About SVL
SVL is an Energy & Utilities company based in Kolkata (India) founded in 2017, and was acquired by Torrent Power in September 2021. Developer of wind energy projects. The company has 4 employees. Its Indian entity Surya Vidyut Limited reported revenue of ₹121 Cr. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its competitors include Ampin Energy Transition, L&T IDPL and Everrenew; 3 of its 3 listed competitors have raised funding.
Company details
SVL was established in 2017 in Kolkata, India, within the renewable energy sector. Wind energy projects are developed and managed by the company, with operations primarily based in India. Focus is placed on project initiation, execution, and maintenance to support sustainable power generation. The online presence is maintained through the domain suryavidyut.in, facilitating information on initiatives and partnerships in the region.
- Headquarters Kolkata, India
- Employees 4
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website suryavidyut.in
- Acquired by Torrent Power (Sep 2021)
- Legal Name Surya Vidyut Limited
- Date of Incorporation 28 Jun, 2010
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹121 Cr
FY 2026 · -6% YoY
- Net Profit₹25.55 Cr
FY 2026 · 21% margin
- EBITDA₹94.72 Cr
FY 2026 · 78% margin
- Investors
- Employee Count4
- Acquired byTorrent Power
(Sep 2021)
Associated legal entities of SVL
SVL is associated with 2 registered companies on The Company Check; the primary company is Surya Vidyut Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Surya Vidyut Limited CIN U40108GJ2010PLC148865 | Active | 28 Jun 2010 | Ahmadabad City, Gujarat | ₹121 Cr | 4 | 6 | View details |
| 88Solar Energy Private Limited CIN U40106TG2015PTC098358 | Strike Off | 07 Apr 2015 | Secunderabad, Telangana | $15.5M | 2 | View details |
Investors in SVL
SVL has secured backing from 1 investor. Prominent investors backing the company include Torrent Power.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electricity generation and distribution are managed in India. | 1996 | torrentpower.com | Ahmedabad, India |
Investor details for SVL
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Board of directors of Surya Vidyut Limited (SVL)
Surya Vidyut Limited is the primary company behind SVL. The boards of the 2 registered companies of SVL currently have 5 directors; the longest-serving is Thummala Om Karthik, appointed in 2015. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thummala Om Karthik DIN 03596171 | Director | 07 Apr 2015 | 11 yrs 6 mo | 88Solar Energy Private Limited |
| Thummala Indira Reddy DIN 07461910 | Director | 21 Apr 2018 | 8 yrs 6 mo | 88Solar Energy Private Limited |
| Nisarg Bimalbhai Shah DIN 08812336 | Director | 11 Mar 2022 | 4 yrs 7 mo | Surya Vidyut Limited |
| Saurabh Rameshchandra Mashruwala DIN 01786490 | Director | 11 Mar 2022 | 4 yrs 7 mo | Surya Vidyut Limited |
| Manushi Anijay Parikh DIN 10915309 | Director | 16 Jan 2026 | 9 mo | Surya Vidyut Limited |
Financials of SVL
Figures of Surya Vidyut Limited, the primary company behind SVL, for FY 2026. Revenue was ₹121 Cr (-6% year on year). Net profit was ₹25.55 Cr (21% margin). EBITDA was ₹94.72 Cr (78% margin). Revenue has grown at a compounded annual rate of 0% over three years and 0% over five years.
- ₹121 CrRevenue · FY 2026 · -6% YoY
- ₹25.55 CrNet profit · 21% margin
- ₹94.72 CrEBITDA · 78% margin
- ₹252 CrPaid-up capital
- 4Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Surya Vidyut Limited are on its company page.
Detailed financial statements for SVL
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Timeline of SVL
2 dated milestones of SVL across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SVL is founded.
- Exit Acquired by Torrent Power.
Competitors of SVL
SVL has 3 listed competitors in our database, 3 of them funded. They include Ampin Energy Transition, L&T IDPL and Everrenew.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ampin.energy | 2016 | Delhi, India | $448.28M | Developer of utility scale solar and wind power projects | ||
| lntidpl.com | 2001 | Chennai, India | $873.09M | Real estate and transmission infrastructure are developed by L&T IDPL. | ||
| everrenew.com | 2019 | Chennai, India | $3M | 417 | Everrenew is a renewable energy company that offers affordable and reliable wind power and solar power investment solutions |
Detailed competitors of SVL
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SVL (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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Related news about Svl
Complete news archive for SVL
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Frequently Asked Questions about SVL
SVL was founded in 2017.
SVL is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind SVL, Surya Vidyut Limited, reported revenue of ₹121 Cr for FY 2026, down 6% year on year.
SVL was established in 2017 in Kolkata, India, within the renewable energy sector. Wind energy projects are developed and managed by the company, with operations primarily based in India. Focus is placed on project initiation, execution, and maintenance to support sustainable power generation. The online presence is maintained through the domain suryavidyut.in, facilitating information on initiatives and partnerships in the region.
SVL's top competitors include Ampin Energy Transition, L&T IDPL and Everrenew.
SVL has 1 investor. Key investors include Torrent Power.
SVL is associated with 2 legal entities: Surya Vidyut Limited, 88Solar Energy Private Limited.
Yes. SVL was acquired by Torrent Power in September 2021.
The legal entities of SVL currently have 8 directors, including Thummala Om Karthik, Thummala Indira Reddy, Nisarg Bimalbhai Shah and others.