O2 Power

Gurugram, India Founded: 2019 • Age: 7 yrs Acquired By JSW Group
Developer of solar and wind energy projects

About O2 Power

O2 Power is an Energy & Utilities company based in Gurugram (India) founded in 2019, and was acquired by JSW Group in December 2024. Developer of solar and wind energy projects. The company has 359 employees. Its Indian entity O2 Power Private Limited reported revenue of ₹1,447 Cr. O2 Power offers products and services including Solar Power, Wind Power, and Innovative Solutions. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its competitors include CleanMax, Freyr Energy and Fourth Partner Energy; 3 of its 3 listed competitors have raised funding.

Company details

O2 Power was founded in 2019 and is headquartered in Gurugram, India. Renewable energy initiatives, including solar and wind projects, are developed and managed by the company within the clean energy sector. Operations span project development, financing, and execution across India, with a focus on utility-scale assets. Services encompass site assessment, engineering, and grid integration to support sustainable power generation.

Key Metrics
  • Annual Revenue
    ₹1,447 Cr

    FY 2026 · -25% YoY

  • Net Profit
    ₹94.66 Cr

    FY 2026 · 7% margin

  • EBITDA
    ₹250 Cr

    FY 2026 · 17% margin

  • Investors
    JSW Group

    & 1 more

  • Employee Count
    359
  • Acquired by
    JSW Group

    (Dec 2024)

Products & Services of O2 Power

O2 Power offers a comprehensive portfolio of products and services, including Solar Power, Wind Power, and Innovative Solutions.

Solar Power
Renewable Energy

Provides solar energy solutions for utility projects.

Wind Power
Renewable Energy

Offers wind energy for commercial and industrial use.

Innovative Solutions
Energy Storage

Delivers storage and green hydrogen options for energy needs.

Apps and channels of O2 Power

its YouTube channel O2 Power has 237 subscribers and 14 videos.

O2 Power
YouTube 237 subscribers 14 videos Travel & Events
Open channel

Videos from O2 Power

The most watched videos on O2 Power's YouTube channel, O2 Power (237 subscribers). Click a video to play it here.

Experiences @ O2 Power - Great Place to Work For
4.8K views
O2 Power's First Offsite
1.7K views
O2 Power - Unleashing Wind Power
1.5K views
Employee Wellness @ O2 Power
1.4K views

More on O2 Power.

Funding Insights of O2 Power

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of O2 Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in O2 Power

O2 Power has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JSW Group and Jubilant FoodWorks.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Steel, infrastructure products, and power are manufactured by JSW Group.
1982jsw.inMumbai, India
jubilantfoodworks.com
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Investor details for O2 Power

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of O2 Power Private Limited (O2 Power)

O2 Power Private Limited is the primary company behind O2 Power. The boards of the 3 registered companies of O2 Power currently have 6 directors; the longest-serving is Mudita Dwivedi, appointed in 2025. 29 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mudita Dwivedi
DIN 11095592
Whole-time director29 Aug 20251 yr 2 moO2 Power Private Limited, Clean Solar Power (Bhainsada ) Private Limited
Naresh Kumar Hashmat Rai Lalwani
DIN 07587109
Whole-time director01 Sep 20251 yr 2 moO2 Power Private Limited
Amit Kumar Tomar
DIN 11443319
Director24 Dec 202510 moGlowsun Powergen Private Limited, Clean Solar Power (Bhainsada ) Private Limited
Sonia Swami
DIN 11362482
Whole-time director03 Jun 20265 moO2 Power Private Limited
Amlanyoti Behera
DIN 11924095
Additional Director07 Sep 20262 moGlowsun Powergen Private Limited, Clean Solar Power (Bhainsada ) Private Limited
Pradeep Kumar Mishra
DIN 11965302
Additional Director28 Sep 20261 moGlowsun Powergen Private Limited

People of O2 Power

54 people are tracked at O2 Power (22 in leadership, 32 in team); the tracked headcount is 359.

