Radar › Companies › Hydro Power · India
Radar · Hydro Power in India

Best Hydro Power Companies in India

The 78 best Hydro Power companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ReNew.

78companies tracked
$3.8Bdisclosed funding
1unicorns
13have raised

Ranked: Best Hydro Power companies in India

#CompanyRevenueDisclosed fundingEmployeesFoundedTech stackMarket signals (1y)Recent signals
1L&T Hydrocarbon Engineering
Engineering, procurement, installation, and construction services provider
$2.1B
FY2021
—6,0011938Windows ServerGoogle MapsBootstrap+17——
2Jindal Power
Jindal Power is a power company in India across the energy spectrum thermal, hydro, and renewable.
$2.1B
FY2025
—9,0651995PHPRed HatYii+188 signals ▼20%
M&A · Lawsuit · Funding
—
3NHPC
Developer of hydro power projects
$1.4B
FY2025
—4,7761975PHPCodeIgniterBootstrap+721 signals ▼77%
Earnings · Contracts · Leadership
—
4JP Power Ventures
Developer of hydropower projects
$675M
FY2025
—7,5001994WordPressMySQLPHP+1615 signals
Earnings · M&A · Capital raise
—
5Greenko Group
Provider of energy transition and decarbonization solutions
69Funding top 18%Product top 18%Innovation top 20%Moat top 34%
All 11 signals ▾
Fundingtop 18%
Producttop 18%
Innovationtop 20%
Moattop 34%
Fin. healthtop 35%
Talenttop 38%
Growthtop 46%
Techtop 50%
Marketbottom 48%
Globalbottom 39%
Newsbottom 24%
Funding: Raised $943M across 16 rounds · 16 rounds over 17 yrs (0.9/yr)
Product: 4 distinct product lines · Company stage: Series F
rank vs industry peers · Fliar Intelligence Index 69/100
$346M
FY2025
$943M52006Red HatAnimate.cssBootstrap+10—1 award
6Bhilwara Energy
Hydel power producer in India and Nepal
60Moat top 18%Innovation top 20%Product top 25%Funding top 33%
All 11 signals ▾
Moattop 18%
Innovationtop 20%
Producttop 25%
Fundingtop 33%
Growthtop 36%
Newstop 36%
Fin. healthtop 43%
Partnerstop 45%
Marketbottom 43%
Globalbottom 37%
Techbottom 36%
Moat: Top 14% by revenue among 57 tracked Hydro Power companies · Editorial + unicorn rating 8/10
Innovation: 10 product lines
rank vs industry peers · Fliar Intelligence Index 60/100
$73M
FY2025
$230M52006WordPressMySQLPHP+186 signals ▲100%
Acquisition · Leadership · M&A
—
7NSL Renewable Power
Developer of renewable energy solutions using wind, hydel, and solar power
$37M
FY2025
$188M871985BootstrapLiteSpeedGoogle Font API+7——
8Madhya Bharat Power Corporation
Developer of hydro power projects
$32M
FY2025
—1132021PleskNginxModernizr+1——
9KSK Power Venture
Independent Power producer in the renewable energy sector
$31M
FY2019
$72M32001SentryPleskPHP+13——
10BFL
Manufacturer of hydro turbines and provider of related power plant services
$31M
FY2025
—3751985DrupalPHPGoogle Charts+11——
11Dans Energy
Developer and operator of hydroelectric power plants
$26M
FY2022
$64M12005W3.CSSLiteSpeedCloudflare+6——
12GTV
Developer of hydro power projects
$15M
FY2024
—291991Framer SitesReactPriority Hints+4——
13Gati Infrastructure Group
Hydro power generation
$14M
FY2025
$43M882003———
14ReNew 🦄
Developer of wind & solar energy, hybrid, and hydro power projects
74Funding top 15%Talent top 22%Tech top 26%Moat top 30%
All 8 signals ▾
Fundingtop 15%
Talenttop 22%
Techtop 26%
Moattop 30%
Markettop 40%
Growthtop 45%
Fin. healthtop 49%
Globalbottom 45%
Funding: Raised $2.0B across 26 rounds · 26 rounds over 15 yrs (1.7/yr)
Talent: Analyst team rating 5/5 · 4 named leaders on record
rank vs industry peers · Fliar Intelligence Index 74/100
$11M
FY2025
$2.0B6442011PHPSalesforceYouTube+26——
15Greenew Urja
Renewable energy company offering hydro, wind, solar, and pumped storage power solutions.
$5M
FY2025
——2021———
16EDCL
Developer of hydropower and wind power projects, provider of related consultancy services
$5M
FY2023
$42K271995WordPressMySQLPHP+8——
17Atria Power
Producer of renewable energy
$5M
FY2025
$9M241999———
18Dodson Lindblom Hydro Power
Provider of hydro electric power generation services
$4M
FY2021
—39————
19Teesta Urja
Limited information available
$4M
FY2025
——2005———
20Jayshree Chemicals
Manufacturer of chlor alkali solutions
$2M
FY2025
—231962PleskNginxjQuery——
21Geppert
Geppert – Empowering Everyone. Everywhere
$1M
FY2022
—9—WordPressMySQLPHP+14——
22DMR
Developer of hydro energy projects
$1M
FY2025
—392009WordPressMySQLPHP+27——
23Shalivahana Green Energy
Biomass power generation
$1M
FY2024
$82M851992———
24Soham Renewable Energy
Small hydel power plant operator
$1M
FY2023
$43M231991PHPYouTubeBootstrap+7——
25Amtech Power
Developer of nuclear energy projects
$828K
FY2025
——1997———
26MACLEC
Provider of electrical and mechanical engineering, construction, and maintenance services
$434K
FY2025
——2008PHPYouTubeBootstrap+16——

