DANS Group

What DANS Group does

DANS Group (legal entity: DANS Energy Private Limited) is an Indian private hydropower developer headquartered in Gurgaon, India. The company operates a portfolio of two run-of-river hydroelectric projects in the Himalayan state of Sikkim: the 96 MW Jorethang Loop Hydro-Electric Project (JLHEP) and the 97 MW Tashiding Hydro-Electric Project (HEP), giving a combined operational capacity of 193 MW and design energy output of approximately 870.77 Mus annually. Each project is implemented through a wholly-owned special purpose vehicle — Dans Energy Pvt. Ltd. (DEPL) for Jorethang and Shiga Energy Pvt. Ltd. (SEPL) for Tashiding — on a Build, Own, Operate and Transfer (BOOT) basis with 35-year operational periods from commercial operation date.

The underlying technology is conventional run-of-river hydroelectric generation: surface powerhouses with vertical-axis Francis turbines (two units per plant), concrete-lined head race tunnels (6.8 km for Jorethang, 5.7 km for Tashiding), surge shafts, pressure shafts, and dedicated 220 KV double-circuit transmission infrastructure connecting to grid substations (Melli for Jorethang, Legship Pooling Station for Tashiding). Jorethang is positioned as the terminal project in a planned five-project cascade on the Rangit River.

DANS Group monetizes this capacity by selling generated electricity exclusively under long-term Power Purchase Agreements (PPAs) with Haryana Power Purchase Centre (HPPC) for supply to Haryana Discom, covering the entire operational life of both assets. The company's customer base is therefore concentrated in a single state utility counterparty. The company has 51–100 employees, holds all required environmental and forest clearances, and in January 2026 joined the International Hydropower Association to align with India's broader pumped storage hydropower expansion target of 51 GW by 2032.

Name

DANS Group

Legal name

DANS ENERGY PRIVATE LIMITED

Website

https://dansenergy.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

DANS Group is an Indian hydropower developer operating 193 MW of run-of-river hydroelectric capacity across two projects (Jorethang Loop HEP and Tashiding HEP) in Sikkim, selling power under long-term PPAs to Haryana Discom through BOOT arrangements.

Ownership category

akta.pro rank

Product category

Hydropower Generation

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)

Keywords

• Hydropower generation
• Run-of-river hydroelectric
• Renewable energy production
• BOOT power projects
• Independent power producer

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Others

Revenue model

1. Power Generation and Sale: DANS Group generates electricity through its operational hydroelectric plants (Jorethang Loop HEP and Tashiding HEP) and sells power under long-term PPAs to state power distribution companies. The company operates on BOOT (Build, Own, Operate, Transfer) basis with 35-year operational periods from commercial operation date.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

DANS Group is a private Indian hydropower developer that constructs, owns, and operates run-of-river hydroelectric power plants on a Build, Own, Operate and Transfer (BOOT) basis. It currently operates two projects in Sikkim — the 96 MW Jorethang Loop HEP and the 97 MW Tashiding HEP (combined 193 MW capacity) — and sells the generated electricity to state power distribution companies under long-term Power Purchase Agreements.

Product overview

DANS Group operates as a hydropower development company that constructs, owns, and operates hydroelectric power plants for sustainable and renewable energy generation. The company operates two operational hydro power projects: the 96 MW Jorethang Loop HEP and the 97 MW Tashiding HEP, both located in the Himalayan state of Sikkim, India. Combined operational capacity is 193 MW. These projects are implemented through special purpose vehicles — Dans Energy Pvt. Ltd. (DEPL) for Jorethang and Shiga Energy Pvt. Ltd. (SEPL) for Tashiding — on a Build, Own, Operate and Transfer (BOOT) basis with 35-year operational periods. Both projects sell power to Haryana Discom under long-term PPAs with Haryana Power Purchase Centre.

