About NSL Renewable Power
NSL Renewable Power is an Energy & Utilities company based in Hyderabad (India) founded in 1985. Developer of renewable energy solutions using wind, hydel, and solar power. NSL Renewable Power has raised $187.97 million across 6 funding rounds from investors including Kotak Mahindra Bank, International Finance Corporation and Asian Development Bank. The company has 65 employees. NSL Renewable Power was last valued at $273.96 million in August 2014. Its chief executive, as recorded, is Kalyan Korimerla. Its Indian entity Nsl Renewable Power Private Limited reported revenue of ₹309 Cr. NSL Renewable Power offers products and services including Wind Energy Services, Hydel Energy Services, and Solar Energy Services. Its focus areas include Energy, Solar Energy, Independent Power Producer and Utility. Its competitors include Avaada Group, Greenko Group and Azure Power; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 1985 and based in Hyderabad, India, renewable energy projects are developed and implemented by NSL Renewable Power across wind, hydel, and solar sectors. Operations cover the full project lifecycle, including feasibility studies, construction, and maintenance. Services address various energy requirements in these areas, with a focus on sustainable power generation for regional needs.
- Headquarters Hyderabad, India
- Employees 65
- Stage Minicorn
- SectorsEnergy & Utilities
- Website nslpower.com
- Legal Name Nsl Renewable Power Private Limited
- Date of Incorporation 04 Jan, 1985
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹309 Cr
FY 2025 · -7% YoY
- Net Profit₹42.18 Cr
FY 2025 · 14% margin
- EBITDA₹202 Cr
FY 2025 · 66% margin
- Total Equity Funding$187.97M (USD)
in 6 rounds
- Latest Funding Round$11.39M (USD), Series B
Aug 2014
- InvestorsKotak Mahindra Bank
& 10 more
- Employee Count65
Associated legal entities of NSL Renewable Power
NSL Renewable Power is associated with 31 registered companies on The Company Check; the primary company is Nsl Renewable Power Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nsl Renewable Power Private Limited CIN U40109TG1985PTC114078 | Active | 04 Jan 1985 | Hyderabad, Telangana | ₹309 Cr | 65 | 6 | View details |
| Nsl Nagapatnam Power And Infratech Limited CIN U45200TG2005PLC045511 | Under Cirp | 02 Mar 2005 | Hyderabad, Telangana | ₹0.0 Cr | 3 | 5 | View details |
| Nsl Wind Power Company (Phoolwadi) Private Limited CIN U40300TG2005PTC047541 | Active | 21 Sep 2005 | Hyderabad, Telangana | ₹61.9 Cr | 2 | View details | |
| Nsl Wind Power Company (Sayamalai) Private Limited CIN U40108TG2013PTC085811 | Active | 15 Feb 2013 | Hyderabad, Telangana | ₹9.9 Cr | 2 | View details | |
| Nsl Wind Power Company (Sreepalwan) Private Limited CIN U40108TG2011PTC074655 | Active | 25 May 2011 | Hyderabad, Telangana | 2 | View details | ||
| Nsl Wind Power Company (Holalkere-Chitradurga) Private Limited CIN U40108TG2008PTC060018 | Active | 05 Jul 2008 | Hyderabad, Telangana | 2 | View details | ||
| Nsl Wind Power Company (Sira-Tumkur)Private Limited CIN U40108TG2008PTC060015 | Active | 05 Jul 2008 | Hyderabad, Telangana, India | View details | |||
| Nsl Wind Power Company (Kayathar)Private Limited CIN U40105TG2013PTC085812 | Active | 15 Feb 2013 | Hyderabad, Telangana, India | View details | |||
| Nsl Power & Infratech Limited CIN U10300TG2005PLC048140 | Active | 23 Nov 2005 | Hyderabad, Telangana, India | View details | |||
| Nilgiri Power Private Limited CIN U40102TG2013PTC090851 | Active | 06 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Sispara Renewable Power Private Limited CIN U40107TG2013PTC090869 | Active | 06 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Kalsubai Power Private Limited CIN U40102TG2013PTC091094 | Active | 20 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Amboli Power Private Limited CIN U40102TG2013PTC090850 | Active | 06 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Hardeol Renewable Power Private Limited CIN U40104TG2013PTC090852 | Active | 06 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Anamudi Renewable Power Private Limited CIN U40102TG2013PTC090844 | Active | 06 Nov 2013 | Hyderabad, Telangana, India | View details | |||
