Greenfuel Energy Solutions
Greenfuel Energy Solutions manufactures CNG, LNG, and Hydrogen fuel system components and station products as a Tier 1 supplier to major Indian OEMs, including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra. Part of Lumax – DK Jain Group.
- Company typePrivate
- Founded2006
- HeadquartersGurugram, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Greenfuel Energy Solutions does
Greenfuel Energy Solutions is an India-based Tier 1 automotive component manufacturer specializing in clean mobility solutions, including CNG, LNG, and Hydrogen fuel system components for passenger vehicles, commercial vehicles, and refueling station infrastructure. Founded in 2006 by Akshay Kashyap and headquartered in Gurugram (Manesar), the company manufactures a comprehensive portfolio spanning vehicle-side components (filters, check valves, cylinder valves, filling receptacles, ECUs, pressure regulators, H2 tank sub-assemblies, injectors, refueling panels supporting 350 bar and 700 bar applications) and station-side products (dispensers, nozzles, hoses, breakaway couplings, cascade skids, high-pressure filtration). Greenfuel holds patents for India's first indigenous CNG products, was the first to introduce NGV fast-filling systems and automatic cylinder valves in India, and is the only company in India to produce complete fuel delivery and storage systems for low-floor buses; its components have accumulated over 40 billion kilometers of on-road validation.
The company operates a B2B Tier 1 supplier model, generating revenue primarily through hardware sales to automotive OEMs for factory-fitted CNG, LNG, and Hydrogen systems, as well as aftermarket and station infrastructure products. Key customers include Maruti Suzuki, Tata Motors, and Mahindra & Mahindra, with the company claiming 8 of 10 buses in India run on Greenfuel-supplied components. Greenfuel holds IATF 16949:2016, ISO 14001:2015, and ISO 45001:2018 certifications, with PESO compliance for safety-critical station products. Pricing is not publicly disclosed; as a Tier 1 supplier, contracts are negotiated directly with OEM engineering teams. In November 2024, Lumax Auto Technologies acquired a majority stake, and in February 2026 the NCLT-approved merger with Lumax Resources became effective, formally positioning Greenfuel as a subsidiary within the Lumax – DK Jain Group. The company has expanded into lithium-ion battery solutions for E-Mobility and Energy Storage Systems through partnerships with EVE Energy and noco-noco.
Greenfuel Energy Solutions firmographics
Firmographics- Name
- Greenfuel Energy Solutions
- Legal name
- Lumax Greenfuel Energy Solutions Pvt. Ltd.
- Website
- https://greenfuelenergy.in
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Greenfuel Energy Solutions manufactures CNG, LNG, and Hydrogen fuel system components and station products as a Tier 1 supplier to major Indian OEMs, including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra. Part of Lumax – DK Jain Group.
- Ownership category
- akta.pro rank
Greenfuel Energy Solutions industry classification
Industry- Product category
- Automotive Clean Energy Components
- NAICS
- Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Other Engine Equipment Manufacturing (333618)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)
- akta.pro secondary industry
- Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI)
Keywords
Where Greenfuel Energy Solutions is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Greenfuel Energy Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Automotive OEM Component Sales: Greenfuel generates revenue primarily through the sale of CNG, LNG, and Hydrogen components to automotive OEMs. Components are sold directly to OEM manufacturers for inclusion in factory-fitted vehicle systems. Revenue is derived from high-volume, recurring orders as a Tier 1 supplier.
- Aftermarket and Station Products: Sale of components for refueling station infrastructure and aftermarket replacement parts for vehicles already in service. Supports both OEM-approved car products and petroleum/explosives safety compliant station products.
