Ostro Energy

Delhi, India Founded: 2014 • Age: 12 yrs Acquired By ReNew Power
Wind energy projects are developed in India by Ostro Energy.

About Ostro Energy

Ostro Energy is an Energy & Utilities company based in Delhi (India) founded in 2014, and was acquired by ReNew Power in April 2018. Wind energy projects are developed in India by Ostro Energy. The company has 1 employees. Its Indian entity Ostro Energy Private Limited reported revenue of ₹252 Cr. Its focus areas include Energy, Wind Energy, Independent Power Producer and Utility. Its competitors include Avaada Group, Greenko Group and Adani Green Energy; 2 of its 3 listed competitors have raised funding.

Company details

Ostro Energy was established in 2014 in Delhi, India, as a renewable energy platform by Actis, with a primary focus on wind power. Operations center on building up to 800 MW of projects, fully funded through 2019. Two 50 MW wind projects in Rajasthan have been secured with Suzlon as the partner. The platform operates within the wind energy sector, targeting sustainable power generation.

  • Headquarters Delhi, India
  • Employees 1
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website ostro.in
  • Social LinkedIn
  • Acquired by ReNew Power (Apr 2018)
  • Legal Name Ostro Energy Private Limited
  • Date of Incorporation 14 Jun, 2014
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹252 Cr

    FY 2025 · +10% YoY

  • Net Loss
    -₹74.60 Cr

    FY 2025 · -30% margin

  • EBITDA
    ₹121 Cr

    FY 2025 · 48% margin

  • Investors
  • Employee Count
    1
  • Acquired by
    ReNew Power

    (Apr 2018)

Investors in Ostro Energy

Ostro Energy has secured backing from 1 investor. Prominent investors backing the company include ReNew Power.

All
InvestorDescriptionFounded YearDomainLocation
Utility-scale wind and solar energy projects are developed and distributed.
renewpower.inGurugram, India
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Board of directors of Ostro Energy Private Limited (Ostro Energy)

Ostro Energy Private Limited is the primary company behind Ostro Energy. The boards of the 3 registered companies of Ostro Energy currently have 6 directors; the longest-serving is Surendran Vinod, appointed in 2018. 54 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Surendran Vinod
DIN 07643036
Director28 Mar 20188 yrs 7 moOstro Energy Private Limited
Chander Mohan Verma
DIN 07843786
Director28 Mar 20188 yrs 7 moOstro Dakshin Power Private Limited
Rahul Dwivedi
DIN 10195189
Director25 Jan 20242 yrs 9 moOstro Rann Wind Private Limited, Ostro Dakshin Power Private Limited
Bharat Bahl
DIN 07644015
Additional Director11 Jul 20251 yr 3 moOstro Energy Private Limited
Sonali Akash Gaurav
DIN 10866220
Additional Director11 Jul 20251 yr 3 moOstro Energy Private Limited
Ravinder Singh
DIN 11320393
Director27 Sep 20251 yr 1 moOstro Rann Wind Private Limited

Financials of Ostro Energy

Figures of Ostro Energy Private Limited, the primary company behind Ostro Energy, for FY 2025. Revenue was ₹252 Cr (+10% year on year). Net loss was -₹74.60 Cr (-30% margin). EBITDA was ₹121 Cr (48% margin). Revenue has grown at a compounded annual rate of +11% over three years and +25% over five years.

  • ₹252 CrRevenue · FY 2025 · +10% YoY
  • -₹74.60 CrNet loss · -30% margin
  • ₹121 CrEBITDA · 48% margin
  • ₹1,424 CrPaid-up capital
  • 11Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • +25%Revenue CAGR, 5 years

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

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Detailed financial statements for Ostro Energy

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Timeline of Ostro Energy

2 dated milestones of Ostro Energy across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ostro Energy is founded.
  2. Exit Acquired by ReNew Power.

Competitors of Ostro Energy

Ostro Energy has 3 listed competitors in our database, 2 of them funded. They include Avaada Group, Greenko Group and Adani Green Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
avaada.com2009Delhi, India$879.45M2,935
Renewable energy projects in solar, wind, and storage are developed.
greenkogroup.com2006Hyderabad, India$942.81M160
Energy transition and decarbonization solutions are provided by Greenko Group.
adanigreenenergy.com2012Ahmedabad, India1,112
Renewable energy power is produced independently by Adani Green Energy.
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Detailed competitors of Ostro Energy

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Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Ostro 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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Related news about Ostro Energy

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Frequently Asked Questions about Ostro Energy

Ostro Energy was founded in 2014.

Ostro Energy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Ostro Energy has 1 employees.

The primary company behind Ostro Energy, Ostro Energy Private Limited, reported revenue of ₹252 Cr for FY 2025, up 10% year on year.

Ostro Energy was established in 2014 in Delhi, India, as a renewable energy platform by Actis, with a primary focus on wind power. Operations center on building up to 800 MW of projects, fully funded through 2019. Two 50 MW wind projects in Rajasthan have been secured with Suzlon as the partner. The platform operates within the wind energy sector, targeting sustainable power generation.

Ostro Energy's top competitors include Avaada Group, Adani Green Energy and Greenko Group.

Ostro Energy has 1 investor. Key investors include ReNew Power.

Ostro Energy is associated with 3 legal entities: Ostro Energy Private Limited, Ostro Rann Wind Private Limited, Ostro Dakshin Power Private Limited.

Yes. Ostro Energy was acquired by ReNew Power in April 2018.

The legal entities of Ostro Energy currently have 8 directors, including Ankush Wadhawan, Bharat Bahl, Surendran Vinod and others.

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