Top 12 Hydro Power companies in India

#1
ReNew 🦄
Public · Gurugram, Haryana · founded 2011 · 644 employees
$2Braised
▾

Developer of wind & solar energy, hybrid, and hydro power projects. The company develops and operates utility-scale wind, solar, and hydropower projects. It offers net-zero solutions for corporates, including power purchase agreements, green credits, energy management, storage, and green hydrogen. The company also manufactures solar PV products and provides transmission infrastructure.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 15%
Talent
top 22%
Tech
top 26%
Moat
top 30%
Market
top 40%
Growth
top 45%
Funding: Raised $2.0B across 26 rounds · 26 rounds over 15 yrs (1.7/yr) · Last round Post IPO (Mar 2026)
Talent: Analyst team rating 5/5 · 4 named leaders on record · 4 C-suite/founder profiles curated
Tech: 56 technologies across 6/8 capability areas · Cloud: Akamai, Amazon S3 · Devops: Nginx
Funding rounds
  • Mar 2026Post IPO$95M
  • May 2025Post IPO$103.3M
  • Jan 2024Conventional Debt$84.2M
  • Jan 2021Conventional Debt$460M
Founders & team
Sumant SinhaFounderVaishali Nigam SinhaCo Founder and Chairperson SustainabilityKailash VaswaniCo-Founder & Chief Financial Officer
Investors
CPP Investments, Goldman Sachs, Yes Bank, SBI, Larsen Toubro, ADIA
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAhrefs
#2
Series F · Hyderabad, Telangana · founded 2006 · 5 employees
$942.8Mraised
▾

Provider of energy transition and decarbonization solutions. Its portfolio includes GHG mitigation, climate risk management, nature conservation, and circular economic approaches to promote environmental stewardship. It has built a portfolio of wind, solar, hydropower, natural gas, and biomass assets within India and plans to expand by developing new greenfield assets.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 18%
Product
top 18%
Innovation
top 20%
Moat
top 34%
Fin. health
top 35%
Talent
top 38%
Funding: Raised $943M across 16 rounds · 16 rounds over 17 yrs (0.9/yr) · Last round Post IPO (Jul 2025)
Product: 4 distinct product lines · Company stage: Series F
Innovation: 4 product lines
Audience (LinkedIn): 87k LinkedIn followers — 5.4% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Jul 2025Post IPO—
  • Mar 2023Post IPO$700M
  • Sep 2020Post IPO$980M
  • Feb 2019Post IPO$550M
Founders & team
Anil kumar ChalamalasettyCo-FounderMahesh KolliCo-Founder
Investors
GIC, ORIX, ADIA, General Electric, GE Capital, Pierfront Capital
Tech stack
Animate.CssApache Http ServerBootstrapCdnjsCloudflareFont Awesome
#3
Series C · Noida, Uttar Pradesh · founded 2006 · 5 employees
$229.9Mraised
▾

Bhilwara Energy is a part of the LNJ Bhilwara Group. The company owns and operates hydel power assets in India and Nepal and is planning a foray into geothermal and solar energy. Holds 51 stake in power consultancy firm Indo-Canadian Consultancy Services - a joint venture with RSW Inc. of Canada. As of Jan 2013, IFC provided 7.5 million in debt funding to develop its 20 MW wind power project under LNJ Power Ventures Ltd in Jaisalmer, Rajasthan. They also hold a 51 equity stake in Malana Power Company, a joint venture with Statkraft, Norway which owns and operates the Allain Duhangan hydropower project.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Moat
top 18%
Innovation
top 20%
Product
top 25%
Funding
top 33%
Growth
top 36%
News
top 36%
Moat: Top 14% by revenue among 57 tracked Hydro Power companies · Editorial + unicorn rating 8/10 · Soonicorn
Innovation: 10 product lines
Product: 10 distinct product lines · Company stage: Series C
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
  • Mar 2025Series C$57.4M
  • Jul 2014Series B$5.4M
  • Jun 2013Series B$16.2M
  • Jan 2013Conventional Debt$7.5M
Investors
HEG, RSWM, Purvi Vanijya Niyojan, Bharatinvestment, LNJ Bhilwara Group, IFC
Tech stack
Apache Http ServerBootstrapContact Form 7Core-JsElementorFont Awesome
#4
Seed · Siliguri, West Bengal · founded 2003 · 88 employees
$43.2Mraised
▾

