What Paras Energy does

Paras Energy Private Limited is a privately held Indian industrial equipment manufacturer founded in 2013 and headquartered at Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh. The company designs, manufactures, and supplies oil and gas-fired thermal solutions under its proprietary HOTPOWER brand, covering a portfolio of burners spanning capacities from 12 KW to 11,200 KW and temperature ranges from 350°C to 1450°C. The product line includes Monoblock burners (HOTPOWER-FM), Power burners (HOTPOWER-FAB), Automatic Furnace burners (HOTPOWER-FC), Conventional Furnace burners (HOTPOWER-LAP), Tube Firing burners (HOTPOWER FTM/FTC), and Flare burners, complemented by gas train assemblies and components including manual and solenoid valves, filters, pressure regulators, air-gas ratio regulators, pressure switches, flame sensors, burner sequence controllers, and gas flow meters. Technical features include pressure-balanced air-gas ratio regulation, oxygen trim, and automatic air-fuel firing rate control; every burner is fire-tested at an in-house facility prior to dispatch.

The company operates a direct, quote-based B2B sales model targeting enterprise industrial customers across more than twenty Indian verticals — including oil and gas, glass and ceramics, ferrous and non-ferrous metals, galvanizing, foundries, heat treatment, paper, textiles, packaging, printing, coatings, automobiles, chemicals, food processing, pharmaceuticals, construction, rubber, plastics, and home appliances. Named reference accounts include Oil India, LANCO, Ranbaxy, SRF, Hyderabad Industries Limited, Mondelez India Foods, and NCC Ltd. Customer engagement is conducted through website inquiry forms, direct phone, and WhatsApp, with no dealer network, digital marketplace presence, or social media channels disclosed. In addition to hardware sales, Paras Energy offers ancillary technical services including energy audits, feasibility studies, and fuel conversion services for existing thermal equipment.

The business model is primarily hardware sales of customized burners and gas train assemblies, supplemented by professional technical services. Over 3,000 burners have been commissioned cumulatively across the company's operating history. The company is founder/management-owned with no disclosed external investors, funding rounds, subsidiaries, M&A activity, partnerships, or international expansion. Sunil Kumar Jain serves as Director. Revenue, headcount trends, and detailed financials are not publicly disclosed; the company operates with an estimated 11-50 employees from a single Ghaziabad manufacturing facility.

Name

Paras Energy

Legal name

Paras Energy Private Limited

Website

https://parasenergy.in

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Paras Energy Private Limited is a privately held Indian manufacturer, founded in 2013, of oil and gas-fired industrial burners (HOTPOWER brand), gas train assemblies, and combustion components, serving enterprise customers across 20+ Indian industry verticals via direct B2B sales.

Ownership category

akta.pro rank

Product category

Industrial Burners and Combustion Equipment

NAICS

Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Industrial Process Furnace and Oven Manufacturing (333994)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Industrial Process Furnaces & Ovens (3567)

akta.pro primary industry

Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

akta.pro secondary industry

Industrial Boilers, HRSGs & Steam Generators (IMAHAFAF)

Keywords

• Industrial burners
• Gas train assemblies
• Thermal solutions
• Oil gas burners
• Combustion equipment

Headquarters

HQ city

Ghaziabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Burner Sales: Revenue generated from the sale of oil and gas fired burners including Monoblock, Power, Furnace, and Tube Firing burners. Sales are made directly to industrial customers with custom specifications.
2. Gas Train Assembly & Components: Sale of gas train assemblies including manual valves, filters, solenoid valves, gas pressure regulators, air gas ratio regulators, pressure switches, and gas flow meters.
3. Technical Services: Energy audits, technical and economical feasibility studies offered for health check-up, improvement or fuel conversion of thermal equipment like boilers, furnaces, ovens and heaters.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Paras Energy Private Limited designs, manufactures, and supplies oil and gas-fired industrial burners under the HOTPOWER brand, alongside gas train assemblies and combustion control components. Its portfolio spans monoblock, power, automatic furnace, conventional furnace, tube firing, and flare burners with capacities from 12 KW to 11,200 KW and temperature ranges up to 1,450°C. The company also offers energy audits, feasibility studies, and fuel conversion services for industrial thermal equipment.

Product overview

Paras Energy Private Limited is a thermal solutions company that offers a comprehensive portfolio of oil and gas-fired burners under the HOTPOWER brand, complemented by gas train assemblies and components. The product line spans from compact monoblock burners (HOTPOWER-FM series) for low-temperature applications up to 350°C, through medium and high-temperature power burners (HOTPOWER-FAB) for large industrial applications, to specialized automatic furnace burners (HOTPOWER-FC) reaching up to 1400°C. The portfolio also includes conventional furnace burners (HOTPOWER-LAP), tube firing burners (HOTPOWER FTM/FTC) for radiant tube applications, and flare burners for waste gas combustion. Supporting components include flame sensors, sequence controllers, gas pressure switches, regulators, valves, and igniters. The company serves diverse industries including oil & gas, glass, ceramics, metals, galvanizing, foundries, heat treatment, textiles, automotive, and food processing.

Differentiator

Problem solved

Functional benefit

Brands

• HOTPOWER: Product brand for industrial burners including FM series (Monoblock), FAB series (Power Burner), FC series (Automatic Furnace Burner), LAP series (Conventional Furnace Burner), FTM/FTC series (Tube Firing Burner), and Flare Burners.

