Company lists
The India edition · 2026

Wind energycompanies in India

Turbine makers, project developers, power producers, wind & solar hybrid, O&M & services and more: the companies building wind energy in India, with their founders, funding, team size and business models.

277 company profiles148 with reported revenue27 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent wind energy business events in India

Funding, M&A, contract wins and launches involving 375 wind energy companies in India, last 24 months: 194 Contracts · 47 M&A deals · 13 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
M&AAcquisition · Announced

JSW Energy acquires Toshiba Jsw Power Systems

JSW Energy has executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS), by way of a secondary purchase of equity shares from Toshiba…

Energy
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

Inox Clean Energy Limited has completed the acquisition of Vibrant Energy, a Macquarie-backed renewable independent power producer focused on the commercial and industrial (C&I) segment.…

Renewable independent power producer
ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

It then went on to acquire Macquarie-owned Vibrant Energy, an Indian renewable energy company that supplies electricity to Amazon’s establishments in the country.

Renewable Energy
M&AAcquisition · Pending

National Investment and Infrastructure Fund (NIIF) acquires Sprng energy

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…

Renewable Power / Energy
M&AAcquisition · Completed

Shell Group acquires Sprng energy

Shell Group acquired Sprng as part of a global clean energy pivot for $1.55 billion in 2022.

Renewable Energy
ContractInfrastructure

Refex industries · client: National Highways Authority of India

Refex Industries Limited has secured a significant contract valued at approximately ₹32.45 crore, including GST, for the transportation of pond ash to NHAI PWD road construction sites.

Infrastructure
ContractSupply

Fourth partner energy · client: Hyundai motor group

Fourth Partner Energy has expanded its partnership with Hyundai Motor Group through a new agreement to supply 28 MW of renewable energy from a wind-solar hybrid project in Tamil Nadu.

ContractSupply

Refex industries · client: Na

Refex Industries Limited has secured a significant order valued at approximately ₹70.2 crore for the supply of bulk industrial commodities.

Steel sector
ContractSupply

Diamond Power Infrastructure · client: Adani green energy

Diamond Power Infrastructure has announced the receipt of a letter of intent from Adani Green Energy Limited for the supply of cables. The order is valued at ₹19,57,11,313, inclusive of…

Energy
ContractSupply

Serentica renewables · client: Cairn Oil & Gas

Cairn Oil & Gas, part of the Vedanta Group, has started sourcing 25 MW of renewable hybrid power from Serentica Renewables for its Barmer oil field in Rajasthan.

Energy
ContractSupply

Serentica renewables · client: Sanathan Polycot

Serentica Renewables has inked a deal with Sanathan Polycot to provide 32 MW of hybrid renewable energy.

ContractSupply

Oriana power · client: Solar Energy Corporation of India (SECI)

ACME Cleantech, NTPC Renewable Energy, Jakson Green and Oriana Power were among the companies that on Monday signed 10-year binding green ammonia supply agreements with the Solar Energy…

Energy / Fertiliser
ContractInfrastructure

K.P. Energy · client: Jk paper

K.P. Energy has secured a 91.4 MW wind-solar hybrid power project from JK Paper, marking a significant addition to its renewable portfolio.

Renewable Energy
ContractSupply

Suzlon Group · client: Gas Authority of India Ltd (GAIL)

Suzlon Group on Tuesday said it has secured its sixth wind energy project of 100 MW from state-run Gas Authority of India Ltd (GAIL).

Renewable Energy
ContractSupply

Suzlon energy · client: Gail

Suzlon Energy said that this the fourth PSU order that the company has won in financial year 2026, and that the power generated from this project will support the decarbonization of…

Renewable Energy
M&AAcquisition · Completed

Refex Holding Private Limited acquires Refex industries

Refex Industries Limited has disclosed the acquisition of 1,00,000 equity shares by its promoter entity Refex Holding Private Limited through an open market purchase.

Industries
M&AAcquisition · Pending

Aboitiz Power acquires Fourth partner energy

Manila‑based Aboitiz Power is in talks to acquire a majority stake in Fourth Partner Energy

Energy
M&AAcquisition · Announced

Inox Green acquires Wind World India

INOXGFL Group, has emerged as a successful bidder for the acquisition of the IPP and O&M businesses of Wind World India through the National Company Law Tribunal (NCLT)-approved…

Renewable Energy
M&AAcquisition · Completed

Inox Clean Energy acquires Vibrant energy

Inox Clean Energy acquired Vibrant Energy from Macquarie for about $200 million.