Gati Infrastructure is a subsidiary of Amrit Jal Ventures. The company has signed an agreement with the Sikkim government to implement 3 hydro projects with aggregate capacity of 265 MW on the basis BOOT model. The company commissioned its first 110MW hydro electric plant on 2nd may 2013. Two other projects in Sikkim are 54 MW Bhasmey Hydro Electric Project and 71 MW Sada Mangder Project. The Group has a Coal Mining Project with local partnership in Indonesia and 1 MW Solar Power Project which was commissioned in March 7, 2012 near Ananthapur in Andhra Pradesh .

Funding rounds
  • Nov 2022Seed$200K
  • Jul 2013Seed$2.3M
Investors
GE Capital, Jayam Vyapaar, Frigid Vyapaar, Anam Marcantile, Jaishwar Commercial, Prism Commercial
#5
Series B · Hyderabad, Telangana · founded 1985 · 87 employees
$188Mraised
▾

Developer of renewable energy solutions using wind, hydel, and solar power. This company develops and implements projects across various renewable energy sectors. They focus on harnessing the power of wind, water, and sunlight to generate clean energy. The company's expertise spans the entire project lifecycle, from initial feasibility studies to construction and ongoing maintenance. Their offerings are tailored to meet diverse energy needs, contributing to a sustainable energy future.

Funding rounds
  • Aug 2014Series B$11.4M
  • May 2013PE$5M
  • May 2013PE$62.3M
  • Apr 2013PE$41.7M
Founders & team
Kalyan KorimerlaCEO
Investors
DEG, Proparco, GS Group, FE Global Clean Energy, IFC, Asia Clean Energy Forum
Tech stack
Apache Http ServerBootstrapFlexsliderGodaddyGoogle Font ApiHostinger
#6
Series B · Gurugram, Haryana · founded 2005 · 1 employees
$64Mraised
▾

Developer and operator of hydroelectric power plants. This company constructs, owns, and operates these facilities, generating renewable energy. The focus is on sustainable power generation and integration with local communities. Projects are developed with a commitment to responsible environmental practices.

Funding rounds
  • Mar 2013PE$45M
  • Dec 2012Series B$8.8M
  • Aug 2012PE$19M
  • Jul 2012Series B$1.7M
Founders & team
Ananth VybhavCo-Founder & DirectorNagendra RaoCEO & MD
Investors
Equis, Eigen Ventures, Worldpanasia, Green Energy Distribution
Tech stack
CdnjsCloudflareFont AwesomeHostingerHttp/3Jquery
#7
Late Stage · Secunderabad, Telangana · founded 1992 · 85 employees
$82.1Mraised
▾

Claims to be India's largest biomass energy producer. Has an operational capacity of 88MW of biomass (agri-waste) based plants and 7 MW of hydro power plants. Plans to achieve an operational capacity of 250 MW by 2016 with a balanced portfolio of agri-waste, small hydro and wind based capacity.

Investors
IFC, AMP Capital, Infrastructure Leasing & Financial Services, Axis Bank, Yeshaswi Infrastructures, Swaraj Financial Investment
Tech stack
Apache Http ServerJquery
#8
Acquired · Hyderabad, Telangana · founded 2001 · 3 employees
$71.5Mraised
▾

KSK Power Venture is a power project development company listed on the Alternate Investment Market (AIM) of the London Stock Exchange. KSK operates in India through its downstream subsidiary, KSK Energy Ventures Limited which is listed on the National Stock Exchange and Bombay Stock Exchange in India. The company produces power for its 10MW solar farm at Rajasthan and is planning to set up a 50MW farm in Tamil Nadu. KSK Power also has an installed hydel capacity of over 2000MW and is planning to enter the wind segment. The company raised $67.5m through QIP in which lehman brothers were one of the investors.

