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Renewable Energy Company for Sale in Mumbai, India

For sale: Established engineering firm delivering renewable energy systems for industrial applications with steady clientele.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 10 - 20 %
Industries Renewable Energy + 1 more
Locations  Mumbai
Local Time 4:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.05 million (Native Currency: INR 100,000,000)
Reason: The current owners want to explore other business ventures.
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located in Mumbai, we specialize in the engineering integration of renewable energy projects for the oil and gas sector.
- With over five decades of experience, we are a trusted vendor for major organizations such as ONGC, the Navy, shipyards, and other industrial clients.
- Our core offerings include the design and manufacturing of solar and wind power systems tailored for oil and gas applications.
- Manufacturing capacity is flexible and varies depending on project requirements.
- We operate on a project-based revenue model, bidding for tenders and typically handling 2–3 projects at a time during a single bidding cycle, with each project lasting around 4 to 6 months.
- Our revenue has shown consistent growth since inception, supported by a strong client base of approximately 20 regular clients, primarily MNCs and government entities.
- The business operates in a niche segment with limited competition and is supported by strong technical expertise, PTR, and required licenses.
- The company is registered with MCA 2 years ago after operating as a partnership firm for 48 years, and has GST registration, ensuring full regulatory compliance.
- The company has 8 permanent employees, with additional temporary staff hired on a project basis as needed.
Products & Services Overview
- The business designs, manufactures, and integrates hybrid solar and wind power systems, electrical panels, and control equipment for naval ships, offshore platforms, and industrial applications, along with providing technical services for electronic and mechanical product development.
- Primarily serving government bodies, defense organizations, shipyards, and oil & gas companies such as ONGC and the Navy, who rely on us for reliable power generation, control systems, and energy management in critical marine and offshore environments.
Assets Overview
Physical assets:
The company owns and operates tangible assets comprising operating property valued at approximately INR 4.5 crore, along with production machinery and office equipment.

Intangible assets:
The company’s intangible assets include goodwill built over decades of operations, a well-established client database consisting of long-term institutional and government clients, and intellectual property (IP).
Facilities Overview
Operating from company-owned 2,400 sq. ft. facility located in Andheri East, Mumbai. This property is included in the sale.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There are 4 directors in the company.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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