Differentiator

Problem solved

Functional benefit

Products and services

• Jorethang Loop Hydro-Electric Project (JLHEP) A 96 MW run-of-river hydroelectric power project located in South/West District of Sikkim, ~5 km upstream of Jorethang town on the Rangit River; terminal project in a cascade development of five projects on the river. Includes barrage with silt excluder, 6.8 km head race tunnel, 25 m diameter surge shaft, pressure shaft, surface powerhouse with two 48 MW units, tailrace pool, outdoor 220 KV switchyard, and 10 km 220 KV double circuit transmission line to Melli grid station. Design energy output is 445.7 Mus. Power is sold under a long-term PPA with Haryana Power Purchase Centre for the entire project life.
• Tashiding Hydro-Electric Project (Tashiding HEP) A 97 MW run-of-river hydroelectric power project located in West Sikkim on the Rathong Chhu (a tributary of the Rangit River). Includes a 40.25 m concrete barrage with 4 radial spillway gates, 5.7 km concrete-lined D-shaped head race tunnel, 72.5 m surge shaft, 234 m pressure shaft, 282 m surface penstock, surface powerhouse with two 48.5 MW vertical axis Francis turbines, and 6.9 km 220 KV double circuit transmission line to Legship Pooling Station. Design energy output is 425.07 Mus. Environmental clearance granted 29 July 2010; forest clearance granted 24 September 2011.

Quantifiable outcome

• 193 MW total operational renewable capacity
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• International Hydropower AssociationcoreStrategic or Co-development Partner · 9 January 2026DANS Group joined the International Hydropower Association as a member to strengthen India's renewable energy leadership. Through this engagement, DANS Group aims to collaborate with global hydropower leaders and adopt international best practices to enhance its contribution to sustainable development goals. The membership aligns with India's aggressive expansion of pumped storage hydropower, targeting 51 GW of additional capacity by 2032.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SJVN Limited: Major Indian hydropower developer (formerly Satluj Jal Vidyut Nigam) with operational assets in Himachal Pradesh and neighboring states. Comparable business model — hydroelectric generation under long-term PPAs with state utilities — and similar regulatory framework exposure.
• NHPC Limited: India's largest hydropower developer and a public sector enterprise with extensive operational hydro capacity across the country. Directly comparable to DANS as a run-of-river and storage hydropower IPP selling to state DISCOMs under long-term PPAs.
• THDC India Limited: Indian hydropower developer (subsidiary of NTPC) operating projects in Uttarakhand and other Himalayan regions. Closely matches DANS's run-of-river technology, scale, and customer base (state power distribution companies).
• NEEPCO: North Eastern Electric Power Corporation — Indian public sector hydropower and thermal IPP with operations concentrated in northeastern Himalayan states. Directly comparable in technology, scale, and offtake profile.

Broad incumbents

• Reliance Power: Indian power generation company with a mix of hydro and thermal assets. Comparable as a private-sector Indian IPP with hydropower projects and PPA-based revenue, though operates at much larger scale and broader geography.
• Adani Green Energy: India's largest renewable energy company by capacity, part of the Adani Group. Comparable as an Indian renewable IPP with long-term PPAs to state utilities, though primarily focused on solar and wind rather than hydro.
• Statkraft: Norwegian state-owned hydropower company and Europe's largest renewable energy generator. Comparable as a global pure-play hydropower operator with deep technical expertise in run-of-river and storage projects.
• Greenko Group: One of India's largest renewable energy IPPs with a diversified portfolio including hydro, wind, and solar. Comparable as a privately-held Indian renewable IPP selling power under long-term PPAs, though broader in technology scope.
• Tata Power: Major Indian integrated power utility with significant hydropower assets among its diversified generation portfolio. Comparable as a long-established hydro operator selling to Indian state and private offtakers.

Regional players

• Jindal Power: Indian power generation company (part of Jindal Group) with diversified thermal and renewable capacity. Comparable as an Indian IPP selling to state utilities under PPAs, though primarily focused on thermal generation rather than hydro.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dans-energy-private-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DANS Group