| Khaga Solar Power Private Limited CIN U40108TG2013PTC090765 | Strike Off | 31 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Sailana Wind Energy Private Limited CIN U40105TG2013PTC090616 | Active | 19 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Alot Wind Energy Private Limited CIN U40101TG2013PTC090570 | Active | 17 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Badawada Wind Energy Private Limited CIN U40108TG2013PTC090528 | Active | 14 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Shahuwadi Wind Energy Private Limited CIN U40108TG2013PTC090454 | Active | 10 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Jath Wind Energy Private Limited CIN U40108TG2013PTC090479 | Active | 11 Oct 2013 | Hyderabad, Telangana, India | View details | |||
| Nsl Wind Power Company (Virli) Private Limited CIN U40300TG2012PTC083193 | Active | 18 Sep 2012 | Hyderabad, Telangana, India | View details | |||
| Nsl Satara Infratech Private Limited CIN U70200TG2011PTC076204 | Active | 26 Aug 2011 | Hyderabad, Telangana, India | View details | |||
| Shivalakha Solar Energy Private Limited CIN U40300TG2010PTC070092 | Active | 23 Aug 2010 | Hyderabad, Telangana, India | View details | |||
| Windage Power Company Private Limited CIN U40100TN2011PTC080032 | Active | 05 Apr 2011 | Chennai, Tamil Nadu, India | View details | |||
| Celebrity Power Company Private Limited CIN U45400TG2007PTC054032 | Active | 17 May 2007 | Hyderabad, Telangana, India | View details | |||
| Nsl Wind Power Company (Satara) Private Limited CIN U40108TG2010PTC069059 | Active | 22 Jun 2010 | Hyderabad, Telangana, India | View details | |||
| Nsl Power Limited CIN U63023TG2003PLC040654 | Active | 11 Mar 2003 | Hyderabad, Telangana, India | View details | |||
| Orbit Wind Energy Private Limited CIN U40104TN2011PTC080225 | Active | 19 Apr 2011 | Chennai, Tamil Nadu, India | View details | |||
| Nsl Real Estates Private Limited CIN U74120TG2008PTC136109 | Active | 12 Mar 2008 | Hyderabad, Telangana, India | View details | |||
| Nsl Masli Power Generation Private Limited CIN U40108HP2008PTC030878 | Active | 30 Apr 2008 | Shimla, Himachal Pradesh, India | View details |
Products & Services of NSL Renewable Power
NSL Renewable Power offers a comprehensive portfolio of products and services, including Wind Energy Services, Hydel Energy Services, and Solar Energy Services.
Operational services for wind power generation and management
Services for hydel power projects and operational support
Management and operational services for solar energy systems
Funding Insights of NSL Renewable Power
NSL Renewable Power has successfully raised a total of $187.97M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11.39 million completed in August 2014. 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.
- Total Funding $187.97M
- Total Rounds 6
- Last Round Series B — $11.39M
- First Round $176,875
(Mar 2011)
- Investors Count 11
All 6 funding rounds of NSL Renewable Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2014 | $11.39M | Series B | $273.96M | DEG | |
| May 2013 | $5M | Private Equity Round | $190.59M | IFC | |
| May 2013 | $62.3M | Private Equity Round | – | Asian Development Bank | |
| Apr 2013 | $41.71M | Private Equity Round | $••••• | DEG | |
| Jul 2011 | $67.4M | Private Equity Round | $••••• | FE Global Clean Energy | |
| Mar 2011 | $176,875 | Angel Round | $••••• | Jayanth Koneru, Jayanth Koneru | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2014 | $273.96M | •••••••• |
| May 2013 | $190.59M | •••••••• |
| Apr 2013 | $••••• | •••••••• |
| Jul 2011 | $••••• | •••••••• |
| Mar 2011 | $••••• | •••••••• |
Full valuation and stage history of NSL Renewable Power
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $273.96M (Aug 2014). 11 investors in total: 9 institutional and 2 angel.