NameRoleGroup
Rohit Joshi
Head Solar Central CellLeadership
Assistant General Manager - HRLeadership
Peeyush Mohit
Founder and Chief Operating OfficerLeadership
ishu singla
Assistant General ManagerLeadership
Rakesh Garg
Founder and Head WindLeadership
Himanshu Vishnoi
President, Corporate FinanceLeadership
VISWANATH KS
Regional Head - SouthLeadership
BIRKU SINGH
VP & Head, Projects & SCM (solar)Leadership
Abhishek Jain
Head, Investment CellLeadership
ASHISH TYAGI
Executive Vice PresidentLeadership
Head Of Human ResourcesLeadership
Vikas Bhatia
Assistant Vice President Corporate FinanceLeadership
Shyam Sharma
Chief Financial OfficerLeadership
Pradeep Singh
Assistant Vice President | Project FinanceLeadership
Yudhister Sharma
General Manager - Design And EngineeringLeadership
PRANAY PANDEY
Assistant Vice President-regional Affairs & Business DevelopmentLeadership
Subodh Kumar Dubey
Assistant General Manager (head ERP / Applications)Leadership
Anurag Verma
Vice PresidentLeadership
Rakshit Krishna
Deputy General ManagerLeadership
Abhishek Sarkar
Assistant General Manager - LegalLeadership

34 more people are available in the full profile.

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Complete people profiles for O2 Power

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of O2 Power

Figures of O2 Power Private Limited, the primary company behind O2 Power, for FY 2026. Revenue was ₹1,447 Cr (-25% year on year). Net profit was ₹94.66 Cr (7% margin). EBITDA was ₹250 Cr (17% margin). Revenue has grown at a compounded annual rate of +53% over three years and +171% over five years.

  • ₹1,447 CrRevenue · FY 2026 · -25% YoY
  • ₹94.66 CrNet profit · 7% margin
  • ₹250 CrEBITDA · 17% margin
  • ₹161 CrPaid-up capital
  • 207Employees (provident fund records)
  • +53%Revenue CAGR, 3 years
  • +171%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of O2 Power Private Limited are on its company page.

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Detailed financial statements for O2 Power

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of O2 Power

3 dated milestones of O2 Power across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded O2 Power is founded.
  2. Funding First funding round.
  3. Exit Acquired by JSW Group.

Competitors of O2 Power

O2 Power has 3 listed competitors in our database, 3 of them funded. They include CleanMax, Freyr Energy and Fourth Partner Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
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.
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Detailed competitors of O2 Power

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of O2 Power

The website of O2 Power (o2power.in) receives about 4.2K visits a month.

  • Monthly visits
    4.2K

    ▲ 21.2% vs previous month

Similar websites

Websites whose visitors overlap most with O2 Power. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
unisunpowersolutions.com
unisunpowersolutions.com
100%
#11,763,094–
kokusolar.com
97%
View details

Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as O2 Power (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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Related news about O2 Power

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Complete news archive for O2 Power

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Frequently Asked Questions about O2 Power

O2 Power was founded in 2019 and raised its 1st funding round 5 years after it was founded.

O2 Power is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

O2 Power has 359 employees.

The primary company behind O2 Power, O2 Power Private Limited, reported revenue of ₹1,447 Cr for FY 2026, down 25% year on year.

O2 Power was founded in 2019 and is headquartered in Gurugram, India. Renewable energy initiatives, including solar and wind projects, are developed and managed by the company within the clean energy sector. Operations span project development, financing, and execution across India, with a focus on utility-scale assets. Services encompass site assessment, engineering, and grid integration to support sustainable power generation.

O2 Power's top competitors include CleanMax, Fourth Partner Energy and Freyr Energy.

O2 Power offers Solar Power, Wind Power, and Innovative Solutions.

O2 Power has 2 investors. Key investors include JSW Group, and Jubilant FoodWorks.

O2 Power is associated with 3 legal entities: O2 Power Private Limited, Glowsun Powergen Private Limited, Clean Solar Power (Bhainsada ) Private Limited.

Yes. O2 Power was acquired by JSW Group in December 2024.

The legal entities of O2 Power currently have 8 directors, including Devyamini Singh, Sonia Swami, Naresh Kumar Hashmat Rai Lalwani and others.

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