What we do Energy Development Company Ltd specializes in hydroelectric and wind power generation and infrastructure development such as bridge construction in India. |
Founded in 1,995 |
Market share An established player mainly in Karnataka and Kerala with multiple hydro projects contributing notable power capacity. |
Problem solved Provides clean, renewable energy solutions addressing regional power needs and infrastructure development. |
Top clients or who we serve Primarily sells power to state electricity boards like Karnataka and Kerala State Electricity Boards (B2B). |
Key management - |
Our journey and innovations Started with Harangi Hydro Plant in 1999, expanded with acquisitions and commissioned wind and additional hydro projects through 2025. |
Where we operate Operations focused mainly in Karnataka, Kerala, Uttarakhand, and Arunachal Pradesh states in India. |
Top products or what we offer Hydroelectric power generation, wind energy projects, infrastructure construction, and maintenance services. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from recurring long-term power purchase agreements with government utilities. |
Our industry position Niche in small to medium hydro power projects with steady operations and government contracts. |
Financial highlights Standalone revenue approx. ₹1150 million FY25; consolidated revenue ₹3276 million; posted loss of ₹972.6 million FY25 due to exceptional items. |
Geographical revenue split - |
Order book - |
Whats driving growth Renewable energy demand, government PPAs, capacity expansions, and diversification into wind power. |
Our future plans Focus on hydro and wind projects growth through 2025; developing small hydro projects in Uttarakhand and Arunachal Pradesh. |
Our green promise Committed to renewable energy generation contributing to sustainable power supply. |
Our people and values Diverse leadership with an emphasis on governance and operational excellence. |
Key challenges ahead Income tax disputes and financial performance pressure; delays in subsidiary reporting. |
Interesting facts Operates one of Karnataka's earliest mini hydroelectric projects commissioned in 1999. |
Risks and strategy Legal tax demands challenged legally; risk management policies implemented; focus on long-term renewable contracts. |
