Company lists
The Uttar Pradesh edition · 2026

Energycompanies in Uttar Pradesh

Solar, renewable, power equipment, batteries & storage, energy efficiency and more: the companies building energy in Uttar Pradesh, with their founders, funding, team size and business models.

438 company profiles201 with reported revenue12 with recorded fundingSeptember 2026 edition

Recent energy business events in Uttar Pradesh

Funding, M&A, contract wins and launches involving 521 energy companies in Uttar Pradesh, last 24 months: 158 Contracts · 16 M&A deals · 7 funding rounds · 3 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
ContractTechnology

Sharika enterprises · client: Uttarakhand power corporation limited (upcl)

Awarded under the Uttarakhand Power Corporation Limited's (UPCL) flagship Ganga Corridor power distribution modernization project, Sharika Enterprises will work with East India Udyog…

Power
ContractSupply

United drilling tools · client: Shivganga Drillers

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

Oil and Gas
M&AAcquisition · Announced

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
ContractSupply

Hpl electric & power · client: GMR Triveni Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

Hpl electric & power · client: GMR Kashi Smart Meters Limited

HPL Electric & Power Limited secured work orders worth Rs. 242.24 crore from multiple infrastructure companies for the supply of smart meters, strengthening its order book and growth…

Smart metering
ContractSupply

United drilling tools · client: Vedanta Limited’s Cairn Oil & Gas division

United Drilling Tools Limited has secured an order valued at Rs 31.66 million from Vedanta Limited’s Cairn Oil & Gas division for the supply of critical oilfield equipment.

Oil and Gas
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Projects
M&AAcquisition · Announced

Inox Clean Energy acquires Sunsource energy

It also announced the acquisition of a solar projects portfolio from SunSource Energy, the Indian arm of the Netherlands-based SHV Energy.

Solar Energy
LaunchJAKSON Genset Xtra

Jakson Group

The newly launched JAKSON Genset Xtra is designed as a compact and fuel-efficient backup power solution for small commercial and residential applications, offering silent operation.

Power Generation
ContractService

Deep industries · client: Oil india

This marks the company’s second order win, after it secured a ₹148 crore contract from Oil India in February for the hiring of a 1,000 HP mobile drilling rig package in Assam and…

ContractSupply

Jakson Green · client: Coromandel international

It was awarded the tender to supply green ammonia to state-owned fertiliser producer Coromandel International’s plant in Kakinada, Andhra Pradesh for around $580 per tonne.

Renewable Energy
ContractSupply

Jakson Green · client: Solar Energy Corporation of India

Jakson Green Limited has signed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India for the supply of green ammonia under the Strategic Interventions for…

Renewable Energy
ContractInfrastructure

NBCC Ltd · client: Oil india

The largest order, valued at around ₹227.99 crore, has been awarded by Oil India Ltd. The contract involves the construction of an executive housing complex at Duliajan in Assam on a…

Infrastructure
ContractSupply

Sunsure energy · client: Jakson

Sunsure Energy, India's preferred renewable energy solutions provider for leading businesses and utilities, has signed a long-term Power Purchase Agreement (PPA) with JAKSON Engineering…

Renewable Energy
ContractInfrastructure

Rec power development and consultancy · client: Dilip buildcon

Earlier this week, the company said it has received a Letter of Intent from REC Power Development and Consultancy Limited for the development of a 400 kV substation at Mekhali along with…

Energy
ContractSupply

Gail gas · client: Industrial units

The company has activated the ‘Force Major Clause’ (Force Majeure Clause) of Natural Gas Contract (Contract) made with industrial units

ContractSupply

Best power equipments · client: Na

Best Power Equipments (India) Pvt Ltd (BPE), India’s leading provider of technologically advanced power solutions, data centre solutions and Battery Energy Storage Systems (BESS), has…

M&AAcquisition · Rumored

Havells india acquires Gupta Power Infrastructure

Jindal Power, Vedanta and Havells India are among 22 prospective bidders that have submitted expressions of interest (EoIs) to acquire debt-laden Gupta Power Infrastructure, which has…

Cable manufacturing, wire rods and conductors
ContractInfrastructure

Rec power development and consultancy · client: Power grid corporation of india

RECPDCL and PowerGrid officials at the handing over ceremony

Transmission Line
ContractGovernment

Hindustan copper · client: Oil india

HCL has signed multiple agreements with PSUs like Oil India Ltd and Coal India Ltd to explore, mine, and develop critical minerals (copper, nickel, cobalt) and rare earth elements.

