About Husk Power Systems
Husk Power Systems is a company based in Patna (India) founded in 2008 by Ratnesh Yadav, Gyanesh Pandey, Chip Ransler, and Manoj Sinha. Husk Power Systems has raised $73.99 million across 16 funding rounds from investors including Shell, ENGIE and International Finance Corporation. The company has 294 employees as of April 02, 2024. Husk Power Systems offers products and services including Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform. Husk Power Systems operates in a competitive market with competitors including NextEra Energy, Ameren, Solstice, Adani Green Energy and Nautilus Solar, among others.
- Headquarter Patna, India
- Employees 294 as on 02 Apr, 2024
- Founders Ratnesh Yadav, Gyanesh Pandey, Chip Ransler, Manoj Sinha
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Sectors
AgricultureEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Husk Power Systems Private Limited
- Date of Incorporation 26 Jun, 2007
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.46 M (USD)12.69as on Mar 31, 2023
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Net Profit
-$2.07 M (USD)-6.72as on Mar 31, 2023
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EBITDA
-$1.11 M (USD)-0.48as on Mar 31, 2023
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Total Equity Funding
$73.99 M (USD)
in 16 rounds
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Latest Funding Round
$3.2 M (USD), Debt – Conventional
Sep 10, 2025
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Investors
Shell
& 18 more
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Employee Count
294
as on Apr 02, 2024
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Products & Services of Husk Power Systems
Husk Power Systems offers a comprehensive portfolio of products and services, including Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform.
Generates 24/7 renewable power using solar and biomass sources.
Delivers stable voltage with zero observed theft in networks.
Monitors site performance and customer usage remotely in real-time.
People of Husk Power Systems
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Funding Insights of Husk Power Systems
Husk Power Systems has successfully raised a total of $73.99M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.2 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Husk Power Systems
Husk Power Systems has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include Shell, ENGIE and International Finance Corporation.
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IFC is focused on private sector development in emerging markets.
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Early-stage SMEs are invested in by government-operated Swedfund.
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Investor details for Husk Power Systems
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Investments & Acquisitions by Husk Power Systems
Investment portfolio details for Husk Power Systems
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Financial Statements - Husk Power Systems
Detailed financials for Husk Power Systems
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Husk Power Systems Comparisons
Peer comparison for Husk Power Systems
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Competitors of Husk Power Systems
Husk Power Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NextEra Energy, Ameren, Solstice, Adani Green Energy and Nautilus Solar, among others.
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Developer of energy solutions
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Provider of electricity and natural gas through solar energy
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Provider of Independent solar power
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Renewable energy power is produced independently by Adani Green Energy.
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Solar energy is provided to commercial and industrial customers.
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Renewable energy projects are developed for utility-scale and commercial use.
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Detailed competitors of Husk Power Systems
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Latest news on Husk Power Systems
Complete news archive for Husk Power Systems
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Frequently Asked Questions about Husk Power Systems
Husk Power Systems was founded in 2008.
Husk Power Systems is headquartered in Patna, India. It is registered at Patna, Bihar, India.
Manoj Sinha is the current CEO of Husk Power Systems. They have also founded this company.
Husk Power Systems is a funded company, having raised a total of $73.99M across 16 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Husk Power Systems is 294.
Annual revenue of Husk Power Systems is $3.46M as on Mar 31, 2023.
Provider of hybrid renewable energy solutions for rural communities. It involves creating unique hybrid power generation networks that combine solar PV and biomass gasification to produce low-cost, grid-compatible energy twenty-four hours a day. A theft-proof distribution system with smart metering and pay-as-you-go billing. A cloud-based remote management platform allows for real-time monitoring of site performance and customer energy usage. Waste products from the energy generation process are utilized in other applications.
Husk Power Systems's top competitors include NextEra Energy, Hero Future Energies and Solstice.
Husk Power Systems offers Hybrid Power System, Theft-Proof Distribution System, and Cloud-Based Remote Management Platform.
Husk Power Systems has 19 investors. Key investors include Shell, ENGIE, International Finance Corporation, Acumen, and European Investment Bank.