Company lists
The Maharashtra edition · 2026

Wind energycompanies in Maharashtra

Turbine makers, developers, solar & hybrid, hydro & other, consulting & services and more: the companies building wind energy in Maharashtra, with their founders, funding, team size and business models.

55 company profiles33 with reported revenue7 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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: 187 Contracts · 47 M&A deals · 12 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 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 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

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

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 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 Maharashtra, by revenue

Browse wind energy companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 33 companies below are the largest by their most recent reported revenue among 33 wind energy companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 33

Wind turbine manufacturer

Wind energy
₹10,993.13 crFY 2024-25
+67%2024–2025
9,829+5% 12 mo to Mar 2024LinkedIn · Oct 2026
31 yr1995
0none in 3 months · 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

Manufacturer generator for wind energy

Wind energy
₹2,711.13 crFY 2024-25
+15%2024–2025
1,208+1% 12 mo to Jul 2024LinkedIn · Oct 2026
42 yr1984
0none in 3 months

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 · Oct 2026
31 yr1995
1postings · last posted Sep 2026

Developer of solar energy projects

Solar energy
₹1,610.34 crFY 2024-25
Not reported
1,045+20% 12 mo to Jun 2024LinkedIn · Oct 2026
15 yr2011
0none in 3 months

Renewable energy power based IPP

Wind energy
₹308.74 crFY 2023-24
-90%2023–2024
42-3% 12 mo to Jun 2023LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Developer of wind, solar, hybrid, and green hydrogen energy projects

Solar energy
₹307.36 crFY 2024-25
Not reported
168-16% 12 mo to Aug 2023LinkedIn · Jul 2026
7 yr2019
1postings · last posted Sep 2026

Provider of solar and wind energy solutions in India for commercial, industrial, and utility clients

Wind energy
₹207.97 crFY 2024-25
-1%2024–2025
—Not available
7 yr2019
0none in 3 months · last posted Jun 2026

Provider of independent power generation services

Solar energy
₹180.07 crFY 2024-25
+1%2024–2025
15+4% 12 mo to Jun 2023LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Developer of wind energy projects

Wind energy
₹77.53 crFY 2024-25
-48%2024–2025
78recorded
31 yr1995
0none in 3 months

Developer of solar and wind energy projects

Wind energy
₹69.77 crFY 2024-25
+3%2024–2025
30LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Developer of solar & wind energy projects

Wind energy
₹62.61 crFY 2024-25
+141%2024–2025
62LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted May 2026

Developer of commercial properties

Real estate & infrastructure developers
₹60.13 crFY 2023-24
Not reported
3+50% 12 mo to Sep 2024recorded Sep 2024
62 yr1964
—No postings tracked

IPP in wind sector

Wind energy
₹55.86 crFY 2023-24
-3%2023–2024
5LinkedIn · Jul 2026
16 yr2010
0none in 3 months

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

Management consulting services
SGD 8.95mFY 2022-23
Not reported
272LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Solar and wind power generator

Solar energy
₹48.43 crFY 2022-23
Not reported
117-50% 12 mo to Jan 2024LinkedIn · Oct 2026
47 yr1979
—No postings tracked

Metal trading and wind power EPC company

Wind energy
₹14.77 crFY 2024-25
-12%2024–2025
5-95% 12 mo to Mar 2024LinkedIn · Oct 2026
32 yr1994
0none in 3 months

A leading renewable energy company developing and operating large-scale projects

Wind energy
₹13.66 crFY 2024-25
+17%2024–2025
12LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Developer of renewable energy projects

Wind energy
₹11.44 crFY 2024-25
-14%2024–2025
8-9% 12 mo to Aug 2024LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Limited information available

Wind energy
₹8.27 crFY 2022-23
Not reported
4-76% 12 mo to Mar 2019recorded Mar 2019
46 yr1980
—No postings tracked

Platform for mapping renewable energy generation assets

Investment tech
₹7.50 crFY 2024-25
+48%2024–2025
127LinkedIn · Jul 2026
13 yr2013
4postings · last posted Sep 2026

Renewable energy solutions provider specializing in solar and wind energy projects for commercial and industrial clients

Wind energy
₹3.87 crFY 2024-25
+59%2024–2025
—Not available
3 yr2023
0none in 3 months

Developer of renewable energy projects for commercial and industrial consumers

Solar energy
₹3.72 crFY 2024-25
+466%2024–2025
49LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2025

Manufacturer and supplier of renewable energy and energy efficiency products

Wind energy
₹3.09 crFY 2023-24
Not reported
1LinkedIn · Oct 2026
35 yr1991
0none in 3 months

Manufactures small wind turbines

Wind energy
₹3.14 crFY 2024-25
+19%2024–2025
—Not available
39 yr1987
0none in 3 months
33 of 55 companies shown here · the full list is on Radar
Fliar Radar

Explore all 55 wind energy companies in Maharashtra on Radar

This page shows the top 33. Radar has the complete, filterable list with contacts and live company signals.

