About SLS Power
SLS Power is an Energy & Utilities company based in Bengaluru (India) founded in 2005, and was acquired by Bhoruka Power in February 2013. Hydel and biomass power generation company. The company has 47 employees. Its focus areas include Energy, Bioenergy, Energy Generation and Electricity. Its legal entity in India is S.L.S.Power Limited (U40109AP1998PLC030682).
Company details
SLS Power Corporation owns and operates hydel and biomass power plants. The company has a total installed hydro generation capacity of 16.75 MWs and has projects of 62.5 MWs in the pipeline. The company commissions projects in Karnataka and Tamil-Nadu. In five years, the company plans to increase its power generation capacity to 200MWs. SLS Power Corporation secured debt from IFCI ventures and IREDA to commission a 24 MW hydel project.
- Headquarters Bengaluru, India
- Employees 47
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website slspowercorporation.com
- Social LinkedIn
- Acquired by Bhoruka Power (Feb 2013)
- Legal Name S.L.S.Power Limited
- Date of Incorporation 14 Dec, 1998
- Jurisdiction Nellore, Andhra Pradesh, India
- Annual Revenue₹41,084
FY 2020 · -100% YoY
- Net Loss-₹61.3 Lakh
FY 2020 · -14916% margin
- EBITDA-₹8 Lakh
FY 2020 · -1950% margin
- Investors
- Employee Count47
- Acquired byBhoruka Power
(Feb 2013)
Associated legal entities of SLS Power
SLS Power operates through S.L.S.Power Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| S.L.S.Power Limited CIN U40109AP1998PLC030682 | Active | 14 Dec 1998 | Nellore, Andhra Pradesh | ₹0.0 Cr | 42 | 3 | View details |
Investors in SLS Power
SLS Power has secured backing from 1 investor. Prominent investors backing the company include Bhoruka Power.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of renewable energy projects | 1986 | bhorukapower.com | Bengaluru, India |
Investor details for SLS Power
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- Complete investor list
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Board of directors of S.L.S.Power Limited (SLS Power)
S.L.S.Power Limited is the primary company behind SLS Power. The board of S.L.S.Power Limited currently have 3 directors; the longest-serving is Chenchaiah Vemuru, appointed in 1998. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chenchaiah Vemuru DIN 01665982 | Director | 14 Dec 1998 | 27 yrs 10 mo | S.L.S.Power Limited |
| Badrinarayana Meda Srinivasulu DIN 01754004 | Whole-time director | 05 Jul 1999 | 27 yrs 4 mo | S.L.S.Power Limited |
| Satyanarayana Chitikena DIN 02601835 | Nominee Director | 31 Aug 2000 | 26 yrs 2 mo | S.L.S.Power Limited |
People of SLS Power
2 people are tracked at SLS Power (2 in leadership); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Nallareddy Jayachandra Reddy | Managing Director | Leadership |
| Managing Director | Leadership |
Complete people profiles for SLS Power
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SLS Power
Figures of S.L.S.Power Limited, the primary company behind SLS Power, for FY 2020. Revenue was ₹41,084 (-100% year on year). Net loss was -₹61.3 Lakh (-14916% margin). EBITDA was -₹8 Lakh (-1950% margin). Revenue has grown at a compounded annual rate of -94% over three years and -78% over five years.
- ₹41,084Revenue · FY 2020 · -100% YoY
- -₹61.3 LakhNet loss · -14916% margin
- -₹8 LakhEBITDA · -1950% margin
- ₹8.97 CrPaid-up capital
- 42Employees (provident fund records)
- -94%Revenue CAGR, 3 years
- -78%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of S.L.S.Power Limited are on its company page.
Detailed financial statements for SLS Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SLS Power
2 dated milestones of SLS Power across 8 years, from founding to its latest funding, stage changes and deals.
- Founded SLS Power is founded.
- Exit Acquired by Bhoruka Power.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SLS 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 SLS Power
SLS Power was founded in 2005.
SLS Power is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
SLS Power has 47 employees.
The primary company behind SLS Power, S.L.S.Power Limited, reported revenue of ₹41,084 for FY 2020, down 100% year on year.
SLS Power Corporation owns and operates hydel and biomass power plants. The company has a total installed hydro generation capacity of 16.75 MWs and has projects of 62.5 MWs in the pipeline. The company commissions projects in Karnataka and Tamil-Nadu. In five years, the company plans to increase its power generation capacity to 200MWs. SLS Power Corporation secured debt from IFCI ventures and IREDA to commission a 24 MW hydel project.
SLS Power has 1 investor. Key investors include Bhoruka Power.
SLS Power operates through S.L.S.Power Limited.
Yes. SLS Power was acquired by Bhoruka Power in February 2013.
The legal entities of SLS Power currently have 3 directors, including Chenchaiah Vemuru, Satyanarayana Chitikena, Badrinarayana Meda Srinivasulu.