Kalpa Power
- Company typePrivate
- Founded2017
- HeadquartersPune, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
Kalpa Power firmographics
Firmographics- Name
- Kalpa Power
- Legal name
- Kalpa Power Private Limited
- Website
- https://kalpapower.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Kalpa Power industry classification
Industry- Product category
- Solar EPC and Energy Storage Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)
- akta.pro secondary industries
- Utility-Scale Power Generation Asset Management (EUAEAMAA), Backup & Resilience Power Systems (Standby Generators, Critical Facilities) (EUACALAG), Protection, Metering & Grid Compliance Systems (Relays, Revenue Metering, PQ) (EUAEADAE), SCADA, Controls & Communications Integration (RTU, Fiber, Networking) (EUAEADAD)
Keywords
Where Kalpa Power is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Kalpa Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- EPC Services - Solar & BESS Installation: Engineering, procurement, and construction services for on-site solar and battery energy storage solutions. Revenue generated from project-based installations for commercial and industrial customers.
- Asset Management & Maintenance: Ongoing monitoring and maintenance services for renewable energy assets to ensure peak efficiency throughout lifecycle. Includes preventative management, inverter monitoring, cleaning, breakdown handling, and system data analysis.
- Off-Site Renewable Power (Open Access): Development of large-scale renewable energy farms supplying clean power to businesses through open access route.
- Project Funding Options: Financing solutions offered to support and enable execution of energy management projects for customers.
- PPA/Solar Lease Model: Power Purchase Agreement model where customers pay for solar power at approximately Rs. 7-8/unit over 20 years without upfront cost, as alternative to outright purchase.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Commercial Rate: Rs. 18/kWh | Industrial Rate: Rs. 10/kWh |
| Subscription | Multi-year contract | PPA/Lease: Rs. 7-8/unit over 20 years |
| One time/ perpetual license | Pay-as-you-go | Rooftop Solar for areas < 1,00,000 sq. ft. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Kalpa Power product offering
Product offeringCore offering
Kalpa Power is an energy management company that designs, engineers, builds, and maintains solar photovoltaic and battery energy storage systems for commercial and industrial customers in India. It delivers turnkey EPC execution for on-site rooftop solar and off-site open-access solar farms, anchored by its flagship WATTBANK productized Battery Energy Storage Service, and provides end-to-end asset management with 24x7 proprietary remote monitoring.
Product overview
Kalpa Power is an energy management company offering a comprehensive portfolio of solar and battery energy storage solutions. The core offering consists of turnkey EPC execution for on-site and off-site solar power systems, complemented by the flagship WATTBANK BESS product (India's first productized battery energy storage service), asset management services, and energy efficiency consulting. The product portfolio is organized around three main pillars: On Site Power Solutions (rooftop solar, BESS), Off Site Renewable Power (open access solar farms), and Asset Management (monitoring and maintenance). Supporting services include infrastructure management, energy efficiency optimization, and sustainability consulting aligned with RE100 and Net Zero commitments.
Differentiator
Problem solved
Functional benefit
Brands
- WATTBANK: India's first productized Battery Energy Storage System (BESS) service designed for commercial multi-storied establishments with connected load between 500 kW and 1 MW. Promises up to 50% peak tariff savings and 20% electricity bill reduction.
Products and services
- WATTBANK BESS Productized Battery Energy Storage Service built with Lithium Iron Phosphate (LFP) batteries for commercial multi-storied establishments with connected load between 500 kW and 1 MW. Delivers 20-50% peak tariff savings, guaranteed energy delivery, 24x7 data visibility, and 25-year operational life.
- On-Site Solar EPC Turnkey Engineering, Procurement, and Construction (EPC) of rooftop solar and BESS solutions that convert space within client premises into reliable long-term sources of clean and economical power for commercial and industrial customers.
- Off-Site Renewable Power (Open Access) Development of large-scale renewable energy farms that supply reliable, clean power to businesses through the open access route, providing large-scale solar access without geographical constraints.
- Solar Asset Management End-to-end monitoring and maintenance of renewable energy assets to ensure peak efficiency throughout their lifecycle, including inverter monitoring, module cleaning, breakdown handling, and system data analysis.