Funding rounds
  • Jun 2014PE$67.5M
  • Jan 2014PE$4M
Founders & team
T L SankarChairman & CEO
Investors
Lehman Brothers, GMO
Tech stack
CloudflareCloudflare Browser InsightsHttp/3IisMicrosoft Asp.NetPlesk
#9
Deadpooled · Khargone, Madhya Pradesh · founded 1993
$72.3Mraised
▾

Hydel power producer

Founders & team
Arun Kumar BahadurCEO & MD
Investors
PFC, Infrastructure India, Kaupthing
#10
Deadpooled · Chennai, Tamil Nadu · founded 2005 · 70 employees
$58Mraised
▾

Auro Mira Energy generates power from renewable sources like biomass, hydro and wind. Plans to invest over $500 M to develop, own and operate over 250-300MW in clean energy in the next 2-3 years. AME is also into the development of energy plantations under the contract farming model targeting over 15,000 acres in the next 3 years. The company is deadpooled.

Funding rounds
  • Oct 2010Series B$21M
  • Jun 2006Series B$50M
Founders & team
N SrinivasanFounder
Investors
IFC, ePlanet Ventures, Aureos South Asia Fund, Baring Private Equity Partners, The Abraaj Group, Norfund
#11
Series B · Bengaluru, Karnataka · founded 1991 · 23 employees
$43.3Mraised
▾

Soham has built and continues to operate India's largest hydro power plant in the small hydro private sector. Plans to de-risk itself from various rainfall patterns by acquiring projects in different states including Arunachal Pradesh, Meghalaya, Uttaranchal, Chattisgarh, Maharashtra, Kerala and Orissa. Also, to de-risk itself from a single fuel source, the company is actively scouting for wind and biomass projects.

Founders & team
Suchindra ShettyCo-FounderShruti ShettyCo-FounderSujatha ShettyCo-Founder
Investors
The D. E. Shaw Group, FE Global Clean Energy, Macquarie, Silverjubilee Trading and Marketing, Encon Systems, D. E. SHAW INDIA
Tech stack
BootstrapFont AwesomeGoogle AnalyticsHostingerHttp/3Jquery
#12
Series B · Bengaluru, Karnataka · founded 1999 · 24 employees
$8.6Mraised
▾

Producer of renewable energy. It offers a range of clean energy solutions, including wind, solar, hybrid, and power trading. The company specializes in long-term and short-term energy supply options, solar rooftop installations, and demand-side energy management services. It contributes to a cleaner environment and reduces greenhouse gas emissions. Also helps in mitigating climate change and promoting sustainable development.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers
Funding rounds
  • 2016Conventional Debt$113.2M
  • Jul 2014Series B—
  • Jun 2013Series A$8.6M
  • Conventional Debt—
Founders & team
Rayudu MannamChief Executive Officer
Investors
Piramal Group, GE Capital, BanyanTree Finance
Tech stack
Cart FunctionalityWordpressMysqlPhpWpbakeryWoocommerce

Funding & investor landscape

$3.8Btotal disclosed funding
13companies funded
68disclosed rounds
0rounds last 90 days
Most active investors
IFC4 rounds
FE Global Clean Energy3 rounds
GE Capital3 rounds
ADIA2 rounds
Asian Development Bank2 rounds
BlackRock2 rounds
Global Environment Fund2 rounds
Goldman Sachs2 rounds
Piramal Group2 rounds
Standard Chartered2 rounds

Notable founders

Sumant Sinha
Founder · ReNew
Vaishali Nigam Sinha
Co Founder and Chairperson Sustainability · ReNew
Anil kumar Chalamalasetty
Co-Founder · Greenko Group
Mahesh Kolli
Co-Founder · Greenko Group
Kalyan Korimerla
CEO · NSL Renewable Power
Ananth Vybhav
Co-Founder & Director · Dans Energy
Nagendra Rao
CEO & MD · Dans Energy
T L Sankar
Chairman & CEO · KSK Power Venture
Arun Kumar Bahadur
CEO & MD · Shree Maheshwar Hydel Power
N Srinivasan
Founder · Auro Mira Energy
Suchindra Shetty
Co-Founder · Soham Renewable Energy
Shruti Shetty
Co-Founder · Soham Renewable Energy
Prism market signals · India · country-scoped Prism corpus, 5,517,789 docs

Market landscape — 10 sub-themes by coverage

Share of Hydro Power coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Hydro Power companies are there in India?
Radar tracks 78 indexable Hydro Power companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Hydro Power companies in India?
The Hydro Power companies in India on this list have raised a combined $3.8B in disclosed equity funding across 13 funded companies.
Which is the highest-funded Hydro Power company in India?
ReNew is the highest-funded Hydro Power company in India, with $2B in disclosed equity funding.
How many Hydro Power companies in India are funded?
13 of the 78 Hydro Power companies in India on this list have disclosed at least one equity funding round.
How many Hydro Power unicorns are there in India?
1 Hydro Power company in India on this list is valued at $1B or more.
Who are the top investors in India Hydro Power companies?
The most active investors in India Hydro Power companies on this list include IFC, FE Global Clean Energy, GE Capital, ADIA, Asian Development Bank.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

Coming soon