Renewable Energy
M&AAcquisition · Announced

Inox Clean Energy acquires Wind World India

INOXGFL Group on Thursday said it has emerged as the successful bidder for the acquisition of the IPP and O&M businesses of Wind World India through an NCLT-approved resolution process.

Independent Power Producer
M&AAcquisition · Announced

Inox green energy services acquires Wind World India

At the same time, Inox Green Energy Services will take over Wind World India’s O&M business, strengthening its presence in the renewable asset management space.

Operations & Maintenance
M&AAcquisition · Announced

INOXGFL Group acquires Wind World India

Noida-headquartered INOXGFL Group has emerged as the successful bidder for the acquisition of Wind World India’s Independent Power Producer (IPP) and Operations & Maintenance (O&M) arms.

Energy
M&AAcquisition · Announced

Inox Neo Energies acquires Wind World India

Inox Clean Energy Limited, the group’s renewable energy platform focused on developing, owning and operating utility-scale wind, solar and hybrid assets, will acquire Wind World India’s…

Wind Power Generation
M&AAcquisition · Announced

Inox Clean acquires Wind World India

INOXGFL Group has won the bid to acquire Wind World India’s Independent Power Producer (IPP) and Operations & Maintenance (O&M) businesses through a National Company Law Tribunal…

Renewable Energy
M&AAcquisition · Completed

Dr. Bondada Raghavendra Rao acquires Bondada Engineering

Dr. Bondada Raghavendra Rao purchased 2,200 equity shares through open market transactions on February 13, 2026.

ContractTechnology

Oriana power · client: Gujarat Urja Vikas Nigam

Other winning bidders for this project included Oriana Power, which won the bid at Rs 2,16,000.

Energy
ContractService

Adani green energy · client: Kpi green energy

The contracts have been awarded by Adani Green Energy Six Limited and Adani Green Energy Limited. Under the service and purchase orders, KPI Green Energy will carry out detailed…

Renewable energy

Wind energy companies in India, by revenue

Browse wind energy companies in India 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 148 wind energy companies in India 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

Independent power producer from renewable energy sources

Solar energy
₹12,422.00 crFY 2024-25
+18%2024–2025
3,501-26% 12 mo to Jul 2024LinkedIn · Jul 2026
14 yr2012
5postings · last posted Sep 2026

Wind turbine manufacturer

Wind energy
₹10,993.13 crFY 2024-25
+67%2024–2025
9,559+5% 12 mo to Mar 2024LinkedIn · Jul 2026
31 yr1995
1postings · last posted Jul 2026

Developer of large-scale renewable energy projects

Solar energy
₹10,046.02 crFY 2024-25
-3%2024–2025
2,877+1% 12 mo to Nov 2023recorded Nov 2023
19 yr2007
0none in 3 months

Developer of solar and wind energy projects

Wind energy
₹5,936.37 crFY 2024-25
+119%2024–2025
124+288% 12 mo to Sep 2024recorded Sep 2024
41 yr1985
0none in 3 months

Provider of paper recycling services

Solar energy
₹5,034.19 crFY 2024-25
-19%2024–2025
59-3% 12 mo to Feb 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Jun 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 energy transition and decarbonization solutions

Solar energy
₹2,925.73 crFY 2024-25
+13%2024–2025
2,995-99% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer generator for wind energy

Wind energy
₹2,711.13 crFY 2024-25
+15%2024–2025
1,189+1% 12 mo to Jul 2024LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Provider of wind and solar power project development services

Solar energy
₹2,441.18 crFY 2022-23
+27%2022–2023
228-17% 12 mo to Feb 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of refrigerant gases, ash management, green mobility, and power solutions

Industrial gases
₹2,518.02 crFY 2024-25
+80%2024–2025
98-30% 12 mo to Mar 2023recorded Mar 2023
24 yr2002
0none in 3 months · last posted Jan 2025

Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

Wind energy
₹2,385.13 crFY 2023-24
+348%2023–2024
370+408% 12 mo to Sep 2023LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jan 2025

Manufacturer and transporter of Bitumen and LPG

Manufacturing services
₹2,409.47 crFY 2024-25
+13%2024–2025
6+27% 12 mo to Mar 2023LinkedIn · Jul 2026
31 yr1995
1postings · last posted Sep 2026

Wind power generation and EPC services in wind sector

Wind energy
₹1,638.49 crFY 2023-24
Not reported
1-4% 12 mo to Mar 2023LinkedIn · Jul 2026
63 yr1963
—No postings tracked