Critical minerals
ContractTechnology

Hindustan petroleum corporation limited · client: Oil india

Hindustan Petroleum Corporation Limited and Oil India Limited have signed a memorandum of understanding at India Energy Week 2026 to collaborate on the development of a compressed…

ContractSupply

Totalenergies · client: Oil india

state-owned upstream major Oil India along with their Navaratna subsidiary Numaligarh Refinery would be inking a memorandum of understanding with French major TotalEnergies for LNG sourcing.

Oil & Gas
Contract

Inox Neo Energies · client: Sunsource energy

Earlier this month, Inox Neo Energies acquired around 300 MW of operational solar projects from SunSource Energy.

Solar
ContractService

Jakson · client: CMRL

CMRL has awarded a major Electrical and Mechanical contract worth Rs. 137.08 crore to Jakson Limited for Corridor 4 of Phase-2.

Railway
ContractGovernment

Oil india · client: Arunachal Pradesh State Government

OIL India Limited has signed a Deed of Agreement for Composite Licence of Phop Graphite and Vanadium block at Yazali circle in Arunachal Pradesh, an official statement said.

Mining
M&AAcquisition · Announced

Bhilwara energy acquires Mandakini Jal Urja

Diversified LNJ Bhilwara Group on Thursday said it has signed an agreement to acquire a 100 per cent stake in Mandakini Jal Urja, which is constructing a 76 MW hydro project in…

Hydroelectric/Renewables
ContractSupply

Inox Wind · client: Undisclosed renewable energy companies

In November 2025, Inox secured wind turbine orders totaling 229 MW from undisclosed renewable energy companies.

Renewable energy
ContractSupply

Inox Wind · client: Jakson Green

In November this year, Inox had secured an order from Jakson for 100 MW of its 3.3 MW wind turbines.

Renewable energy
ContractSupply

Ecoprogetti · client: Jakson

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, has signed a contract with European technology provider Ecoprogetti SRL to establish India’s…

Clean Energy

Energy companies in Uttar Pradesh, by revenue

Browse energy companies in Uttar Pradesh 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 201 energy companies in Uttar Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Operator of oil and gas refinery

Oil & gas upstream
₹99,720.40 crFY 2024-25
+9%2024–2025
3,938+1% 12 mo to Mar 2023LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Developer and producer of crude oil and natural gas

Oil & gas upstream
₹37,646.48 crFY 2023-24
Not reported
3,219-6% 12 mo to Sep 2024recorded Sep 2024
67 yr1959
2postings · last posted Jul 2026

Electrical equipment manufacturer

Industrial automation equipment
₹22,081.33 crFY 2024-25
+17%2024–2025
16,106+9% 12 mo to Mar 2024LinkedIn · Jul 2026
43 yr1983
4postings · last posted Aug 2026

Online platform for manufacturing structural steel tubes, pipes, and related steel solutions

Solar energy
₹20,785.60 crFY 2024-25
Not reported
1,419+824% vs previous recordLinkedIn · Jul 2026
40 yr1986
6postings · last posted Sep 2026

City gas distribution company

Oil & gas downstream
₹12,280.05 crFY 2024-25
+12%2024–2025
3,750recorded
18 yr2008
0none in 3 months

Developer of geothermal energy projects

Geothermal energy
₹5,585.37 crFY 2021-22
Not reported
1,750recorded
17 yr2009
—No postings tracked

Provider of engineering, procurement, and other services for petrochemical processing industry

Oilfield services
₹4,469.25 crFY 2024-25
+181%2024–2025
266LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted May 2026

Manufactures wind turbine components

Wind energy
₹3,701.55 crFY 2024-25
+105%2024–2025
1,133+37% 12 mo to Jul 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of solar energy services and products

Electricity transmission & distribution equipment
₹2,267.66 crFY 2022-23
Not reported
1,227-6% 12 mo to Sep 2021recorded Sep 2021
79 yr1947
0none in 3 months · last posted Jun 2026

