Eastern Powers

Mumbai, India Founded: 2010 • Age: 16 yrs
Develops innovative wind and solar energy technologies for sustainable projects.

About Eastern Powers

Eastern Powers is an Energy & Utilities company based in Mumbai (India) founded in 2010. It develops innovative wind and solar energy technologies for sustainable projects. It operates on a B2B model. Its Indian entity Eastern Powers And Systems Private Limited reported revenue of β‚Ή17.6 Lakh. Its focus areas include Energy, Renewable Energy, Sustainable Technologies and Wind and Solar Projects. Similar companies include Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson and 3 more; 7 of its 8 listed similar companies have raised funding.

Company details

Eastern Powers develops innovative wind and solar energy technologies for sustainable projects, focusing on working in the energy sector, promoting renewable energy, sustainable technologies, and wind and solar projects. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹17.6 Lakh

    FY 2024 · +3140% YoY

  • Net Loss
    -₹2.1 Lakh

    FY 2024 · -12% margin

  • EBITDA
    -₹46,509

    FY 2024 · -3% margin

Board of directors of Eastern Powers And Systems Private Limited (Eastern Powers)

Eastern Powers And Systems Private Limited is the primary company behind Eastern Powers. The board of Eastern Powers And Systems Private Limited currently have 2 directors; the longest-serving is Krishna Shankar Jothirmayan, appointed in 1999. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Krishna Shankar Jothirmayan
DIN 00364990
Managing Director03 Feb 199927 yrs 8 moEastern Powers And Systems Private Limited
Saraswati Sankar
DIN 07133249
Director31 Mar 201610 yrs 6 moEastern Powers And Systems Private Limited

Financials of Eastern Powers

Figures of Eastern Powers And Systems Private Limited, the primary company behind Eastern Powers, for FY 2024. Revenue was ₹17.6 Lakh (+3140% year on year). Net loss was -₹2.1 Lakh (-12% margin). EBITDA was -₹46,509 (-3% margin). Revenue has grown at a compounded annual rate of +101% over three years and -8% over five years.

  • ₹17.6 LakhRevenue · FY 2024 · +3140% YoY
  • -₹2.1 LakhNet loss · -12% margin
  • -₹46,509EBITDA · -3% margin
  • ₹5.4 LakhPaid-up capital
  • +101%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Eastern Powers And Systems Private Limited are on its company page.

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Detailed financial statements for Eastern Powers

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Similar companies to Eastern Powers

Eastern Powers has 8 listed similar companies in our database, 7 of them funded. They include Lightsource BP, CleanMax, Freyr Energy, Fourth Partner Energy and Sterling And Wilson, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lightsourcebp.com2010Holborn, United Kingdom$417.9M1,101
Solar energy projects are developed and operated by Lightsource BP.
cleanmax.com2011Mumbai, India$442.67M333
Solar energy projects are developed for commercial and industrial clients.
freyrenergy.com2014Hyderabad, India$13.23M370
Solar energy projects are developed for residential and commercial applications.
fourthpartner.co2010Hyderabad, India$564.02M425
On-grid and off-grid solar solutions and products are provided.
sterlingandwilson.com1927Mumbai, India$50M6,013
EPC and MEP services are provided across diverse sectors.
prozealgreen.com2011Ahmedabad, India$7.34M336
Provider of solar EPC, IPP services, and battery energy storage systems
grew.one2022Ahmedabad, India$4.22M1,556
Provider of a range of solar products and services
mahindrasusten.com2010Mumbai, India–180
Turnkey EPC services for solar power plants are provided.
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Detailed similar companies of Eastern Powers

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Top companies in Renewable & Sustainable Energy

10 companies that operate in the same segment as Eastern Powers (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168 M––
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about Eastern Powers

Eastern Powers was founded in 2010.

Eastern Powers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Eastern Powers, Eastern Powers And Systems Private Limited, reported revenue of β‚Ή17.6 Lakh for FY 2024, up 3140% year on year.

Eastern Powers develops innovative wind and solar energy technologies for sustainable projects, focusing on working in the energy sector, promoting renewable energy, sustainable technologies, and wind and solar projects. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Eastern Powers's top competitors include Lightsource BP, CleanMax and Fourth Partner Energy.

Eastern Powers operates through Eastern Powers And Systems Private Limited.

The legal entities of Eastern Powers currently have 2 directors, including Saraswati Sankar, Krishna Shankar Jothirmayan.

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