Developer of solar energy projects

Solar energy
₹1,610.34 crFY 2024-25
Not reported
986+20% 12 mo to Jun 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Engineering services company with a focus on telecom infrastructural solutions

Telecom infrastructure
₹1,579.75 crFY 2024-25
+97%2024–2025
175recorded
14 yr2012
0none in 3 months

Provider of solar energy services and products

Nuclear energy
₹1,013.92 crFY 2024-25
+3%2024–2025
88LinkedIn · Jul 2026
45 yr1981
0none in 3 months

Wind Energy EPC provider

Wind energy
₹958.45 crFY 2024-25
+97%2024–2025
183+6% 12 mo to Mar 2023recorded Mar 2023
32 yr1994
0none in 3 months

Provider of renewable energy production services

Wind energy
₹791.18 crFY 2021-22
-7%2021–2022
2+0% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Provider of commercial solar installations and hybrid energy solutions

Wind energy
₹859.48 crFY 2024-25
+37%2024–2025
556LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026

Renewable energy company specializing in engineering, procurement, and construction services for solar, wind, and hybrid power systems

Solar energy
₹857.36 crFY 2024-25
-32%2024–2025
275LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Provider of EPC and O&M solutions provider for grid-connected solar power plants

Wind energy
₹827.46 crFY 2023-24
+28%2023–2024
25LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of renewable energy solutions

Solar energy
₹591.54 crFY 2024-25
+52%2024–2025
480+25% 12 mo to Nov 2023LinkedIn · Jul 2026
10 yr2016
8postings · last posted Sep 2026

Developer of wind and solar energy projects

Bioenergy
₹574.30 crFY 2024-25
+78%2024–2025
91-30% 12 mo to Aug 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of solar energy operation and maintenance services

Solar energy
₹446.73 crFY 2023-24
+62%2023–2024
271+51% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Operator of coal beneficiation, transportation, logistics, coal trading, and power generation

Wind energy
₹405.98 crFY 2024-25
+14%2024–2025
117-73% 12 mo to Jun 2023LinkedIn · Jul 2026
28 yr1998
0none in 3 months
50 of 277 companies shown here · the full list is on Radar
Fliar Radar

Explore all 277 wind energy companies in India on Radar

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

Open wind energy in India on Radar
  • Every company, not just 50All 277 wind energy companies in India, 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 wind energy companies in India by what you are looking for

Find the top wind energy companies in India, from wind turbine manufacturers and project developers to independent power producers and service providers. Browse wind energy startups in India, listed wind energy companies and firms that are hiring.

8 ways to explore wind energy in India

Wind turbine manufacturers & component makersWind energy project developersIndependent power producers & utilitiesSolar and wind hybrid energy companiesWind energy operations, maintenance & consulting servicesWind energy startups in India

Wind turbine manufacturers & component makers

Makers of wind turbines, towers, gearboxes and other wind equipment.

  1. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  2. Inoxwind

    Manufactures wind turbine components

    Wind energy
    See in list
  3. ReGen Powertech

    Manufacturer of wind turbines

    Wind energy
    Website
  4. Powerica

    Manufacturer generator for wind energy

    Wind energy
    See in list
  5. Agarwal Industrial

    Manufacturer and transporter of Bitumen and LPG

    Manufacturing services
    See in list

Wind energy project developers

Companies that develop, build and operate wind farms and renewable projects.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  3. Tata Power Renewable Energy

    Developer of large-scale renewable energy projects

    Solar energy
    See in list
  4. Kintech Renewables

    Developer of solar and wind energy projects

    Wind energy
    See in list
  5. Apraava

    Provider of integrated energy solutions

    Solar energy
    Website

Independent power producers & utilities

Companies generating and selling wind and renewable power at utility scale.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Tata Power Renewable Energy

    Developer of large-scale renewable energy projects

    Solar energy
    See in list
  3. Greenko Group

    Provider of energy transition and decarbonization solutions

    Solar energy
    See in list
  4. Mytrah Energy

    Provider of wind and solar power project development services

    Solar energy
    See in list
  5. Global Coal & Mining

    Operator of coal beneficiation, transportation, logistics, coal trading, and power generation

    Wind energy
    See in list

Solar and wind hybrid energy companies

Companies combining solar, wind and hydro power in hybrid renewable projects.

  1. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  2. Greenko Group

    Provider of energy transition and decarbonization solutions

    Solar energy
    See in list
  3. Mytrah Energy

    Provider of wind and solar power project development services

    Solar energy
    See in list
  4. CleanMax

    Developer of solar energy projects

    Solar energy
    See in list
  5. PES Engineers

    Provider of solar energy services and products

    Nuclear energy
    See in list

Wind energy operations, maintenance & consulting services

Service providers for wind farm O&M, repair, planning and consulting.