Manufacturer of electrical equipment products

Industrial automation equipment
₹1,705.12 crFY 2024-25
Not reported
1,809-0% 12 mo to Jul 2018LinkedIn · Jul 2026
34 yr1992
0none in 3 months

Provider of energy efficiency solutions and services

Services for energy efficiency
₹1,686.31 crFY 2024-25
-14%2024–2025
619-17% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Developer of non-renewable energy based power projects

Non- renewable power generation
₹920.22 crFY 2021-22
Not reported
1,059+6% 12 mo to Jun 2024LinkedIn · Jul 2026
18 yr2008
1postings · last posted Jul 2026

Distributor of natural gas

Oil & gas downstream
₹942.12 crFY 2024-25
+4%2024–2025
213+8% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of high-efficiency O&M, R&M upgrades, and BESS projects for thermal and renewable power infrastructure

Solar energy
₹726.47 crFY 2024-25
+43%2024–2025
784-7% 12 mo to Sep 2024recorded Sep 2024
27 yr1999
0none in 3 months

Distributor of gas in Kanpur

Oil & gas downstream
₹703.76 crFY 2023-24
-7%2023–2024
139LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of high-technology equipment and after-sales services to the electronics and solar manufacturing industries

Electronic manufacturing equipment
₹652.07 crFY 2024-25
+1%2024–2025
425+10% 12 mo to Mar 2024LinkedIn · Jul 2026
27 yr1999
6postings · last posted Sep 2026

Hydel power producer in India and Nepal

Hydro power
₹616.00 crFY 2024-25
+11%2024–2025
34+0% 12 mo to Jun 2023LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Company providing power development and consultancy services

Electricity transmission & distribution project developer
₹551.57 crFY 2024-25
+41%2024–2025
500+18% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Renewable energy company offering integrated solar EPC, module manufacturing, and energy storage solutions

Solar energy
₹551.09 crFY 2024-25
+9%2024–2025
166LinkedIn · Jul 2026
13 yr2013
1postings · last posted Aug 2026

Provider of power trading solutions

Electricity transmission & distribution project developer
₹374.09 crFY 2021-22
Not reported
253LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of gas & liquid fuel based power generation systems

Oil & gas upstream
₹371.03 crFY 2023-24
+9%2023–2024
366+9% 12 mo to Sep 2024LinkedIn · Jul 2026
24 yr2002
1postings · last posted Aug 2026

Provider of power management solutions

Energy storage
₹314.37 crFY 2024-25
+3%2024–2025
325+0% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of sustainable growth in the upstream, midstream, downstream, and oil and gas distribution services

Oil & gas downstream services
₹311.89 crFY 2024-25
-19%2024–2025
30LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of transformers

Electricity transmission & distribution equipment
₹264.85 crFY 2021-22
Not reported
350+3% 12 mo to Jun 2024LinkedIn · Jul 2026
59 yr1967
0none in 3 months

Company that supplies coal products with combustion characteristics, serving as a significant importer and distributor of various types of coal and coke

Non- renewable power generation
₹229.00 crFY 2021-22
Not reported
19-24% 12 mo to Feb 2024recorded Feb 2024
42 yr1984
—No postings tracked
50 of 438 companies shown here · the full list is on Radar
Fliar Radar

Explore all 438 energy companies in Uttar Pradesh on Radar

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

Open energy in Uttar Pradesh on Radar
  • Every company, not just 50All 438 energy companies in Uttar Pradesh, 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.
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Explore energy companies in Uttar Pradesh by what you are looking for

Browse energy companies in Uttar Pradesh, from solar and renewable energy firms to power equipment makers and gas distributors. Find top energy companies in Uttar Pradesh, energy startups and firms that are hiring.

9 ways to explore energy in Uttar Pradesh

Solar energy companies & installersWind, bioenergy & other renewable energy companiesPower transmission & electrical equipment companiesBattery & energy storage companiesEnergy efficiency & LED lighting companiesOil, gas & fuel distribution companies

Solar energy companies & installers

Solar panel makers, project developers and rooftop solar providers.

