About TUSCO
TUSCO is an Energy & Utilities company based in Lucknow (India) founded in 2020. It develops and manages solar energy projects in Uttar Pradesh, India. It operates on a B2B model. The company has 1 employees. Its Indian entity Tusco Limited reported revenue of ₹52.4 Lakh. TUSCO offers products and services including Solar Power Parks and Grid Substations. Its focus areas include Energy, Renewable Energy, Solar Power and Utility Scale Solar Parks. Similar companies include Fourth Partner Energy, Sterling And Wilson and GREW; 3 of its 3 listed similar companies have raised funding.
Company details
TUSCO Limited is a joint venture between THDC India Limited and UPNEDA, focusing on renewable energy. It develops ultra mega solar power parks in Uttar Pradesh through land acquisition, infrastructure construction, and power evacuation systems. Based in Lucknow, it handles projects in Jhansi, Lalitpur, and Chitrakoot, promoting sustainable energy via government collaborations.
- Headquarters Lucknow, India
- Employees 1
- SectorsEnergy & Utilities
- Email••••••••
- Website tuscoltd.co.in
- Social X Facebook Instagram
- Legal Name Tusco Limited
- Date of Incorporation 12 Sep, 2020
- Jurisdiction Lucknow, Uttar Pradesh, India
- Annual Revenue₹52.4 Lakh
FY 2025 · -1% YoY
- Net Loss-₹47.3 Lakh
FY 2025 · -90% margin
- EBITDA-₹57.5 Lakh
FY 2025 · -110% margin
- Employee Count1
Associated legal entities of TUSCO
TUSCO operates through Tusco Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tusco Limited CIN U40106UP2020GOI134504 | Active | 12 Sep 2020 | Lucknow, Uttar Pradesh | ₹0.5 Cr | 7 | View details |
Products & Services of TUSCO
TUSCO offers a comprehensive portfolio of products and services, including Solar Power Parks and Grid Substations.
Develops large-scale solar parks for power generation in India.
Constructs substations to transmit solar-generated power.
Board of directors of Tusco Limited (TUSCO)
Tusco Limited is the primary company behind TUSCO. The board of Tusco Limited currently have 5 directors; the longest-serving is Himanshu Bajpai, appointed in 2020. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Himanshu Bajpai DIN 10473831 | Company Secretary | 08 Oct 2020 | 6 yrs | Tusco Limited |
| Inderjit Singh DIN 11100490 | Nominee Director | 24 Apr 2025 | 1 yr 5 mo | Tusco Limited |
| Sipan Kumar Garg DIN 10746205 | Nominee Director | 09 Sep 2025 | 1 yr 1 mo | Tusco Limited |
| Neeraj Verma DIN 10478314 | Nominee Director | 24 Dec 2025 | 9 mo | Tusco Limited |
| Ajay Kumar Garg DIN 11421407 | Nominee Director | 24 Dec 2025 | 9 mo | Tusco Limited |
Financials of TUSCO
Figures of Tusco Limited, the primary company behind TUSCO, for FY 2025. Revenue was ₹52.4 Lakh (-1% year on year). Net loss was -₹47.3 Lakh (-90% margin). EBITDA was -₹57.5 Lakh (-110% margin). Revenue has grown at a compounded annual rate of +72% over three years.
- ₹52.4 LakhRevenue · FY 2025 · -1% YoY
- -₹47.3 LakhNet loss · -90% margin
- -₹57.5 LakhEBITDA · -110% margin
- ₹49.50 CrPaid-up capital
- +72%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tusco Limited are on its company page.
Detailed financial statements for TUSCO
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to TUSCO
TUSCO has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Sterling And Wilson and GREW.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services |
Detailed similar companies of TUSCO
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Web traffic of TUSCO
The website of TUSCO (tuscoltd.co.in) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 5% vs previous month
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Related news about Tusco
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Frequently Asked Questions about TUSCO
TUSCO was founded in 2020.
TUSCO is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
TUSCO has 1 employees.
The primary company behind TUSCO, Tusco Limited, reported revenue of ₹52.4 Lakh for FY 2025, down 1% year on year.
TUSCO Limited is a joint venture between THDC India Limited and UPNEDA, focusing on renewable energy. It develops ultra mega solar power parks in Uttar Pradesh through land acquisition, infrastructure construction, and power evacuation systems. Based in Lucknow, it handles projects in Jhansi, Lalitpur, and Chitrakoot, promoting sustainable energy via government collaborations.
TUSCO's top competitors include Fourth Partner Energy, GREW and Sterling And Wilson.
TUSCO offers Solar Power Parks and Grid Substations.
TUSCO operates through Tusco Limited.
The legal entities of TUSCO currently have 7 directors, including Himanshu Bajpai, Neeraj Verma, Ajay Kumar Garg and others.