  1. Renfra Energy

    Provider of solar energy operation and maintenance services

    Solar energy
    See in list
  2. Remcl

    Developer of wind and solar energy projects

    Wind energy
    See in list
  3. Sorigin

    Provider of business strategy, financing, logistics, and other consulting services

    Management consulting services
    Website
  4. Mekeran Energy

    Provider of solar & wind O&M services

    Wind energy
    Website
  5. Narayana Wind Power

    Windmill operations and maintenance company specializing in providing services for wind energy-related needs using Liftech technology

    Wind energy
    Website

Wind energy startups in India

Newer wind and renewable energy companies founded in recent years.

  1. Sangamam Power

    Developer of renewable energy projects in hydro, solar, and wind power

    Hydro power
    See in list
  2. Serentica Renewables

    Provider of renewable energy solutions for commercial and industrial clients

    Renewable energy tech
    Website
  3. Sorigin

    Provider of business strategy, financing, logistics, and other consulting services

    Management consulting services
    Website
  4. Vayu Shakti Renewable Energy

    Provider of advanced solutions for improved turbine reliability and operator safety, catering to the renewable energy sector

    Wind energy
    Website
  5. Pratt & Whitney

    Provider of renewable energy solutions, agriculture products, and EPC services

    Solar energy
    Website
24 companies in India

Wind energy companies hiring in India

Wind energy companies currently hiring.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  3. Balaji Malts

    Provider of paper recycling services

    Solar energy
    See in list
  4. Refex Group

    Provider of refrigerant gases, ash management, green mobility, and power solutions

    Industrial gases
    See in list
  5. Everrenew

    Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions

    Wind energy
    See in list
13 companies in India

Listed wind energy companies in India

Publicly listed wind energy companies, for those looking at wind energy stocks and share prices.

  1. Adani Green Energy

    Independent power producer from renewable energy sources

    Solar energy
    See in list
  2. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  3. Kintech Renewables

    Developer of solar and wind energy projects

    Wind energy
    See in list
  4. Inoxwind

    Manufactures wind turbine components

    Wind energy
    See in list
  5. Powerica

    Manufacturer generator for wind energy

    Wind energy
    See in list
27 companies in India
Mobile reach

Top 6 wind energy apps from India

The most-installed Android apps published by wind energy companies headquartered in India — 389K installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
1

MEDA Beneficiary

by MEDA

Installs350K
Rating—
Last updatedJan 2026
View on Google Play ↗
MEDA Beneficiary screenshot 1MEDA Beneficiary screenshot 2MEDA Beneficiary screenshot 3MEDA Beneficiary screenshot 4MEDA Beneficiary screenshot 5MEDA Beneficiary screenshot 6
5

SORIGIN FSM OMS

by Sorigin

Installs34
Rating—
Last updatedMay 2026
View on Google Play ↗
SORIGIN FSM OMS screenshot 1SORIGIN FSM OMS screenshot 2SORIGIN FSM OMS screenshot 3SORIGIN FSM OMS screenshot 4SORIGIN FSM OMS screenshot 5SORIGIN FSM OMS screenshot 6
The business behind the activity

Wind energy financials in India

Revenue, profit and growth from the filed annual accounts of 118 wind energy companies in India for FY24-25 — 158 of the 277 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 71% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹72,025.68 cr

118 companies filing accounts

combined net profit₹4,736.88 cr

6.6% aggregate margin

are profitable77%

91 of 118 companies

median revenue~₹23.2 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five71%

revenue concentration

Six-year view

Combined revenue of filing companies

₹13,248.36 crFY19-20114 filers
₹14,778.03 crFY20-21119 filers
₹30,818.60 crFY21-22125 filers
₹38,804.52 crFY22-23135 filers
₹61,208.63 crFY23-24132 filers
₹72,025.68 crFY24-25118 filers

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

Like-for-like

The same 107 companies over three years

+118%
FY22-23₹32,749.82 cr₹1,900.92 cr net
FY23-24₹57,235.44 cr₹1,850.96 cr net
FY24-25₹71,445.15 cr₹4,787.65 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 cr1650% profitable
₹1–10 cr2378% profitable
₹10–100 cr4674% profitable
₹100–1,000 cr2190% profitable
Over ₹1,000 cr12100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking36
0–20%22
20–50%21
50–100%19
Doubled+15