  1. NMTronics India

    Provider of high-technology equipment and after-sales services to the electronics and solar manufacturing industries

    Electronic manufacturing equipment
    See in list
  2. Solarworld Energy Solutions

    Renewable energy company offering integrated solar EPC, module manufacturing, and energy storage solutions

    Solar energy
    See in list
  3. Patanjali Renewable Energy

    Manufacturer of solar powered products

    Solar energy
    See in list
  4. Geie Solar Products

    Manufacturer of solar street lights and solar home lighting systems

    Solar energy
    See in list
  5. ELcomponics

    Manufacturer of wire harnesses, cable assemblies, and solar power solutions

    Solar energy
    See in list

Wind, bioenergy & other renewable energy companies

Wind, biomass, hydro and biofuel energy producers and developers.

  1. Inoxwind

    Manufactures wind turbine components

    Wind energy
    See in list
  2. PKR Group

    Independent power producer in wind energy sector

    Wind energy
    Website
  3. Urjagen

    Manufacturer of systems for biomass gasification, waste disintegration, and cremation

    Bioenergy
    Website
  4. 3eSavers

    Manufacturer and supplier of biomass, agro waste, and other products

    Bioenergy
    Website
  5. Anarobic Energy

    Provider of sustainable biogas production solutions through anaerobic energy systems

    Bioenergy
    Website
35 companies in Uttar PradeshAll 233 wind energy companies in India →

Power transmission & electrical equipment companies

Manufacturers and developers of transformers, switchgear, meters and transmission projects.

  1. Havells

    Electrical equipment manufacturer

    Industrial automation equipment
    See in list
  2. Noida Power Company

    Supplier and distributor of electricity

    Utilities
    Website
  3. Recpdcl

    Company providing power development and consultancy services

    Electricity transmission & distribution project developer
    See in list
  4. TATA Power Trading

    Provider of power trading solutions

    Electricity transmission & distribution project developer
    See in list
  5. Technical Associates

    Manufacturer of transformers

    Electricity transmission & distribution equipment
    See in list
79 companies in Uttar PradeshAll 89 utilities companies in India →

Battery & energy storage companies

Manufacturers of lithium-ion and lead-acid batteries and storage systems.

  1. BEST POWER EQUIPMENTS

    Provider of power management solutions

    Energy storage
    See in list
  2. Maxvolt Energy

    Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions

    Energy storage
    See in list
  3. Highflow

    Manufacturer of diversified batteries

    Energy storage
    Website
  4. Packwell Thermoformers

    Provider of battery container

    Energy storage
    Website
  5. Nexus Solar Energy

    Offer lithium battery, inverters, and chargers

    Energy storage
    Website

Energy efficiency & LED lighting companies

LED lighting makers and energy-saving solution providers.

  1. Energy Efficiency Services

    Provider of energy efficiency solutions and services

    Services for energy efficiency
    See in list
  2. NTPC GE Power Services

    Provider of high-efficiency O&M, R&M upgrades, and BESS projects for thermal and renewable power infrastructure

    Solar energy
    See in list
  3. IKIO Lighting

    Provider of LED lighting solutions

    Manufacturing services
    See in list
  4. Blisstering Electronics

    Manufacturer of LED lighting and control equipment

    Energy efficiency
    See in list
  5. Statcon Electronics India

    Manufacturer of electronics components and power transmission equipments

    Electricity transmission & distribution equipment
    See in list

Oil, gas & fuel distribution companies

Gas distribution, oilfield services and oil and gas equipment suppliers.

  1. HMEL

    Operator of oil and gas refinery

    Oil & gas upstream
    See in list
  2. Oil India

    Developer and producer of crude oil and natural gas

    Oil & gas upstream
    See in list
  3. GAIL Gas

    City gas distribution company

    Oil & gas downstream
    See in list
  4. Green Gas

    Distributor of natural gas

    Oil & gas downstream
    See in list
  5. CUGL

    Distributor of gas in Kanpur

    Oil & gas downstream
    See in list

Listed energy companies in Uttar Pradesh

Publicly listed energy companies in Uttar Pradesh.