Products and services

• HOTPOWER-FM Series Monoblock Burners Compact and energy-efficient burners for low-temperature applications up to 350°C, available in oil and gas firing models from 2 kg/hr to 600 kg/hr with one/two stage or modulating control. Designed for industrial customers requiring low-to-medium temperature heating solutions.
• HOTPOWER-FAB Series Power Burners Heavy-duty burners for large industrial applications including boilers, furnaces, heaters, and process plants, with a firing range of 60 kg/hr to 1,400 kg/hr and fully modulating control for oil, gas, or dual fuel operation. Targeted at heavy manufacturing and industrial processing customers.
• HOTPOWER-FC Series Automatic Furnace Burners Rugged and energy-efficient burners for high-temperature applications up to 1,300°C to 1,400°C, with a firing range of 2 kg/hr to 150 kg/hr and one/two stage or modulating control options. Suited for foundries, heat treatment, and metal processing industries.
• HOTPOWER-LAP Series Conventional Furnace Burners Industrial furnace burners designed for harsh operating conditions with very low installation and maintenance costs, available in capacities from 30 KW to 1,744 KW for oil, gas, or dual fuel applications. Intended for harsh-environment industrial furnace operations.
• HOTPOWER FTM and FTC Series Tube Firing Burners Burners available in monoblock and dual-block construction for firing inside immersion or radiant tubes, designed as replacements for electrical heaters, with variants from 12 KW to 288 KW. Targeted at industrial heating applications requiring radiant tube firing.
• HOTPOWER Flare Burners Burners for burning waste or flare gas from stacks, equipped with automatic pilot burners for reliable ignition, 4-inch pipe diameter, long life cycle, and long maintenance intervals. Suited for oil and gas, petrochemical, and process industry waste gas combustion.
• Gas Train Assembly & Components Complete range of gas train components including manual valves, filters, solenoid valves, gas pressure regulators, air-gas ratio regulators, air-gas pressure switches, and gas flow meters. Designed for industrial burner and combustion system safety and control.
• Energy Audits and Feasibility Studies Professional services offering energy audits, technical and economic feasibility studies for health check-up, improvement, or fuel conversion of thermal equipment such as boilers, furnaces, ovens, and heaters. Targeted at industrial customers optimizing thermal operations.

Quantifiable outcome

• Over 3000 burners commissioned successfully across various industries
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Baltur: Italian manufacturer of industrial and commercial burners with a long-established India presence. Directly comparable to Paras because Baltur competes in the same low- to high-temperature monoblock and dual-block burner segments and sells gas trains, flame controls, and modulating burners to the same Indian process industries.
• Hamworthy Combustion Engineering: Combustion engineering firm specializing in industrial burner systems, process heaters, and waste-heat recovery for marine, oil & gas, and industrial customers. Comparable to Paras on industrial oil/gas-fired burner design and delivery to petrochemical, refinery, and power sectors; differs in scale and offshore focus.
• Riello Burners: Italian-headquartered global manufacturer of residential, commercial, and industrial burners with a strong India distribution presence via Riello India. Directly comparable to Paras due to overlapping product range (monoblock, dual-block, modulating burners for boilers and furnaces), shared target verticals (food, pharma, textiles, metals), and direct competition on Indian industrial burner tenders.
• Selas Heat Technology: Designer and manufacturer of industrial burners and thermal processing equipment for steel, heat treatment, glass, and ceramics. Comparable to Paras on high-temperature furnace burners used in metallurgy and process heating, though Selas is larger and more internationally oriented.
• Weishaupt: German family-owned manufacturer of industrial burners, burner controls, and combustion technology. Directly comparable to Paras Energy as a premium industrial burner OEM competing in the same heavy-industrial applications (boilers, process heat, metallurgy) globally and increasingly in India through subsidiaries and dealers.
• Eclipse Combustion (Neto): Specialized manufacturer of industrial burners and combustion equipment for process heating, melting, and heat treatment, with strong presence in ferrous/non-ferrous metals and glass. Directly comparable to Paras Energy via overlap on high-temperature furnace burners and supply into metal/glass/ceramic verticals that Paras also serves.
• Forbes Marshall: India's leading manufacturer of industrial oil and gas burners, steam boilers, and process heating equipment. Directly comparable to Paras Energy as it serves the same Indian industrial customer base with comparable burner products (monoblock, multi-fuel, high-temperature furnace burners) and is the dominant domestic incumbent against which Paras competes.

Broad incumbents

• John Zink (Koch Engineered Solutions): Global supplier of combustion equipment including industrial burners, flares, and emissions systems, particularly strong in oil & gas process heaters and refinery/petrochemical applications. Comparable to Paras on burner technology for oil & gas furnaces and flares, though John Zink is much larger and serves mostly large hydrocarbon processors.
• Thermax Limited: India-headquartered diversified energy and environmental solutions company offering industrial boilers, heaters, and combustion systems. Comparable to Paras Energy on process heating equipment and boiler-burner integration into Indian industrial customers; broader in scope and much larger in scale, but overlapping on turnkey combustion project work.
• Honeycomb Combustion Solutions: Combustion arm of Honeywell Process Solutions (including legacy Maxon, Eclipse, Kromschröder, and Elster burner brands), offering industrial burners, gas trains, and burner management systems. Broad incumbent in the same burner/combustion-controls category; overlaps with Paras on gas train components, flame safeguard, and large industrial furnace burner sales in India and globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Paras Energy