Jyoti Structures

What Jyoti Structures does

Jyoti Structures Limited is a publicly listed Indian engineering, procurement, and construction (EPC) company specializing in extra-high-voltage power transmission infrastructure. Founded in 1974 and headquartered in Mumbai, the company delivers turnkey transmission line projects from 66 kV to 800 kV (both HVAC and HVDC), substations from 11 kV to 765 kV, rural electrification networks, and tower testing services. Its core product is integrated EPC execution covering route survey, structural design, tower manufacturing, full-scale prototype testing, erection, and commissioning, with manufacturing capacity exceeding 100,000 metric tonnes annually across facilities in Nashik and Raipur and an NABL-accredited tower testing station at Ghoti capable of testing prototypes up to 1,200 kV.

The company makes money primarily through lump-sum EPC contracts awarded via competitive bidding, with revenue recognized over project duration on a percentage-of-completion basis. Secondary revenue streams include direct tower manufacturing sales, third-party tower testing services, and substation EPC work. Customers are predominantly central and state-owned power transmission utilities (notably Power Grid Corporation of India), private transmission developers (Adani Energy Solutions, Sterlite Power, AESL), and renewable energy generators (ReNew Power, Adani Power), with international work historically spanning 50 countries including Sri Lanka, Kuwait, and Latin American markets. FY26 sales reached Rs 750.87 crore, up 50.77% year-on-year, against an order book of approximately Rs 2,400 crore.

The business operates exclusively through direct enterprise sales with no intermediary distribution, winning work through competitive tenders and direct negotiations. The company emerged from a multi-year corporate insolvency resolution process under India's Insolvency and Bankruptcy Code and is currently scaling capacity with a second manufacturing unit commissioned in Nashik in early 2026. Its go-to-market emphasizes engineering depth and execution experience in technically demanding EHV projects including river crossings, Himalayan terrain, and earthquake-zone foundations as differentiators from larger diversified EPC competitors.

Name

Jyoti Structures

Legal name

Jyoti Structures Limited

Website

https://jyotistructures.in

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jyoti Structures Limited is an Indian public EPC contractor delivering turnkey extra-high-voltage power transmission lines (66 kV to 800 kV), substations, and tower manufacturing/testing, serving central utilities like Power Grid Corporation and private transmission developers across India and select international markets.

Ownership category

akta.pro rank

Product category

Power Transmission EPC Services

NAICS

Power and Communication Line and Related Structures Construction (237130), Electrical Contractors and Other Wiring Installation Contractors (23821), Electric Power Generation, Transmission and Distribution (2211)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Heavy Construction Other Than Bldg Const - Contractors (1600), Electrical Work (1731)

akta.pro primary industry

Overhead Transmission Line EPC (HV/EHV) (EUAEABAA)

akta.pro secondary industries

Transmission line EPC & construction (overhead) (EUADAKAA), Substation EPC & construction (AIS/GIS, greenfield/brownfield) (EUADAKAC), Testing, Commissioning & Energization Services (HV) (EUAEABAI), HVDC Converter Stations & HVDC Transmission EPC (EUAEABAD), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Distribution Substations & Switching Stations (MV) EPC (EUAEACAC)

Keywords

• EHV transmission EPC
• Tower manufacturing
• Substation construction
• Transmission line engineering
• Power infrastructure projects

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPC Transmission Line Projects: Turnkey engineering, procurement, and construction services for power transmission lines ranging from 66 kV to 800 kV. Projects delivered on lump sum EPC basis including design, manufacturing, construction, and commissioning. Revenue recognized over project duration based on percentage of completion.
2. Tower Manufacturing and Supply: Manufacturing of EHV transmission line towers, telecom towers, and substation structures from state-of-the-art facilities in Nashik and Raipur. Combined annual capacity of more than 100,000 MT.
3. Tower Testing Services: Structural performance testing services at NABL-accredited tower testing station in Ghoti, Nashik for third-party utilities and clients.
4. Substation EPC: Turnkey substation delivery from 11 kV to 765 kV covering design, procurement, construction, and commissioning for government-owned and private sector clients.
5. Rural Electrification: Distribution network delivery for overhead and underground systems including LV and MV distribution lines, pole-mounted substations, and related infrastructure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Jyoti Structures is an engineering, procurement, and construction (EPC) contractor for power transmission infrastructure, delivering turnkey EHV transmission lines from 66 kV to 800 kV (HVAC and HVDC), turnkey substations up to 765 kV, and rural electrification projects. The company combines in-house engineering and design, NABL-accredited tower prototype testing, manufacturing of transmission towers, telecom towers, and substation structures at its Nashik and Raipur plants (combined capacity exceeding 100,000 MT annually), and end-to-end construction and commissioning services.