Investors in NSL Renewable Power
NSL Renewable Power has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Kotak Mahindra Bank, International Finance Corporation and Asian Development Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on growth equities | deginvest.de | Cologne, Germany | ||
Economic development investments are financed through specialized solutions by Proparco. | 1977 | proparco.fr | Paris, France | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
PE firm invests in Asia, Europe and North America | fecleanenergy.com | Darien, United States | ||
Industrial sectors are managed by the conglomerate in South Korea. | 2004 | gs.co.kr | Seoul, South Korea | |
Commercial banking services are offered to corporate and retail customers. | 1985 | kotak.com | Mumbai, India | |
Advisory services and financial resources are mobilized for development projects. | 1966 | adb.org | Mandaluyong, Philippines | |
Provider of investment advisory services | Mumbai, India | |||
Clean energy projects are discussed at Asia Clean Energy Forum. | asiacleanenergyforum.org | Manila, Philippines | ||
JK Jayanth Koneru | unknown_82ca78cf8e4d4f6ba |
Investor details for NSL Renewable Power
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Board of directors of Nsl Renewable Power Private Limited (NSL Renewable Power)
Nsl Renewable Power Private Limited is the primary company behind NSL Renewable Power. The boards of the 6 registered companies of NSL Renewable Power currently have 11 directors; the longest-serving is Nutakki Satish Babu, appointed in 2014. 78 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nutakki Satish Babu DIN 05310705 | Director | 24 Dec 2014 | 11 yrs 10 mo | Nsl Wind Power Company (Holalkere-Chitradurga) Private Limited, Nsl Renewable Power Private Limited, Nsl Wind Power Company (Phoolwadi) Private Limited |
| Sourirajan Srinivasan DIN 07121533 | Director | 27 Mar 2015 | 11 yrs 7 mo | Nsl Nagapatnam Power And Infratech Limited |
| Yasangi Madhu Babu DIN 00225808 | Director | 26 May 2016 | 10 yrs 5 mo | Nsl Wind Power Company (Phoolwadi) Private Limited, Nsl Wind Power Company (Sreepalwan) Private Limited, Nsl Wind Power Company (Sayamalai) Private Limited |
| Akella Rajni Kant DIN 09319825 | Director | 29 Sep 2021 | 5 yrs 1 mo | Nsl Wind Power Company (Holalkere-Chitradurga) Private Limited |
| Nelluri Bapuji DIN 03157631 | CFO | 29 Aug 2022 | 4 yrs 2 mo | Nsl Renewable Power Private Limited, Nsl Wind Power Company (Sreepalwan) Private Limited, Nsl Wind Power Company (Sayamalai) Private Limited |
| Radhakrishna Kolluri DIN 09736900 | Director | 15 Sep 2022 | 4 yrs 2 mo | Nsl Renewable Power Private Limited |
| Thirupathi Vodnala DIN 07691748 | Company Secretary | 21 Sep 2023 | 3 yrs 1 mo | Nsl Renewable Power Private Limited |
| Pradeep Kumar Chaturvedi DIN 08978079 | Additional Director | 10 Jun 2025 | 1 yr 5 mo | Nsl Nagapatnam Power And Infratech Limited |
| Braj Kishore Jha DIN 08837750 | Additional Director | 10 Jun 2025 | 1 yr 5 mo | Nsl Nagapatnam Power And Infratech Limited |
| Nitin Dattani DIN 03492816 | Additional Director | 10 Jun 2025 | 1 yr 5 mo | Nsl Nagapatnam Power And Infratech Limited |
| Ashutosh Mohanty DIN 02219702 | Managing Director | 10 Jun 2025 | 1 yr 5 mo | Nsl Nagapatnam Power And Infratech Limited |
People of NSL Renewable Power
1 people are tracked at NSL Renewable Power (1 in leadership); the tracked headcount is 65.
