COMPANY INTELLIGENCE PROFILE
Paawan Energy India Pvt Ltd
Paawan Energy is a solar energy solutions provider offering end-to-end EPC (engineering, procurement, construction) services for solar power projects and O&M (operations & maintenance) of solar plants, plus solar inverter setup, battery storage and solar-material financing facilitation.
Paawan Energy is an active solar solutions provider in India, specializing in EPC services for solar power projects and O&M services for solar plants. The company reported a revenue of ₹417.6 Cr in FY2024, with significant growth in EBITDA and PAT. It is promoter-owned and bank-debt financed, with ongoing legal proceedings involving Tata Capital Limited. The company serves various industrial and corporate clients across India.
AI-generated, may contain errors.
Business Overview
- Paawan Energy is a solar energy solutions provider offering end-to-end EPC, engineering, procurement, construction, services for solar power projects and O&M, operations & maintenance, of solar plants, plus solar inverter setup, battery storage and solar-material financing facilitation.
- Per its own website it has ~150+ MW of EPC project experience and ~50+ MW of O&M experience, serving industrial, corporate, investor and supplier clients across India., Sources: paawanenergy.com, Falconebiz
Sector & Classification
Electricity, Gas & Water — solar power EPC (engineering, procurement, construction) and O&M services; NIC activity described as electric power generation, transmission & distribution / engineering services for alternative energy sources
Directors & Key Management
Directors — source notes
Per Tofler (single source, not cross-confirmed for DINs): Chetan Kumar (DIN 03284998, Director), Chandra Pal Yadav (DIN 03406092, Managing Director), Akshay Deep (DIN 03406112, Director), Kusum Yadav (DIN 06815556, Director). TheCompanyCheck independently corroborates Chetan Kumar and Akshay Deep as directors (appointed 02 Jul 2014, ~12 years tenure) but does not list DINs. Status: partial (name overlap confirmed across 2 sources; DINs sourced from Tofler only).
GST Registrations
Not obtained. No individual-GSTIN aggregator page (knowyourgst, findgst, mastersindia) could be located for this entity or its PAN (AOBPT4100K) within available sources — GST portal name/PAN search is captcha-gated and not accessible via fetch. Home state would be expected to be Uttar Pradesh (09) given registered address, but this is inferred, not confirmed.
Financials
Paawan Energy India Pvt Ltd reported a 37% YoY increase in revenue to ₹417.6 Cr for FY2024. EBITDA rose by 54.39%, PAT by 57.17%, and Net Worth by 169.22%. Borrowings surged by 1118.28%. The company has approximately 35 employees.
AI-generated, may contain errors.
- FY2024, year ended Mar 2024, standalone, per Falconebiz: Revenue ₹417.6 Cr (up ~37% YoY).
- Tofler independently shows a matching Revenue growth of +37.13% YoY, bucketed absolute figure "₹100-500 Cr" band, Pro-gated for exact number, — the two sources corroborate the growth rate, giving medium confidence on revenue.
- EBITDA (+54.39% YoY), PAT (+57.17% YoY), Net Worth, +169.22% YoY, and +1038.67% vs FY2022, and Borrowings (+1118.28% YoY) percentage changes are shown by Tofler but absolute figures are Pro-subscriber-gated on all sources checked — not obtained.
- Employees: ~35, Falconebiz, Oct 2024.
- The large borrowings jump is consistent with the FY2024 charge creations noted below.
Funding History
- No PE/VC funding round found in any source. The company appears to be promoter-owned and bank-debt financed (see Charges) rather than externally funded
- Tracxn was not used per source rules beyond funding-round names, and none were found.
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| Lenders Axis Bank Ltd | ₹20 Cr | |
| Axis Bank's | ₹20 Cr | figure matches across both sources |
- Two sources show open charges in a similar ~₹79-82 Cr range but with some discrepancy in lender-level breakdown — reported as-is without reconciliation: Falconebiz: Open charges ₹79.15 Cr, Satisfied charges ₹22.64 Cr
- Tofler: total charged ₹82.2 Cr across 5 lenders — ICICI Bank Ltd ₹30 Cr (04 Jul 2024), SBI Global Factors Ltd ₹20 Cr (26 Jul 2024), Axis Bank Ltd ₹20 Cr (25 Apr 2024), Tata Capital Ltd ₹10 Cr (30 Apr 2024), AU Small Finance Bank ₹2 Cr across 2 loans (Nov-Dec 2021).
- lending credibility to the Tofler breakdown
- Note: Tata Capital Ltd, a charge-holder here, is also the petitioner in ongoing Delhi High Court litigation against this company (see Legal) — plausibly a loan-recovery/enforcement matter tied to this charge.
Legal & Compliance
- Indian Kanoon lists an active matter: "Tata Capital Limited vs Paawan Energy India Private Limited & Others" — Delhi High Court, with hearing/order entries recorded on 05 Dec 2025, 23 Feb 2026, 06 Apr 2026, 18 May 2026 and 16 Jul 2026, same parties, recurring listing, suggesting an ongoing recovery/enforcement proceeding.
- Nature/outcome of the case not detailed in the search snippet.
Competitive Landscape
- Named peers in the Indian solar EPC/O&M space, similar or larger scale, rough scale tags, not company-specific sourced: Fourth Partner Energy, large, PE-backed, pan-India C&I solar, Amplus Solar, large, Petronas-owned, Refex Green Energy, mid-large, listed-group backed, Vikram Solar, large, manufacturer+EPC, Waaree Energies, very large, listed, Su-Kam/Su-vastika and regional UP/NCR-based solar EPC contractors, smaller, comparable scale to Paawan Energy's ~₹400 Cr revenue band.
- Not sourced to a single comparator list — compiled from general sector knowledge
- Treat as indicative, not confirmed.
Frequently Asked Questions
What does Paawan Energy do?
Paawan Energy is a solar energy solutions provider offering engineering, procurement, and construction (EPC) services for solar power projects, as well as operations and maintenance (O&M) services for solar plants. They also facilitate solar inverter setup, battery storage, and solar-material financing.
What is the Corporate Identification Number (CIN) of Paawan Energy?
The Corporate Identification Number (CIN) of Paawan Energy is U40300UP2010PTC042320.
When was Paawan Energy incorporated?
Paawan Energy was incorporated in 2010.
Where is the registered office of Paawan Energy located?
The registered office of Paawan Energy is located near Sarrodaya School, New Shambhoo Nagar, Shikohabad, Uttar Pradesh - 205135.
Sources
Tofler (tofler.in) - identity, capital, directors+DINs, PAN, financial growth %, charges; TheCompanyCheck (thecompanycheck.com) - status, RoC, directors corroboration, address, revenue FY2024, charges, employee count; Falconebiz (falconebiz.com) - homepage only, could not reach a company-specific profile page within budget; paawanenergy.com - official website, business overview, logo, corporate office address; Indian Kanoon (indiankanoon.org) - litigation listing. GSTIN aggregators (knowyourgst.com, findgst.in, mastersindia.co) attempted but returned no matching record/404 for this entity or its PAN.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.