- Solar Power Purchase Agreement (PPA) Solar lease/PPA model where customers pay approximately Rs. 7-8/unit over a 20-year contract without upfront cost, offering an alternative to outright system purchase for commercial and industrial buyers.
Quantifiable outcome
- 20-50% reduction in electricity bills with WATTBANK BESS
- +3 more outcomes
Companies that use Kalpa Power
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Kalpa Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Kalpa Power partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- WATTBANK (Product Brand)coreWATTBANK is Kalpa Power's proprietary product brand - India's first productized Battery Energy Storage Service (BESS). Not a partnership but an owned product line.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Kalpa Power competitors and assessment
Company assessmentDirect peers
- Fourth Partner Energy: India-focused distributed solar and BESS company serving C&I customers via on-site and open-access models, directly overlapping Kalpa's turnkey EPC and PPA offering.
- CleanMax: Leading Indian C&I renewable energy provider offering rooftop and open-access solar plus storage, competing for the same commercial and industrial buyers as Kalpa.
- Amplus Solar: Distributed energy company delivering rooftop solar, open access, and energy solutions to Indian C&I clients, closely mirroring Kalpa's on-site/off-site model.
- Sunsure Energy: Indian open-access and on-site renewable energy developer for C&I customers, directly comparable in market and business model to Kalpa Power.
- Cleantech Solar: Pan-Asia C&I solar developer providing on-site and off-site PPAs, overlapping with Kalpa's PPA/lease and open-access solar offerings in India.
- Amp Energy India: Renewable IPP and C&I solar developer in India offering rooftop, open access, and storage, competing directly in Kalpa's core market.
- Radiance Renewables: Indian distributed renewable platform providing on-site and open-access solar plus storage to C&I clients, closely aligned with Kalpa's offerings.
Emerging players
- SolarSquare Energy: Fast-growing Indian solar EPC serving businesses and homes, comparable to Kalpa on rooftop EPC execution and digital go-to-market.
- Freyr Energy: India-based solar EPC targeting SME/C&I rooftop customers with financing and a tech-enabled sales approach, similar to Kalpa's segment and funding options.
Broad incumbents
- Tata Power Solar: Large, established Indian solar EPC and manufacturer with broad utility and C&I coverage, overlapping Kalpa's EPC scope but at far greater scale and portfolio breadth.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Kalpa Power social profiles
Digital presenceKalpa Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kalpa Power leadership team
Management profileNumber of profiles
Profiles4 records
Kalpa Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kalpa Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kalpa Power
What does Kalpa Power do?
Kalpa Power is an energy management company that designs, engineers, builds, and maintains solar photovoltaic and battery energy storage systems for commercial and industrial customers in India. It delivers turnkey EPC execution for on-site rooftop solar and off-site open-access solar farms, anchored by its flagship WATTBANK productized Battery Energy Storage Service, and provides end-to-end asset management with 24x7 proprietary remote monitoring.
Is Kalpa Power a public or private company?
Kalpa Power is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Kalpa Power founded?
Kalpa Power was founded in 2017. It employs 51 to 100 people.
Where is Kalpa Power based?
Kalpa Power is headquartered in Pune, India, in the Asia region.
How does Kalpa Power make money?
Five revenue lines are on record. EPC Services - Solar & BESS Installation is the primary driver. The others are asset Management & Maintenance, off-Site Renewable Power (Open Access), project Funding Options and PPA/Solar Lease Model.
Who are Kalpa Power's main competitors?
Direct peers on record are Fourth Partner Energy, CleanMax, Amplus Solar, Sunsure Energy, Cleantech Solar, Amp Energy India and Radiance Renewables. Emerging players are SolarSquare Energy and Freyr Energy. Tata Power Solar is listed as a broad incumbent.
Does Kalpa Power have an API?
No public API is recorded for Kalpa Power.
What industry is Kalpa Power in?
Kalpa Power's product category is Solar EPC and Energy Storage Services. Its primary akta.pro industry code is EUAEADAB, Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting), with a secondary code of EUAEAMAA, Utility-Scale Power Generation Asset Management. Its NAICS code is 221114 and its SIC code is 4911.