- Lithium-ion Battery Solutions: Greenfuel has expanded into lithium-ion batteries for E-Mobility and Energy Storage Systems (ESS), launching wall-mount lithium batteries for home inverters, with partnerships for sourcing lithium cells.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Greenfuel Energy Solutions product offering
Product offeringCore offering
Greenfuel Energy Solutions is a Tier 1 automotive component manufacturer that produces CNG, LNG, and Hydrogen fuel system components for both vehicle and refueling station applications. The company supplies factory-fitted components to leading Indian OEMs (Maruti Suzuki, Tata Motors, Mahindra & Mahindra) and also offers fire safety, petrol/diesel-to-CNG conversion kits, and lithium-ion battery solutions for E-Mobility and Energy Storage Systems. Manufacturing is anchored at its Gurugram (Manesar) and Jhajjar facilities under a zero-defect quality regime with IATF 16949, ISO 14001, and ISO 45001 certifications.
Product overview
Greenfuel Energy Solutions is a Tier 1 supplier of green mobility and clean energy solutions, manufacturing a comprehensive portfolio of CNG, LNG, and Hydrogen components for both vehicle (commercial and passenger) and station applications. The product portfolio spans three core technology verticals: CNG products (covering station dispensers, breakaway couplings, cascade skids, nozzles, hoses, plus passenger vehicle filters, check valves, cylinder valves, filling receptacles, and commercial vehicle manifolds, filters, and fast-filling receptacles), LNG products (covering cryogenic station hoses and commercial vehicle filters, regulators, tube fittings, and tanks), and Hydrogen products (covering station nozzles, filters, breakaway couplings, dispensers, and hoses, plus vehicle ECUs, pressure regulators, H2 tanks, injectors, refueling panels, and HPR panel assemblies). The company also produces PESO-compliant fire safety products and has a ferrule-less tube and fitting manufacturing line for CNG vehicles. All products are distributed under the WEH® brand for certain components sourced from German partner WEH Gas Tech, and all products target top Indian automotive OEMs including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra.
Differentiator
Problem solved
Functional benefit
Products and services
- CNG Station Products Complete portfolio of CNG refueling station components including CNG dispensers, WEH® breakaway couplings, cascade skids with Type 4 cylinders, WEH® filling nozzles, and high-pressure hoses for safe, efficient, and durable station infrastructure. Targeted at CNG station operators and gas distribution companies.
- CNG Passenger Vehicle Products Complete range of CNG components for passenger vehicles including WEH® CNG filters, check valves, pressure gauges, tubes and fittings, WEH® filling receptacles, and cylinder valves engineered for factory-fitted and retrofit CNG applications. Targeted at automotive OEMs and CNG conversion-kit installers.
- CNG Commercial Vehicle Products Comprehensive suite of CNG components for commercial fleets including WEH® CNG check valves, cylinder valves, fast filling receptacles (NGV2), high-pressure gauges, WEH® high-pressure CNG filters, WEH® high-pressure manifolds, and pre-bent tubes and fittings for buses, trucks, and delivery vans. Targeted at commercial vehicle and bus OEMs.
- Fire Safety Products PESO-compliant fire safety solutions for CNG stations and vehicles, including ABC dry powder fire extinguishers, flame detectors, gas leak sensors, automatic fire suppression systems, emergency shut-off valves, panic buttons, and personal protective equipment (PPE). Targeted at fuel station operators, fleet operators, and OEMs.
- LNG Station Products Advanced cryogenic LNG station components including multi-layer insulated LNG hoses designed for cryogenic temperatures, preventing thermal loss and ensuring operator safety during fuel transfer between storage tanks and vehicles. Targeted at LNG refueling station operators.
- LNG Commercial Vehicle Products Cryogenic LNG components for heavy-duty commercial vehicles including LNG filters, pressure regulators, tube fittings, and insulated LNG tanks with minimal boil-off performance, designed for long-haul trucks and buses. Targeted at commercial vehicle OEMs and long-haul fleet integrators.
- Hydrogen (H2) Station Products Hydrogen refueling station components including WEH® H2 filling nozzles for cars and buses (350 bar and 700 bar), WEH® H2 filters, WEH® H2 breakaway couplings, H2 filling dispensers, and WEH® H2 high-pressure hoses. Targeted at hydrogen refueling station operators and gas distribution companies.
