Company lists · Data refreshed September 2026

Top 25 Utility asset management companies based in India

RevenueBase identified 105 utility asset management companies headquartered in India as of September 2026 and tracks 4,726 professional contacts across them, including 348 with verified work emails. Mumbai is the largest hub.

This list covers utility asset management companies headquartered in India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 19, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 19, 2026 86% judged on-target in blind review
105Companies
4,726Contacts tracked
348Verified emails
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The 25 largest utility asset management companies based in India

Ranked by team size
Top 25 of 105 utility asset management companies based in India, ranked by team size, largest first. Data refreshed Sep 19, 2026. RevenueBase Smart Search rates how each company's information relates to utility asset management companies: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceMumbai, IndiaHQ checked Sep 19, 20261,001-5,000590 contacts →

Indirect evidence

“Stelmec is leading name in the Indian power industry, dedicated to delivering innovating and sustainable energy solutions to businesses and communities across the country.”

Source: RevenueBase Database · checked Sep 19, 2026
2Partial evidenceBengaluru, IndiaHQ checked Sep 19, 20261,001-5,000285 contacts →

Partial evidence

“Param Renewable Energy, the O&M arm of Gensol is transforming how renewable energy projects and assets are managed.”

Source: RevenueBase Database · checked Sep 19, 2026
3Indirect evidenceBengaluru, IndiaHQ checked Sep 19, 20261,001-5,000277 contacts →

Indirect evidence

“Enzen Global Solutions - India is part of the Enzen Group, a global, professional, knowledge practice that focuses on gaining, refining and sharing expertise in the energy and…”

Source: RevenueBase Database · checked Sep 19, 2026
4Strong evidenceIndiaHQ checked Sep 19, 20261,001-5,000234 contacts →

Strong evidence

“Hofincons is a 39 year old brand with approximately 3,900 employees on its rolls and a recognized leader in providing Industrial Asset management services.”

Source: RevenueBase Database · checked Sep 19, 2026
5Strong evidenceMumbai, IndiaHQ checked Sep 19, 2026201-500212 contacts →

Strong evidence

“TruBoard Partners is India’s first independent sector-agnostic Asset Performance Management company.”

Source: RevenueBase Database · checked Sep 19, 2026
6Strong evidenceMumbai, IndiaHQ checked Sep 19, 202651-200191 contacts →

Strong evidence

“Inspire Clean Energy provides comprehensive Asset management, Operations and Maintenance (O&M) services for Solar PV plants.”

Source: RevenueBase Database · checked Sep 19, 2026
7Indirect evidenceChennai, IndiaHQ checked Sep 19, 20261,001-5,000133 contacts →

Indirect evidence

“With over 60 clients and 1700+ staff, UPSPL Integrated Services has proudly been serving its clients for the past 13 years.”

Source: RevenueBase Database · checked Sep 19, 2026
8Indirect evidenceNoida, IndiaHQ checked Sep 19, 202651-200128 contacts →

Indirect evidence

“GEPDEC, the buzzword is innovation.”

Source: RevenueBase Database · checked Sep 19, 2026
9Strong evidencePune, IndiaHQ checked Sep 19, 202651-200125 contacts →

Strong evidence

“As a single-stop solution, AssetCues is a Fixed Asset Management product suite with solutions for automation of Asset Inventory, Asset Tracking and Management, Asset Maintenance…”

Source: RevenueBase Database · checked Sep 19, 2026
10Indirect evidenceAhmedabad, IndiaHQ checked Sep 19, 2026201-500113 contacts →

Indirect evidence

“Advait Energy Transitions Limited (previously known as Advait Infratech) is an NSE & BSE listed energy infrastructure and transition company, delivering transmission, renewable…”

Source: RevenueBase Database · checked Sep 19, 2026
11Partial evidenceNew Delhi, IndiaHQ checked Sep 19, 202651-20051 contacts →

Partial evidence

“N Arc Consulting Enggpluss Private Limited is an ISO 9001:2015 certified infrastructure advisory, engineering, and project management company with over two decades of experience…”

Source: RevenueBase Database · checked Sep 19, 2026
12Strong evidenceMumbai, IndiaHQ checked Sep 19, 202611-5047 contacts →

Strong evidence

“YOUR TRUSTED ASSET RENTAL PARTNER SINCE 2011 We are an asset lifecycle management company that focuses on the renting of assets to corporates & multinationals.”