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

Profitability

Profit is concentrated at the top

91profitable
27loss-making
6.6%aggregate margin
3.2%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
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED+687%₹18.58 cr
SB Wind EnergySB WIND ENERGY PRIVATE LIMITED₹24.35 cr
VayuloVAYULO ENERGY PRIVATE LIMITED+150%₹11.66 cr
ContinualCONTINUAL RENEWABLE ENERGY PRIVATE LIMITED+141%₹62.61 cr
InoxwindINOX WIND LIMITED+116%₹3,563.18 cr
Atria PowerATRIA POWER CORPORATION PRIVATE LIMITED+113%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
USEIPLUNITED SUSTAINABLE ENERGY INDIA PRIVATE LIMITED97.3%₹18.58 cr
AMJ LandAMJ LAND HOLDINGS LIMITED74.7%
KirloskarKIRLOSKAR INDUSTRIES LIMITED65.0%₹120.57 cr
WinWindWINWIND POWER ENERGY PRIVATE LIMITED60.4%
RemclREMC LIMITED
GreenergyGREENERGY WIND CORPORATION PRIVATE LIMITED44.3%₹35.36 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Solar energy28₹41,214.62 cr~₹35.7 cr75%3.0%
Wind energy74₹23,197.04 cr~₹18.9 cr80%13.4%
Leaders

Largest wind energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Adani Green EnergyAdani Green Energy Limited₹20,749.00 cr₹654.00 cr3.2%+61%
Tata Power Renewable EnergyTATA POWER RENEWABLE ENERGY LIMITED₹12,137.06 cr₹464.96 cr3.8%-15%
SuzlonSUZLON ENERGY LIMITED₹10,300.03 cr₹2,104.72 cr20.4%+74%
Balaji MaltsBALAJI MALTS PRIVATE LIMITED₹4,395.83 cr₹80.69 cr1.8%-27%
InoxwindINOX WIND LIMITED₹3,563.18 cr₹384.06 cr10.8%+116%
Ampin Energy TransitionAMPIN ENERGY TRANSITION PRIVATE LIMITED₹2,625.75 cr₹82.85 cr3.2%+6%
PowericaPOWERICA LIMITED₹2,558.93 cr₹141.68 cr5.5%+9%
Refex GroupREFEX INDUSTRIES LIMITED₹2,482.52 cr₹189.41 cr7.6%+79%
Agarwal IndustrialAGARWAL INDUSTRIAL CORPORATION LIMITED₹2,019.49 cr₹53.63 cr2.7%+12%
Fourth Partner EnergyFOURTH PARTNER ENERGY PRIVATE LIMITED₹1,971.89 cr₹63.19 cr3.2%+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

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full wind energy landscape of India 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 wind energy landscape of India
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

Wind energy funding and M&A across India

131 recorded equity rounds have gone to 375 wind energy companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$70.97m

equity rounds, last 24 months7

US$166.38m

raised over five yearsUS$2.78bn

39 rounds in India

M&A deals, India47

last 24 months

Capital by year

Equity funding into wind energy in India

amount rounds
$930m20188
$566m20195
$34m20203
$292m20215
$947m20224
$836m202310
$536m202413
$95m20255
$71m20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$946.98m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$877k4 rounds · median US$198k
SeedUS$9.76m5 rounds · median US$528k
Series AUS$21.44m4 rounds · median US$4.18m
Series BUS$103.55m4 rounds · median US$30.64m
Series CUS$167.28m2 rounds · median US$83.64m
Series D+US$1.70bn16 rounds · median US$47.93m
Private equityUS$769.72m4 rounds · median US$175.00m
Where the money went · five years

Most-funded sub-sectors

Solar energyUS$1.34bn18 rounds · 5 companies
Wind energyUS$771.24m11 rounds · 4 companies
Renewable energy techUS$655.30m4 rounds · 2 companies
Investment techUS$11.47m6 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

43Acquisition
4Merger

Most active acquirers

  1. Inox Clean Energy10
  2. JSW Neo Energy Limited3
  3. Aditya birla group2
  4. JSW Energy2
  5. Inox Clean Energy2

Most acquired or merged

  1. Sprng energy10
  2. Wind World India7
  3. Vibrant energy6
  4. O2 power4
  5. Inox Wind3

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

Wind energy funding in India

27 wind energy companies in India have recorded equity funding, US$6.23bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind wind energy companies in India. 140 of 277 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India wind energy companies by sub-sector

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

Keep exploring wind energy in India and nearby markets.

Coming soon