Foster Energy

Chennai, India Founded: 2022 • Age: 4 yrs
Provides EPC services for wind and solar energy projects including analysis.

About Foster Energy

Foster Energy is an Energy & Utilities company based in Chennai (India) founded in 2022. It provides EPC services for wind and solar energy projects including analysis. It operates on a B2B model. The company has 57 employees. Its Indian entity Foster Energy Private Limited reported revenue of β‚Ή51.37 Cr. Foster Energy offers products and services including Feasibility Analysis, Land Procurement, Project Execution, Permits and Approvals, and Operations and Maintenance. Its focus areas include Energy, Renewable Energy, Wind Energy and EPC Services. Its competitors include Artha Energy Resources, Techno Electric & Engineering and Bondada Engineering; 2 of its 3 listed competitors have raised funding.

Company details

Foster Energy, established in 2022, is an EPC company based in Chennai, India, specializing in renewable energy. They deliver turnkey solutions for wind and solar projects, including feasibility analysis, land procurement, project execution, permits, logistics, and maintenance. The company focuses on reducing energy costs with quality components and ensures long-term performance for clients in the energy sector.

Key Metrics
  • Annual Revenue
    ₹51.37 Cr

    FY 2026 · +94% YoY

  • Net Profit
    ₹3.47 Cr

    FY 2026 · 7% margin

  • EBITDA
    ₹6.72 Cr

    FY 2026 · 13% margin

  • Employee Count
    57

Products & Services of Foster Energy

Foster Energy offers a comprehensive portfolio of products and services, including Feasibility Analysis, Land Procurement, Project Execution, Permits and Approvals, and Operations and Maintenance.

Feasibility Analysis
Consulting

Identifies potential sites for wind and solar energy projects.

Land Procurement
Procurement

Handles land identification and clearances for energy projects.

Project Execution
Construction

Manages installation and commissioning of wind and solar systems.

Permits and Approvals
Regulatory

Secures necessary approvals for renewable energy initiatives.

Operations and Maintenance
Maintenance

Ensures long-term performance of solar and wind installations.

Board of directors of Foster Energy Private Limited (Foster Energy)

Foster Energy Private Limited is the primary company behind Foster Energy. The board of Foster Energy Private Limited currently have 4 directors; the longest-serving is Varatharaj Ellappan, appointed in 2022. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Varatharaj Ellappan
DIN 08767161
Director07 Mar 20224 yrs 8 moFoster Energy Private Limited
Navaneethan Karthikadevi
DIN 07693339
Director01 Sep 20224 yrs 2 moFoster Energy Private Limited
Alagarsamy Satheeshkumar
DIN 10226923
Managing Director01 Oct 20233 yrs 1 moFoster Energy Private Limited
Ramachandran Thyagarajan
DIN 00942326
Additional Director30 Jul 20251 yr 3 moFoster Energy Private Limited

Financials of Foster Energy

Figures of Foster Energy Private Limited, the primary company behind Foster Energy, for FY 2026. Revenue was ₹51.37 Cr (+94% year on year). Net profit was ₹3.47 Cr (7% margin). EBITDA was ₹6.72 Cr (13% margin). Revenue has grown at a compounded annual rate of +86% over three years and 0% over five years.

  • ₹51.37 CrRevenue · FY 2026 · +94% YoY
  • ₹3.47 CrNet profit · 7% margin
  • ₹6.72 CrEBITDA · 13% margin
  • ₹2.65 CrPaid-up capital
  • 16Employees (provident fund records)
  • +86%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Foster Energy Private Limited are on its company page.

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Detailed financial statements for Foster Energy

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Competitors of Foster Energy

Foster Energy has 3 listed competitors in our database, 2 of them funded. They include Artha Energy Resources, Techno Electric & Engineering and Bondada Engineering.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
artha.energy2013Mumbai, India$11.3M38
Platform for mapping renewable energy generation assets
techno.co.in1963Kolkata, India$13.9M360
Wind power generation and EPC services in wind sector
bondada.net2012Hyderabad, India528
Telecom infrastructural solutions are delivered by Bondada Engineering.
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Detailed competitors of Foster Energy

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Top companies in Renewable & Sustainable Energy

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 111.38 MUSD 2.77 B8,690
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Frequently Asked Questions about Foster Energy

Foster Energy was founded in 2022.

Foster Energy is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Foster Energy has 57 employees.

The primary company behind Foster Energy, Foster Energy Private Limited, reported revenue of β‚Ή51.37 Cr for FY 2026, up 94% year on year.

Foster Energy, established in 2022, is an EPC company based in Chennai, India, specializing in renewable energy. They deliver turnkey solutions for wind and solar projects, including feasibility analysis, land procurement, project execution, permits, logistics, and maintenance. The company focuses on reducing energy costs with quality components and ensures long-term performance for clients in the energy sector.

Foster Energy's top competitors include Artha Energy Resources, Bondada Engineering and Techno Electric & Engineering.

Foster Energy offers Feasibility Analysis, Land Procurement, Project Execution, Permits and Approvals, and Operations and Maintenance.

Foster Energy operates through Foster Energy Private Limited.

The legal entities of Foster Energy currently have 4 directors, including Ramachandran Thyagarajan, Alagarsamy Satheeshkumar, Varatharaj Ellappan and others.

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