| Name | Role | Group |
|---|---|---|
Kalyan Korimerla | CEO | Leadership |
Complete people profiles for NSL Renewable Power
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Financials of NSL Renewable Power
Figures of Nsl Renewable Power Private Limited, the primary company behind NSL Renewable Power, for FY 2025. Revenue was ₹309 Cr (-7% year on year). Net profit was ₹42.18 Cr (14% margin). EBITDA was ₹202 Cr (66% margin). Revenue has grown at a compounded annual rate of -1% over five years.
- ₹309 CrRevenue · FY 2025 · -7% YoY
- ₹42.18 CrNet profit · 14% margin
- ₹202 CrEBITDA · 66% margin
- ₹105 CrPaid-up capital
- 65Employees (provident fund records)
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nsl Renewable Power Private Limited are on its company page.
Detailed financial statements for NSL Renewable Power
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Timeline of NSL Renewable Power
4 dated milestones of NSL Renewable Power across 29 years, from founding to its latest funding, stage changes and deals.
- Founded NSL Renewable Power is founded.
- Funding First funding round of $177K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $11.4M.
Competitors of NSL Renewable Power
NSL Renewable Power has 3 listed competitors in our database, 3 of them funded. They include Avaada Group, Greenko Group and Azure Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| avaada.com | 2009 | Delhi, India | $879.45M | 2,935 | Renewable energy projects in solar, wind, and storage are developed. | |
| greenkogroup.com | 2006 | Hyderabad, India | $942.81M | 160 | Energy transition and decarbonization solutions are provided by Greenko Group. | |
| azurepower.com | 2008 | Delhi, India | $174.06M | 902 | Provider of independent power producer in the utility scale renewable energy |
Detailed competitors of NSL Renewable Power
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Web traffic of NSL Renewable Power
The website of NSL Renewable Power (nslpower.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 6.6% vs previous month
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as NSL Renewable Power (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 NSL Renewable Power
NSL Renewable Power was founded in 1985 and raised its 1st funding round 26 years after it was founded.
NSL Renewable Power is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Kalyan Korimerla is the CEO of NSL Renewable Power, as recorded in our data.
NSL Renewable Power is a funded company, having raised a total of $187.97M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $176.88K, raised on Mar 2011.
NSL Renewable Power has 65 employees.
The primary company behind NSL Renewable Power, Nsl Renewable Power Private Limited, reported revenue of ₹309 Cr for FY 2025, down 7% year on year.
Founded in 1985 and based in Hyderabad, India, renewable energy projects are developed and implemented by NSL Renewable Power across wind, hydel, and solar sectors. Operations cover the full project lifecycle, including feasibility studies, construction, and maintenance. Services address various energy requirements in these areas, with a focus on sustainable power generation for regional needs.
NSL Renewable Power's top competitors include Avaada Group, Azure Power and Greenko Group.
NSL Renewable Power offers Wind Energy Services, Hydel Energy Services, and Solar Energy Services.
NSL Renewable Power has 11 investors. Key investors include Kotak Mahindra Bank, International Finance Corporation, Asian Development Bank, GS Holdings, and Proparco.
The valuation of NSL Renewable Power is $273.96M as of Aug 2014.
NSL Renewable Power is associated with 6 legal entities: Nsl Renewable Power Private Limited, Nsl Wind Power Company (Holalkere-Chitradurga) Private Limited, Nsl Nagapatnam Power And Infratech Limited and others.