Source: RevenueBase Database · checked Sep 19, 2026
13Indirect evidenceIndiaHQ checked Sep 19, 202651-20034 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 19, 2026
14Strong evidenceDelhi, IndiaHQ checked Sep 19, 2026201-50031 contacts →

Strong evidence

“Established in 1984, NDL is one of the leading transformer asset & life-cycle management organisations and, one that is held in high esteem even by our competitors.”

Source: RevenueBase Database · checked Sep 19, 2026
15Indirect evidencePalanpur, IndiaHQ checked Sep 19, 202611-5025 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 19, 2026
16Indirect evidenceVadodara, IndiaHQ checked Sep 19, 2026201-50018 contacts →

Indirect evidence

“At Zero Discharge Systems we have always believed that it is very easy to design and sell equipment, however the crux lies in operating and maintaining the equipment at the…”

Source: RevenueBase Database · checked Sep 19, 2026
17Indirect evidenceOffice, IndiaHQ checked Sep 19, 2026501-1,00013 contacts →

Indirect evidence

“RENOM is one of a kind operation and maintenance company backed by the well established Sanjay Ghodawat Group; established with a basic philosophy to deliver quality services…”

Source: RevenueBase Database · checked Sep 19, 2026
18Strong evidenceNew Delhi, IndiaHQ checked Sep 19, 202611-5012 contacts →

Strong evidence

Assets Roster is one of the world's leading and fastest-growing fixed asset management companies.”

Source: RevenueBase Database · checked Sep 19, 2026
19Partial evidenceNoida, IndiaHQ checked Sep 19, 2026201-5009 contacts →

Partial evidence

“We are a service solutions provider enabling asset owners, manufacturers, businesses and consumers to manage their field operations, asset operations, upgradations of…”

Source: RevenueBase Database · checked Sep 19, 2026
20Strong evidenceMumbai, IndiaHQ checked Sep 19, 202611-505 contacts →

Strong evidence

“Greenlance Energy is a specialized energy asset lifecycle management company that finances, builds, owns, operate & manages Solar Plants on RESCO Model.”

Source: RevenueBase Database · checked Sep 19, 2026
21Strong evidenceAhmedabad, IndiaHQ checked Sep 19, 20261-105 contacts →

Strong evidence

“Enertech Fuel Solutions Private Limited provides strategic services in Utilities Delivery Management, Infrastructure Management, Technical Advisory and Trading.”

Source: RevenueBase Database · checked Sep 19, 2026
22Strong evidenceDelhi, IndiaHQ checked Sep 19, 202651-2004 contacts →

Strong evidence

“RAVIM is a professional asset and infrastructure service management firm offering a diversified range of solutions to clients in development & investment services and ensure that…”

Source: RevenueBase Database · checked Sep 19, 2026
23Indirect evidenceAhmedabad, IndiaHQ checked Sep 19, 20261-104 contacts →

Indirect evidence

“We are a group of highly motivated and organized individuals having experience of more than 15 years in Service domain and we are supporting our customers in the Electrical Power…”

Source: RevenueBase Database · checked Sep 19, 2026
24Indirect evidenceNew Delhi, IndiaHQ checked Sep 19, 202611-502 contacts →

Indirect evidence

“S.R.”

Source: RevenueBase Database · checked Sep 19, 2026
25Indirect evidenceBangalore, IndiaHQ checked Sep 19, 202611-502 contacts →

Indirect evidence

“DI & P Services Pvt.”

Source: RevenueBase Database · checked Sep 19, 2026

Showing 25 of 105 utility asset management companies based in India

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Utility asset management companies based in India at a glance

As of Sep 19, 2026
7.4%Verified-email coverage
45.0Average contacts per company
11-50Median size (employees)
10.5%Largest-city concentration · Mumbai
Sep 19, 2026Page data refreshed

Companies by employee count

1-10
20
11-50
34
51-200
23
201-500
14
501-1,000
4
1,001-5,000
7
5,001-10,000
2
10001+
1

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 105 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among utility asset management companies, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in India whose own description of what they do matches “utility asset management companies”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names utility asset management companies), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among utility asset management companies, and records with no verified work email. Companies headquartered outside India are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 348 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 19, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names utility asset management companies, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many utility asset management companies are there based in India?

RevenueBase identified 105 utility asset management companies headquartered in India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Stelmec Limited, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most utility asset management companies?

Mumbai leads with 11 headquartered companies, followed by Ahmedabad (9) and Bangalore (8).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 348 verified decision-maker contacts tracked across these 105 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 19, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.