
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 βΉ17.6 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.
- Headquarters Mumbai, India
- SectorsEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Website easternpowers.com
- Social X Facebook
- Legal Name Eastern Powers And Systems Private Limited
- Date of Incorporation 03 Feb, 1999
- Jurisdiction Mumbai, Maharashtra, India
- 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
Associated legal entities of Eastern Powers
Eastern Powers operates through Eastern Powers And Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eastern Powers And Systems Private Limited CIN U40101MH1999PTC118126 | Active | 03 Feb 1999 | Mumbai, Maharashtra | ₹0.2 Cr | – | 2 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishna Shankar Jothirmayan DIN 00364990 | Managing Director | 03 Feb 1999 | 27 yrs 8 mo | Eastern Powers And Systems Private Limited |
| Saraswati Sankar DIN 07133249 | Director | 31 Mar 2016 | 10 yrs 6 mo | Eastern 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.
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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lightsourcebp.com | 2010 | Holborn, United Kingdom | $417.9M | 1,101 | Solar energy projects are developed and operated by Lightsource BP. | |
| cleanmax.com | 2011 | Mumbai, India | $442.67M | 333 | Solar energy projects are developed for commercial and industrial clients. | |
| 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. | |
| prozealgreen.com | 2011 | Ahmedabad, India | $7.34M | 336 | Provider of solar EPC, IPP services, and battery energy storage systems | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services | |
| mahindrasusten.com | 2010 | Mumbai, India | – | 180 | Turnkey EPC services for solar power plants are provided. |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
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 and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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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 βΉ17.6 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.