  1. Oil India

    Developer and producer of crude oil and natural gas

    Oil & gas upstream
    See in list
  2. Havells

    Electrical equipment manufacturer

    Industrial automation equipment
    See in list
  3. Apl Apollo Tubes

    Online platform for manufacturing structural steel tubes, pipes, and related steel solutions

    Solar energy
    See in list
  4. Inoxwind

    Manufactures wind turbine components

    Wind energy
    See in list
  5. Solarworld Energy Solutions

    Renewable energy company offering integrated solar EPC, module manufacturing, and energy storage solutions

    Solar energy
    See in list
13 companies in Uttar Pradesh

Energy startups in Uttar Pradesh

Recently founded energy startups in Uttar Pradesh.

  1. Shubheksha

    Provider of advisory and support services for electricity supply solutions

    Utilities
    See in list
  2. Mahendra Transformers

    Manufacturer of transformers

    Electricity transmission & distribution equipment
    Website
  3. LITHIUM ENERGY EXPERTS

    Manufacturer of lithium-ion batteries

    Energy storage
    Website
  4. Airiac Energy

    Provider of energy management solutions with a focus on sustainability

    Solar energy
    Website
  5. Solera Industries

    Provider of solar energy services, offering a range of solutions for the installation and integration of photovoltaic panels

    Solar energy
    Website
47 companies in Uttar Pradesh

Energy companies hiring in Uttar Pradesh

Energy companies in Uttar Pradesh with open roles.

  1. Oil India

    Developer and producer of crude oil and natural gas

    Oil & gas upstream
    See in list
  2. Havells

    Electrical equipment manufacturer

    Industrial automation equipment
    See in list
  3. Apl Apollo Tubes

    Online platform for manufacturing structural steel tubes, pipes, and related steel solutions

    Solar energy
    See in list
  4. CINDA Engineering & Construction

    Provider of engineering, procurement, and other services for petrochemical processing industry

    Oilfield services
    See in list
  5. JAKSON

    Provider of solar energy services and products

    Electricity transmission & distribution equipment
    See in list
21 companies in Uttar Pradesh
Mobile reach

Top 10 energy apps from Uttar Pradesh

The most-installed Android apps published by energy companies headquartered in Uttar Pradesh — 11.1M installs between them. 20 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
5

SAHAJ - PNG MITRA

by GAIL Gas

Installs261K
Rating—
Installs, year on year+60%
Last updatedMay 2026
View on Google Play ↗
SAHAJ - PNG MITRA screenshot 1SAHAJ - PNG MITRA screenshot 2SAHAJ - PNG MITRA screenshot 3SAHAJ - PNG MITRA screenshot 4SAHAJ - PNG MITRA screenshot 5SAHAJ - PNG MITRA screenshot 6
7

CUGL Care

by CUGL

Installs55K
Rating—
Last updatedMay 2026
View on Google Play ↗
CUGL Care screenshot 1CUGL Care screenshot 2CUGL Care screenshot 3CUGL Care screenshot 4CUGL Care screenshot 5CUGL Care screenshot 6
The business behind the activity

Energy financials in Uttar Pradesh

Revenue, profit and growth from the filed annual accounts of 195 energy companies in Uttar Pradesh for FY24-25 — 223 of the 438 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 82% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹215,320.19 cr

195 companies filing accounts

combined net profit₹10,247.06 cr

4.8% aggregate margin

are profitable85%

166 of 195 companies

median revenue~₹14.1 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five82%

revenue concentration

Six-year view

Combined revenue of filing companies

₹116,757.70 crFY19-20164 filers
₹108,505.61 crFY20-21182 filers
₹169,147.66 crFY21-22188 filers
₹204,407.39 crFY22-23201 filers
₹200,806.41 crFY23-24196 filers
₹215,320.19 crFY24-25195 filers

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

Like-for-like

The same 176 companies over three years

+7%
FY22-23₹198,100.84 cr₹14,940.42 cr net
FY23-24₹195,202.86 cr₹11,376.37 cr net
FY24-25₹211,773.56 cr₹10,109.98 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 cr3450% profitable
₹1–10 cr5392% profitable
₹10–100 cr7196% profitable
₹100–1,000 cr2785% profitable
Over ₹1,000 cr1090% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking55
0–20%39
20–50%30
50–100%24
Doubled+35

