About Avco Energy
Avco Energy is an Energy & Utilities company based in Kolkata (India) founded in 2019. It develops solar energy projects, including design, installation, and operations. It operates on a B2B model. Its Indian entity Avco Power Private Limited reported revenue of ₹117 Cr. Its focus areas include Energy, Renewable Energy, Solar Projects and Design and Installation. Similar companies include Freyr Energy, Fourth Partner Energy and Sterling And Wilson; 3 of its 3 listed similar companies have raised funding.
Company details
Avco Energy, based in Kolkata, focuses on working in the energy sector, promoting renewable energy, solar projects, and design and installation. Develops solar energy projects, including design, installation, and operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Kolkata, India
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website avcoenergy.in
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- Legal Name Avco Power Private Limited
- Date of Incorporation 29 Jun, 2020
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹117 Cr
FY 2025 · +2031% YoY
- Net Profit₹9.49 Cr
FY 2025 · 8% margin
- EBITDA₹13.42 Cr
FY 2025 · 11% margin
Associated legal entities of Avco Energy
Avco Energy operates through Avco Power Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avco Power Private Limited CIN U31100WB2020PTC237724 | Active | 29 Jun 2020 | Kolkata, West Bengal | ₹117 Cr | 5 | 2 | View details |
Board of directors of Avco Power Private Limited (Avco Energy)
Avco Power Private Limited is the primary company behind Avco Energy. The board of Avco Power Private Limited currently have 2 directors; the longest-serving is Jigar Ramniklal Avalani, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jigar Ramniklal Avalani DIN 01296616 | Director | 29 Jun 2020 | 6 yrs 3 mo | Avco Power Private Limited |
| Rupen Ramniklal Avalani DIN 01296692 | Managing Director | 29 Jun 2020 | 6 yrs 3 mo | Avco Power Private Limited |
Financials of Avco Energy
Figures of Avco Power Private Limited, the primary company behind Avco Energy, for FY 2025. Revenue was ₹117 Cr (+2031% year on year). Net profit was ₹9.49 Cr (8% margin). EBITDA was ₹13.42 Cr (11% margin).
- ₹117 CrRevenue · FY 2025 · +2031% YoY
- ₹9.49 CrNet profit · 8% margin
- ₹13.42 CrEBITDA · 11% margin
- ₹2.46 CrPaid-up capital
- 5Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Avco Power Private Limited are on its company page.
Detailed financial statements for Avco Energy
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Similar companies to Avco Energy
Avco Energy has 3 listed similar companies in our database, 3 of them funded. They include Freyr Energy, Fourth Partner Energy and Sterling And Wilson.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| freyrenergy.com | 2014 | Hyderabad, India | $13.23M | 370 | Solar energy projects are developed for residential and commercial applications. | |
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. |
Detailed similar companies of Avco Energy
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Web traffic of Avco Energy
The website of Avco Energy (avcoenergy.in) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 22.8% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Avco Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Avco Energy
Avco Energy was founded in 2019.
Avco Energy is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Avco Energy, Avco Power Private Limited, reported revenue of ₹117 Cr for FY 2025, up 2031% year on year.
Avco Energy, based in Kolkata, focuses on working in the energy sector, promoting renewable energy, solar projects, and design and installation. Develops solar energy projects, including design, installation, and operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Avco Energy's top competitors include Fourth Partner Energy, Freyr Energy and Sterling And Wilson.
Avco Energy operates through Avco Power Private Limited.
The legal entities of Avco Energy currently have 2 directors, including Jigar Ramniklal Avalani, Rupen Ramniklal Avalani.