power Project

    Private company engaged in the development and operation of hydroelectric power projects, with a focus on generating renewable energy and contributing to the country's power infrastructure

    Hydro power
    See in list
11 companies in Punjab

Energy companies hiring in Punjab

Energy companies that currently have open roles.

  1. Giga Solar

    Provider of solar energy equipment and rooftop solar power plant installation

    Solar energy
    See in list
  2. Hartek

    Provider of EPC solutions in power systems, renewable energy, and power distribution products

    Engineering consulting
    See in list
  3. 786outsource

    Building brand power in Asia

    Electricity transmission & distribution project developer
    See in list
  4. advance switchgear

    Advance Switchgear designs, supplies, installs, and maintains electrical services for the commercial sector.

    Electricity transmission & distribution equipment
    Website
4 companies in Punjab
Mobile reach

Top 5 energy apps from Punjab

The most-installed Android apps published by energy companies headquartered in Punjab — 1.3M installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
1

SNGPL ConnectOn

by SNGPL

Installs726K
Rating3.442K ratings
Installs, year on year+58%
Last updatedJan 2026
View on Google Play ↗
SNGPL ConnectOn screenshot 1SNGPL ConnectOn screenshot 2SNGPL ConnectOn screenshot 3SNGPL ConnectOn screenshot 4SNGPL ConnectOn screenshot 5SNGPL ConnectOn screenshot 6
The business behind the activity

Energy financials in Punjab

Revenue, profit and growth from the filed annual accounts of 18 energy companies in Punjab for FY24-25 — 22 of the 112 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 89% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,537.57 cr

18 companies filing accounts

combined net profit₹29.67 cr

1.9% aggregate margin

are profitable83%

15 of 18 companies

median revenue~₹21.1 cr

the typical company

median revenue growth+24%

into FY24-25

earned by the top five89%

revenue concentration

Six-year view

Combined revenue of filing companies

₹300.22 crFY19-2014 filers
₹443.76 crFY20-2115 filers
₹641.27 crFY21-2216 filers
₹769.39 crFY22-2319 filers
₹961.70 crFY23-2419 filers
₹1,537.57 crFY24-2518 filers

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

Like-for-like

The same 17 companies over three years

+28%
FY22-23₹761.87 cr₹19.07 cr net
FY23-24₹777.84 cr₹24.86 cr net
FY24-25₹978.27 cr₹21.74 cr net

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

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr333% profitable
₹1–10 cr3100% profitable
₹10–100 cr8100% profitable
₹100–1,000 cr475% profitable
Over ₹1,000 cr0—

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

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%5
20–50%6
50–100%0
Doubled+5

18 companies with accounts for both years; median growth +24%.

Profitability

Profit is concentrated at the top

15profitable
3loss-making
1.9%aggregate margin
2.1%median margin

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

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Solidus Techno PowerSOLIDUS TECHNO POWER PRIVATE LIMITED+208%₹96.93 cr
Classic BitumenCLASSIC BITUMEN PRIVATE LIMITED+204%₹559.29 cr
Roop SolarRTH INFRA PRIVATE LIMITED
CEID ConsultantsCEID CONSULTANTS AND ENGINEERING PRIVATE LIMITED+44%₹149.16 cr
Goyum Screw PressGOYUM TECHNICAL HOLDINGS PRIVATE LIMITED
Deepak InternationalDEEPAK INTERNATIONAL LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Solidus Techno PowerSOLIDUS TECHNO POWER PRIVATE LIMITED20.0%₹96.93 cr
Shiva Battery IndustriesSHIVA BATTERY COMPONENTS PRIVATE LIMITED17.3%₹11.66 cr
Giga SolarGIGA SOLAR POWER PRIVATE LIMITED9.2%₹28.99 cr
CEID ConsultantsCEID CONSULTANTS AND ENGINEERING PRIVATE LIMITED4.9%₹149.16 cr
InterlightINTERLIGHT TECHNOLOGIES PRIVATE LIMITED3.5%
OptimisticOPTIMISTIC GREEN ENERGY PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy8₹181.80 cr~₹14.6 cr75%12.6%
Leaders

Largest energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Classic BitumenCLASSIC BITUMEN PRIVATE LIMITED₹559.29 cr₹7.93 cr1.4%+204%
Deepak InternationalDEEPAK INTERNATIONAL LIMITED
Quadrant FutureTekQUADRANT FUTURE TEK LIMITED₹152.94 cr−₹19.68 cr-12.9%+1%
CEID ConsultantsCEID CONSULTANTS AND ENGINEERING PRIVATE LIMITED₹149.16 cr₹7.38 cr4.9%+44%
Solidus Techno PowerSOLIDUS TECHNO POWER PRIVATE LIMITED₹96.93 cr₹19.40 cr20.0%+208%
Goyum Screw PressGOYUM TECHNICAL HOLDINGS PRIVATE LIMITED
Giga SolarGIGA SOLAR POWER PRIVATE LIMITED₹28.99 cr₹2.66 cr9.2%+7%
Z-PowerZ-POWER IMPEX PRIVATE LIMITED₹28.40 cr₹15.93 lakh0.6%-31%
Roop SolarRTH INFRA PRIVATE LIMITED
InterlightINTERLIGHT TECHNOLOGIES PRIVATE LIMITED₹66.40 lakh3.5%-6%
Some figures are available to Radar members.Log in to Radar to see every figure

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

Industry landscape report

Energy Industry Landscape of India

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

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

Put this intelligence into your own tools

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

Capital & corporate activity

Energy funding and M&A across India

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

equity rounds, last 12 months18

US$781.34m

equity rounds, last 24 months69

US$1.46bn

raised over five yearsUS$5.37bn

219 rounds in India

M&A deals, India303

last 24 months

Capital by year

Equity funding into energy in India

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

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

The funding ladder · five years

Rounds and typical cheque by stage

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

Most-funded sub-sectors

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

M&A in India

284Acquisition
14Merger
2Takeover

Most active acquirers

  1. Adani group31
  2. Power grid corporation of india17
  3. Waaree energies14
  4. Inox Clean Energy11
  5. Premier energies10

Most acquired or merged

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

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

Go deeper in the energy landscape reports:

Energy Industry Landscape of India

Founders and momentum in Punjab

Meet the people behind energy companies in Punjab. 21 of 112 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Punjab energy companies by sub-sector

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

Keep exploring energy in India and nearby markets.

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