Open wind energy in Maharashtra on Radar
  • Every company, not just 50All 55 wind energy companies in Maharashtra, 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 Maharashtra by what you are looking for

Find wind energy companies in Maharashtra, from wind turbine manufacturers to wind farm developers and power producers. Browse top wind energy companies and wind energy startups in Maharashtra by what they do.

8 ways to explore wind energy in Maharashtra

Wind turbine & equipment manufacturersWind farm developers & power producersSolar & hybrid renewable energy companiesHydro, bioenergy & other renewable powerEnergy consulting & project servicesWind energy startups in Maharashtra

Wind turbine & equipment manufacturers

Companies that make wind turbines, generators and related components.

  1. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  2. Powerica

    Manufacturer generator for wind energy

    Wind energy
    See in list
  3. DN Wind Systems India

    Provides heavy fabrication and manufacturing solutions for the wind energy industry, utilizing advanced technology and equipment to produce high-quality products

    Wind energy
    Website
  4. Unitron Energy

    Manufactures small wind turbines

    Wind energy
    See in list
  5. Wind World India

    Wind Energy Converter manufacturers

    Wind energy
    Website

Wind farm developers & power producers

Developers and independent power producers that build and operate wind farms.

  1. Tata Power Renewable Energy

    Developer of large-scale renewable energy projects

    Solar energy
    See in list
  2. Skeiron

    Wind power producer and solar project developer

    Solar energy
    Website
  3. ETCTL

    Developer of wind energy projects

    Wind energy
    See in list
  4. AMJ Land

    Developer of commercial properties

    Real estate & infrastructure developers
    See in list
  5. Ushdev Power

    IPP in wind sector

    Wind energy
    See in list

Solar & hybrid renewable energy companies

Companies that combine wind with solar and hybrid renewable power projects.

  1. CleanMax

    Developer of solar energy projects

    Solar energy
    See in list
  2. Skeiron

    Wind power producer and solar project developer

    Solar energy
    Website
  3. Epic Energy

    Manufacturer and supplier of renewable energy and energy efficiency products

    Wind energy
    See in list
  4. WinSun Green

    Provider of wind & solar energy and maintenance solutions

    Wind energy
    Website
  5. Tata Power Renewable Energy

    Developer of large-scale renewable energy projects

    Solar energy
    See in list

Hydro, bioenergy & other renewable power

Producers of hydroelectric, bioenergy and other clean power.

  1. Warana Power

    Producer and distributor of hydroelectric power

    Hydro power
    Website
  2. Artha Energy Resources

    Platform for mapping renewable energy generation assets

    Investment tech
    See in list
  3. Wudmin

    Provider of energy education, solutions, project finance, and expert consultation

    Hydro power
    See in list
  4. Excelsis

    Developer of solar and wind energy projects

    Wind energy
    See in list

Energy consulting & project services

Consultants and service providers that support renewable energy projects.

  1. Apraava

    Provider of integrated energy solutions

    Solar energy
    Website
  2. Alfa Infraprop

    Developer of solar and wind energy projects

    Wind energy
    See in list
  3. Sorigin

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

    Management consulting services
    See in list
  4. Ushdev International

    Metal trading and wind power EPC company

    Wind energy
    See in list
  5. Limpid Technologies

    Manufacturer of multi-scale wind turbines

    Wind energy
    Website

Wind energy startups in Maharashtra

Newer wind energy companies founded in Maharashtra in recent years.

  1. Sorigin

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

    Management consulting services
    See in list
  2. ArthaWind Share

    Renewable energy solutions provider specializing in solar and wind energy projects for commercial and industrial clients

    Wind energy
    See in list
  3. Enispect

    Renewable energy and building consulting firm that provides energy audit and consulting services to clients

    Wind energy
    Website
3 companies in Maharashtra

Wind energy companies hiring in Maharashtra

Wind energy companies in Maharashtra that are currently hiring.

  1. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  2. Apraava

    Provider of integrated energy solutions

    Solar energy
    Website
  3. Agarwal Industrial

    Manufacturer and transporter of Bitumen and LPG

    Manufacturing services
    See in list
  4. Viviid Renewables

    Developer of wind, solar, hybrid, and green hydrogen energy projects

    Solar energy
    See in list
  5. Brookfield Renewable

    Provider of solar and wind energy solutions in India for commercial, industrial, and utility clients

    Wind energy
    See in list
7 companies in Maharashtra

Listed wind energy companies in Maharashtra

Publicly listed wind energy companies based in Maharashtra.