183 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

166profitable
29loss-making
4.8%aggregate margin
1.6%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
Sundak SolarSUNDAK SOLAR SOLUTIONS PRIVATE LIMITED+380%₹67.86 cr
RAVCRAVC SOLUTIONS PRIVATE LIMITED
Patanjali Renewable EnergyPATANJALI RENEWABLE ENERGY PRIVATE LIMITED
Gcep SolarGCEP SOLAR PRIVATE LIMITED+333%₹12.31 cr
Satya Solar SystemsSATYA SOLAR SYSTEMS PRIVATE LIMITED+250%₹45.25 cr
Bundelkhand Saur UrjaBUNDELKHAND SAUR URJA LIMITED+231%₹28.50 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Bhilwara EnergyBHILWARA ENERGY LIMITED58.3%₹210.12 cr
RecpdclREC POWER DEVELOPMENT AND CONSULTANCY LIMITED47.4%₹551.57 cr
GeoEnpro PetroleumGEOENPRO PETROLEUM LIMITED
Oil IndiaOIL INDIA LIMITED25.5%₹23,987.07 cr
Garg AssociatesGARG ASSOCIATES PRIVATE LIMITED23.2%₹91.58 cr
TATA Power TradingTATA POWER TRADING COMPANY LIMITED19.0%₹463.83 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Oil & gas downstream5₹30,252.58 cr~₹942.1 cr100%6.4%
Solar energy79₹17,804.92 cr~₹9.2 cr89%2.9%
Electricity transmission & distribution equipment32₹5,024.07 cr~₹28.7 cr100%4.3%
Electricity transmission & distribution project developer9₹1,404.96 cr~₹76.0 cr100%25.7%
Energy storage16₹637.98 cr~₹9.7 cr75%3.4%
Bioenergy6₹58.96 cr~₹4.3 cr33%-49.5%
Energy efficiency6₹44.64 cr~₹1.4 cr67%-3.9%
Leaders

Largest energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
HMELHPCL-MITTAL ENERGY LIMITED₹99,191.80 cr−₹820.50 cr-0.8%+8%
Oil IndiaOIL INDIA LIMITED₹23,987.07 cr₹6,114.19 cr25.5%-2%
HavellsHAVELLS INDIA LIMITED₹22,048.28 cr₹1,488.84 cr6.8%+17%
Indraprastha Gas LimitedINDRAPRASTHA GAS LIMITED₹16,908.00 cr8.7%
Apl Apollo TubesAPL APOLLO TUBES LIMITED₹14,440.25 cr₹335.59 cr2.3%+4%
GAIL GasGAIL GAS LIMITED₹12,280.72 cr₹450.64 cr3.7%+12%
LPGCLLALITPUR POWER GENERATION COMPANY LIMITED₹6,642.87 cr₹497.61 cr7.5%-4%
InoxwindINOX WIND LIMITED₹3,563.18 cr₹384.06 cr10.8%+116%
JAKSONJAKSON LIMITED₹3,407.79 cr₹135.61 cr4.0%—
HPL Electric & PowerHPL ELECTRIC & POWER LIMITED₹1,688.76 cr₹86.80 cr5.1%+19%
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 Uttar Pradesh 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 Uttar Pradesh
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 Uttar Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months23

US$796.81m

equity rounds, last 24 months71

US$1.47bn

raised over five yearsUS$5.37bn

219 rounds in India

M&A deals, Uttar Pradesh16

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 Uttar Pradesh

11Acquisition
3Merger
1Takeover

Most active acquirers

  1. Inox Clean Energy3
  2. Havells india3
  3. Inox Wind2
  4. Adani power1
  5. Inox Clean Energy1

Most acquired or merged

  1. Jaiprakash power ventures5
  2. Inox Wind3
  3. Sunsource energy2
  4. Gupta Power Infrastructure1
  5. Mandakini Jal Urja1

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

Energy funding in Uttar Pradesh

12 energy companies in Uttar Pradesh have recorded equity funding, US$561.85m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Uttar Pradesh

Meet the people behind energy companies in Uttar Pradesh. 136 of 438 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Uttar Pradesh energy companies by sub-sector

The most common specialisations among energy companies in Uttar Pradesh. 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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