- Hydrogen (H2) Vehicle Products Comprehensive hydrogen vehicle components including Electronic Control Units (ECU), electronic pressure regulators, H2 tank sub-assemblies, H2 injectors, pre-bent tubes, pressure transducers, refueling panels (350 bar to 700 bar), hydrogen HPR panel assemblies, liquified H2 pressure relief valves, service defueling ports, mechanical pressure regulators (700 bar), and purge valve system isolation valves. Targeted at hydrogen vehicle OEMs and Tier-1 integrators.
- Ferrule-Less Tube and Fitting Manufacturing Line (Manesar) India's first localized ferrule-less tube and fitting manufacturing line for CNG vehicles, previously fully imported. The line has capacity to support approximately 100,000 vehicles and is already supplying a leading OEM in collaboration with German partner WEH Gas Tech. Targeted at automotive OEMs requiring previously imported CNG tube and fitting technology.
- Lithium-Ion Battery Solutions for E-Mobility and Energy Storage Lithium-ion battery solutions spanning wall-mount lithium batteries for home inverters, E-Mobility applications, and Energy Storage Systems (ESS), supported by lithium-cell sourcing through EVE Energy and battery longevity technology from noco-noco. Targeted at electric vehicle manufacturers, home inverter buyers, and energy storage system providers.
Quantifiable outcome
- 40+ billion km of real-world validation on road with Greenfuel CNG components
- +4 more outcomes
Companies that use Greenfuel Energy Solutions
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Greenfuel Energy Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Greenfuel Energy Solutions partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, major and minor.
- WEH Gas Tech (Germany)coreGerman technology partner for ferrule-less tube and fitting technology. Greenfuel collaborated with WEH Gas Tech to localize India's first ferrule-less tube and fitting manufacturing facility in Manesar. This partnership enabled indigenization of previously fully imported technology. WEH is also referenced as the supplier for CNG filters, check valves, filling receptacles, filling nozzles, breakaway couplings, and H2 station products.
- Lumax Auto Technologies LimitedcoreLumax Auto Technologies acquired a majority stake in Greenfuel in November 2024. Lumax is a listed auto component company (NSE: LUMAXTECH) transforming from Tier-1 supplier to Tier-0.5 systems integrator. The merger between Greenfuel Energy Solutions Private Ltd and Lumax Resources Private Ltd was approved by NCLT Chandigarh, effective February 3, 2026. Greenfuel now supplies CNG/hydrogen fuel systems for Lumax's integrated cockpit offerings including Mahindra's BE6 and XEV 9e EVs.
- EVE EnergymajorGreenfuel partnered with EVE Energy for sourcing lithium cells for battery manufacturing. EVE Energy is a leading global lithium battery cell manufacturer. This partnership supports Greenfuel's expansion into lithium-ion batteries for E-Mobility and Energy Storage Systems.
- Greenfuel Battery Division / ChargeupminorGreenfuel's Battery Division partnered with Chargeup, an asset management and energy platform for India's three-wheeler ecosystem. Founder Akshay Kashyap is also an investor and mentor in Chargeup. The partnership focuses on IP-led digital solutions addressing operational gaps in EV adoption for underserved three-wheeler segments.
- VENTREXmajorGreenfuel announced partnership with global leader Ventrex for clean mobility solutions. Ventrex is a global company specializing in automotive fuel systems. The partnership was announced through a press release in January 2024.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Greenfuel Energy Solutions competitors and assessment
Company assessmentBroad incumbents
- Endurance Technologies: Indian Tier 1 automotive component manufacturer specializing in suspensions, brakes, and drivetrain components for two-wheelers and commercial vehicles. Comparable as an Indian Tier 1 supplier with similar OEM-embedded distribution model.
- Sundaram Fasteners: Indian Tier 1 automotive fastener and precision component manufacturer supplying major OEMs including Tata Motors. Comparable as a deeply embedded Indian Tier 1 supplier with similar quality and OEM-relationship dynamics.
- Lumax Auto Technologies: Listed Indian Tier 1 / Tier-0.5 automotive systems integrator and parent company of Greenfuel following the 2024 acquisition. Highly comparable given direct ownership relationship and shared OEM customer base.
