Draft:OMC Power
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| Company type | Private Limited |
|---|---|
| Industry | Distributed Energy, Solar Power |
| Founded | 2011 |
| Founder | Rohit Chandra, Sushil Jiwarajka, and Anil Raj |
| Headquarters | , |
Area served | India |
Key people | Rohit Chandra (Co Founder & CEO) |
| Website | www |
OMC Power
[edit]OMC Power is an Indian distributed energy company headquartered in Gurgaon, Haryana, India.[1][2][3] The company develops solar-powered microgrids and decentralized clean energy systems, primarily across rural areas of Uttar Pradesh.[4][5][6][7] It has been featured in major publications including The Wall Street Journal[4], Mint[1], Nikkei Asia[3], and The Hindu[5] for its work in rural electrification and microgrid deployment in India.
The company has also received investments from international firms such as Mitsui & Co., Chubu Electric Power, and Honda Motor Company, supporting its expansion into renewable energy solutions for both rural and commercial sectors.
History
[edit]OMC Power was founded in 2011 by Rohit Chandra, Sushil Jiwarajka, and Anil Raj.[4][5][6][7]The company began its operations in 2012 by setting up distributed solar microgrids in rural districts of Uttar Pradesh. These microgrids supplied electricity to villages, small businesses, and telecom towers in regions with limited grid access.[1]
In January 2015, OMC Power with other giants of Renewable energy signed a letter to Barack Obama to collaborate with Prime Minister Narendra Modi to develop a "Power India" initiative.[8]
In 2016, The Rockefeller Foundation, an American private foundation and philanthropic medical research organization partnered with OMC Power for construction and setup of 100 minigrids and community activities in rural Uttar Pradesh, India.[9][10]
By 2024, the company has set up over 400 microgrids in eighteen districts of Uttar Pradesh, with capacities ranging from 36 to 50kW.[11][12]
In July 2025, the company reported achieving PAT-positive status[13] and in the same year, it announced plans to invest ₹4,000 crore to build a 1,000 MW clean energy portfolio.[14]
Operations
[edit]OMC Power started its distributed energy operations in 2012 from rural areas of Indian state Uttar Pradesh and by 2024 it is operational in 400 villages.[15][16]
In 2023, OMC started a new vertical providing solar services in the Healthcare segment. It started with KGMU, Lucknow and has scaled up to 9 medical colleges with capacity of 1MW+ in Uttar Pradesh.[17][18]
Investments and Partnerships
[edit]OMC Power has attracted multiple rounds of strategic investment from international organizations:
- In 2017, OMC Power collaborated with Japanese company Mitsui & Co..[19][20]
- In May 2022, Japanese company Chubu Electric Power bought some stake from OMC Power at an agreed cost of 5 billion yen ($39 million).[21] And in November 2024, Chubu Electric expanded its investment in OMC Power to boost energy transition in India.[22]
- Honda became third Japanese entity to invests in OMC Power in October 2025[23][24][25] to reuse old EV batteries for clean energy supply[26]
The company has also signed project partnerships with Indian energy developers. In 2024, Jakson Group partnered with OMC Power for a 50 MW solar project in Uttar Pradesh.[27][28] In 2025, the company collaborated with Aerem solution to facilitate financing for rooftop solar installations for micro, small, and medium enterprises (MSMEs).[29]
Awards
[edit]OMC Power has received industry recognition for its work in decentralized clean energy including:
See also
[edit]References
[edit]- ^ a b c "In energy starved Indian villages, solar mini-grids light the way". Mint. 3 April 2017.
- ^ "Millions in New Investment Cap Record Year for Beyond the Grid Solar Markets". HuffPost. 23 October 2014.
- ^ a b "Microgrids lift villages out of dark age". Nikkei Asia. Archived from the original on 25 September 2024. Retrieved 25 September 2024.
- ^ a b c Krishna, R. Jai (29 July 2015). "Renewable Energy Powers Up Rural India". WSJ.
- ^ a b c "SunEdison inks pact with Omnigrid". The Hindu. 10 January 2015.
- ^ a b "Revolution@25kmph". BusinessLine. 24 July 2015.
- ^ a b "Lords, NRGY 6 Among Winners in UPNEDA's 500 MW Rooftop Solar Auction - Mercom India". Mercomindia.com.
- ^ "'Obama, PM Modi can work to develop power initiative'". The Economic Times. 28 January 2015.
- ^ Peralta, Joseph (6 April 2016). "Renewable Energy for India: A New Deal Could Impact 250 Million People". The Rockefeller Foundation. Archived from the original on 14 January 2025. Retrieved 25 September 2024.
- ^ "Rockefeller Foundation pledges $75 million to light up 1,000 villages". The Economic Times. 15 April 2015.
- ^ "Light club". Fortuneindia. 9 July 2015.
- ^ Patel, B. "OMC Power: Revolutionizing Rural Electrification in India". Bru Times News.
- ^ Kavitha (30 July 2025). "OMC Power Becomes India's First PAT-Positive Distributed Clean Energy Firm, Targets 1 GWp". SolarQuarter. Retrieved 27 October 2025.
- ^ "OMC Power to invest Rs 4,000 cr to build 1k MW clean energy portfolio in 3-5 years". The Economic Times. 30 July 2025. ISSN 0013-0389. Retrieved 27 October 2025.
- ^ Gatewayhouse (13 January 2016). "Minigrids: the next energy access beacon". Gateway House.
- ^ "Micro-grid firms look to govt for support". BusinessLine. 24 March 2015.
- ^ "KGMU signs MoU for 1MW solar power plant". Hisndustan Times. 18 February 2023.
- ^ "Privately run microgrids face challenges in rural areas". Business Today. 19 January 2015.
- ^ "Mitsui set to pick up stake in OMC Power". Livmint. 30 August 2017.
- ^ "OMC raises USD 12M funding and Impact Contribution to Renewable Energy based Access to Promote Reliable Energy in Rural India - ET EnergyWorld". ETEnergyworld.
- ^ "Japan's Chubu Electric to buy stake in India's rural renewable energy service company OMC Power". The Economic Times. 31 May 2022.
- ^ "Chubu Electric Japan Expands Investment in OMC Power to boost energy transition in India". Bru Times News.
- ^ "Honda Motor becomes third Japanese entity to invest in homegrown OMC Power, picks up minority stake". upstox.com. Retrieved 27 October 2025.
- ^ "Press Trust Of India". www.ptinews.com. Retrieved 27 October 2025.
- ^ "Honda Motor Buys Minority Stake in OMC Power". Outlook Business. 27 October 2025. Retrieved 27 October 2025.
- ^ "Honda buys stake in India's OMC Power to reuse old EV batteries for clean energy supply - CNBC TV18". CNBCTV18. 27 October 2025. Retrieved 27 October 2025.
- ^ "Jakson Group bags 50 MW solar rooftop project worth Rs 200 cr from OMC Power". The Economic Times. 30 December 2024.
- ^ "Jakson Group partners with OMC Power for 50 MW solar project worth Rs 200 Cr". Bru Times News.
- ^ Jena, Biswaranjan (9 May 2025). "Aerem and OMC Power Partner to Enable 200 Crore Solar Rooftop Financing for MSMEs". Business News This Week. Retrieved 27 October 2025.
- ^ "Asian Power Magazine: GAIL Bags Two Awards At The Asian Oil And Gas Awards 2023". affairscloud.com. 17 November 2023.
- ^ "Mercom India Awards - 2025". Mercomindia.com. Retrieved 27 October 2025.
External Links
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