India is undergoing a major transformation in its energy sector, driven by its ambitious target to add 470 GW of renewable energy capacity over the next decade. While large corporations often attract most of the attention, smaller companies are also playing an important role in shaping the country’s clean energy future.
One such company is Advait Energy Transitions, which is steadily expanding its presence in the green hydrogen and power transmission sectors. The company is working on developing its own electrolyzers, a key technology required for producing green hydrogen. It plans to set up a 30-megawatt assembly unit by early 2026 and aims to increase this capacity to 1 gigawatt over time. This move is expected to help the company benefit from the growing global demand for clean fuels.
In addition to hydrogen, Advait Energy is also focusing on energy storage. It is setting up a 2.5 gigawatt-hour Battery Energy Storage System facility, which will support grid stability as renewable energy sources like solar and wind continue to grow. With renewable energy being variable in nature, such storage systems are becoming increasingly important for ensuring a reliable power supply.
The broader power equipment industry in India is also seeing strong growth. Transmission infrastructure is receiving increased investments, estimated at around $8–9 billion annually. Advait Energy has reported a significant rise in its order book, growing by more than 130 percent year-on-year. This provides the company with strong revenue visibility for the next few years. Its work in specialized transmission tools and expansion into high-voltage glass insulators further strengthens its role in the sector.
Other companies are also contributing to this transition. Savita Oil Technologies is gaining attention for its sustainable transformer fluids. These biodegradable oils are increasingly being used in data centers and renewable energy systems because they offer better fire safety and cooling compared to traditional mineral oils.
Similarly, Quality Power Electrical Equipment is expanding its manufacturing capacity to meet rising global demand. The company is focusing on high-voltage grid equipment and technologies that support decarbonization.
Overall, India’s energy transition is not being driven by just a few large players. A wide range of emerging companies is contributing through innovation and investment in new technologies. With strong demand, expanding capacities, and supportive policies, these firms are expected to play a key role in the country’s move toward a cleaner and more sustainable energy system.
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