  1. Suzlon

    Wind turbine manufacturer

    Wind energy
    See in list
  2. Powerica

    Manufacturer generator for wind energy

    Wind energy
    See in list
  3. Agarwal Industrial

    Manufacturer and transporter of Bitumen and LPG

    Manufacturing services
    See in list
  4. CleanMax

    Developer of solar energy projects

    Solar energy
    See in list
  5. ETCTL

    Developer of wind energy projects

    Wind energy
    See in list
11 companies in Maharashtra
Mobile reach

Top 3 wind energy apps from Maharashtra

The most-installed Android apps published by wind energy companies headquartered in Maharashtra — 354K installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
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
3

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 Maharashtra

Revenue, profit and growth from the filed annual accounts of 27 wind energy companies in Maharashtra for FY24-25 — 34 of the 55 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 96% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹28,365.52 cr

27 companies filing accounts

combined net profit₹2,798.46 cr

9.9% aggregate margin

are profitable67%

18 of 27 companies

median revenue~₹36.1 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five96%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,327.29 crFY19-2026 filers
₹4,867.91 crFY20-2127 filers
₹9,335.88 crFY21-2228 filers
₹13,534.44 crFY22-2330 filers
₹25,418.06 crFY23-2430 filers
₹28,365.52 crFY24-2527 filers

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

Like-for-like

The same 25 companies over three years

+164%
FY22-23₹10,657.53 cr₹2,434.34 cr net
FY23-24₹25,366.93 cr₹2,048.99 cr net
FY24-25₹28,105.08 cr₹2,795.62 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 cr30% profitable
₹1–10 cr580% profitable
₹10–100 cr1164% profitable
₹100–1,000 cr475% profitable
Over ₹1,000 cr4100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking10
0–20%7
20–50%3
50–100%4
Doubled+3

27 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

18profitable
9loss-making
9.9%aggregate margin
2.9%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
ContinualCONTINUAL RENEWABLE ENERGY PRIVATE LIMITED+141%₹62.61 cr
Viviid RenewablesVIVIID RENEWABLES PRIVATE LIMITED+97%₹307.36 cr
AMJ LandAMJ LAND HOLDINGS LIMITED+81%₹26.75 cr
SuzlonSUZLON ENERGY LIMITED+74%₹10,300.03 cr
SoriginSORIGIN SERVICES PRIVATE LIMITED+40%₹17.18 cr
Veer Energy & InfrastructureVEER ENERGY & INFRASTRUCTURE LIMITED+17%₹13.66 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AMJ LandAMJ LAND HOLDINGS LIMITED74.7%₹26.75 cr
KirloskarKIRLOSKAR INDUSTRIES LIMITED65.0%₹120.57 cr
ETCTLEmkay Taps And Cutting Tools Limited34.6%₹77.53 cr
SuzlonSUZLON ENERGY LIMITED20.4%₹10,300.03 cr
Karma EnergyKARMA ENERGY LIMITED13.6%₹11.44 cr
ContinualCONTINUAL RENEWABLE ENERGY PRIVATE LIMITED11.6%₹62.61 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Wind energy15₹13,449.07 cr~₹14.8 cr73%16.8%
Solar energy6₹12,770.53 cr~₹145.0 cr50%3.6%
Leaders

Largest wind energy companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
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%
PowericaPOWERICA LIMITED₹2,558.93 cr₹141.68 cr5.5%+9%
Agarwal IndustrialAGARWAL INDUSTRIAL CORPORATION LIMITED₹2,019.49 cr₹53.63 cr2.7%+12%
Viviid RenewablesVIVIID RENEWABLES PRIVATE LIMITED₹307.36 cr₹23.24 cr7.6%+97%
Oyster Renewable EnergyOYSTER RENEWABLE ENERGY PRIVATE LIMITED₹243.27 cr₹2.96 cr1.2%>10×
Brookfield RenewableABC RENEWABLE ENERGY (RJ-01) PRIVATE LIMITED₹207.97 cr−₹86.60 cr-41.6%-1%
KirloskarKIRLOSKAR INDUSTRIES LIMITED₹120.57 cr₹78.32 cr65.0%-10%
ETCTLEmkay Taps And Cutting Tools Limited₹77.53 cr₹26.82 cr34.6%-48%
Warana PowerURJANKUR SHREE TATYASAHEB KORE WARANA POWER COMPANY LIMITED₹73.33 cr₹76.50 lakh-1%
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.

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 Maharashtra 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 Maharashtra

7 wind energy companies in Maharashtra have recorded equity funding, US$1.21bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind wind energy companies in Maharashtra. 34 of 55 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra wind energy companies by sub-sector

The most common specialisations among wind energy companies in Maharashtra. 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