- Bosch India: Major Indian presence of Bosch, supplying automotive components including fuel systems and emerging-mobility technologies to leading OEMs. Comparable as a Tier 1 supplier serving Maruti Suzuki, Tata Motors, and other Greenfuel customers.
- Subros: India's largest automotive AC system manufacturer, supplying OEM-fitted HVAC to Maruti Suzuki and other Indian OEMs. Comparable as a Tier 1 thermal/fluid system component supplier with deep OEM integration.
- Uno Minda: Leading Indian Tier 1 automotive component manufacturer with diversified portfolio across lighting, switches, acoustics, and emerging EV/clean-mobility components. Comparable as an Indian Tier 1 supplier with similar OEM customer base and scale.
Direct peers
- BRC Gas Equipment: Italian manufacturer of CNG/LPG fuel system components and kits, supplying OEMs globally. Comparable as a direct competitor in natural gas vehicle components with overlapping vehicle and station product lines.
- Landi Renzo: Italian global leader in CNG, LNG, LPG, and hydrogen fuel system components for automotive OEMs. Directly comparable as a Tier 1 supplier of alternative-fuel vehicle components with similar product breadth and OEM-embedded go-to-market.
- Tomasetto Achille (CFT Group): Italian producer of CNG/LPG injectors, regulators, valves, and fittings for automotive applications. Comparable as a component manufacturer serving the same alternative-fuel vehicle value chain as Greenfuel.
Emerging players
- Craftsman Automation: Indian precision engineering and automotive component manufacturer supplying diverse OEMs with machined and sub-assembled components. Comparable as a growth-stage Indian auto component supplier pursuing OEM-embedded expansion.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Greenfuel Energy Solutions social profiles
Digital presenceGreenfuel Energy Solutions compliance and trust
Trust signalCompliance4 records
Greenfuel Energy Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Greenfuel Energy Solutions leadership team
Management profileNumber of profiles
Profiles10 records
Greenfuel Energy Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Greenfuel Energy Solutions 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 Greenfuel Energy Solutions
What does Greenfuel Energy Solutions do?
Greenfuel Energy Solutions is a Tier 1 automotive component manufacturer that produces CNG, LNG, and Hydrogen fuel system components for both vehicle and refueling station applications. The company supplies factory-fitted components to leading Indian OEMs (Maruti Suzuki, Tata Motors, Mahindra & Mahindra) and also offers fire safety, petrol/diesel-to-CNG conversion kits, and lithium-ion battery solutions for E-Mobility and Energy Storage Systems. Manufacturing is anchored at its Gurugram (Manesar) and Jhajjar facilities under a zero-defect quality regime with IATF 16949, ISO 14001, and ISO 45001 certifications.
Is Greenfuel Energy Solutions a public or private company?
Greenfuel Energy Solutions is a private company. It is classified as corporate owned and is currently operating.
When was Greenfuel Energy Solutions founded?
Greenfuel Energy Solutions was founded in 2006. It employs 501 to 1,000 people.
Where is Greenfuel Energy Solutions based?
Greenfuel Energy Solutions is headquartered in Gurugram, India, in the Asia region.
How does Greenfuel Energy Solutions make money?
Three revenue lines are on record. Automotive OEM Component Sales are the primary driver. The others are aftermarket and Station Products and lithium-ion Battery Solutions.
Who are Greenfuel Energy Solutions's main competitors?
Broad incumbents on record are Endurance Technologies, Sundaram Fasteners, Lumax Auto Technologies, Bosch India, Subros and Uno Minda. Direct peers are BRC Gas Equipment, Landi Renzo and Tomasetto Achille (CFT Group). Craftsman Automation is listed as an emerging player.
Does Greenfuel Energy Solutions have an API?
No public API is recorded for Greenfuel Energy Solutions.
What industry is Greenfuel Energy Solutions in?
Greenfuel Energy Solutions's product category is Automotive Clean Energy Components. Its primary akta.pro industry code is IMACABAK, Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells), with a secondary code of EUAMAHAI, Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management). Its NAICS code is 33361 and its SIC code is 3533.