Product overview

Jyoti Structures Limited operates as a unified power transmission EPC platform offering integrated services across the full project lifecycle. The core offering combines Design & Engineering, Tower Testing, Manufacturing, Construction & Commissioning, Substation EPC, and Rural Electrification & Distribution Network into a cohesive turnkey solution. The company manufactures transmission towers at its Nashik and Raipur facilities, validates designs at its NABL-accredited Ghoti testing station, and executes projects from 66 kV to 800 kV transmission lines and up to 765 kV substations. All services are delivered under a single contract, enabling seamless coordination from route survey and foundation engineering through tower fabrication, galvanising, conductor stringing, and final commissioning.

Differentiator

Problem solved

Functional benefit

Products and services

• Design & Engineering In-house structural analysis and design of transmission towers using PLS-Tower/i-Tower software, 2D and 3D detailing using AUTOCAD/BOCAD, foundation design using in-house developed software, profiling and tower spotting using PLS CADD and GLOBAL Mapper. Delivered for EHV transmission projects of utility and power developer clients.
• Tower Testing Services Full-scale prototype testing of transmission towers at the NABL-accredited Tower Testing Station in Ghoti, near Nashik, with main and auxiliary test pads (5 MT to 100 MT load cells) capable of testing towers up to 1,200 kV. Over 515 lattice towers and monopoles have been tested to date for domestic and international utilities.
• Transmission Tower Manufacturing Manufacturing of EHV transmission line towers, telecom towers, and substation structures at state-of-the-art facilities in Nashik and Raipur with combined annual capacity exceeding 100,000 MT, serving utility, power developer, and telecom customers.
• Construction & Commissioning of Transmission Lines End-to-end site execution for EHV transmission lines from 66 kV to 800 kV, including right-of-way clearing, foundation construction, tower erection, conductor stringing, testing, and commissioning, delivered for utility and private power developer clients.
• Substation EPC Services Turnkey substation delivery from 11 kV to 765 kV covering design, procurement, construction, and commissioning of high-voltage substation bays for government-owned and private-sector clients. Over 1,800 high-voltage substation bays constructed to date.
• Rural Electrification & Distribution Network Overhead and underground distribution network services including LV/MV distribution lines, pole-mounted substations, cable systems, and electrification of villages across India for state distribution utilities and government electrification programs.

Quantifiable outcome

• Built 33,480 km of transmission lines globally
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Hayleys Fentons LimitedcoreStrategic or Co-development Partner · 18 May 2026Joint venture contract for constructing the Mannar-Mullikulam 220 kV double circuit transmission line in Sri Lanka. The contract was awarded by the National Transmission Network Service Provider under the Mullikulam Wind Power Transmission Project. Transmission infrastructure will integrate with Hayleys Fentons' parallel 50 MW wind project in Mannar, evacuating power from Mullikulam Wind Power Projects to Sri Lanka's national grid. This project strengthens Jyoti Structures' international transmission portfolio and supports Sri Lanka's renewable energy transition goals.

Scale indicators17 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Tata Projects: Large diversified EPC arm of the Tata Group executing transmission, substations, and rail/urban infrastructure; competes with JSL on high-voltage transmission EPC packages for central and state utilities.
• Adani Energy Solutions: Adani Group's integrated power transmission, distribution, and smart metering business; operates as a transmission developer and EPC contractor competing across HVDC and EHV segments.
• Larsen & Toubro (Power Transmission & Distribution): Large Indian conglomerate with a sizeable Power T&D EPC business; competes for high-value EHV and HVDC transmission packages and brings stronger balance-sheet and execution capabilities.
• Sterlite Power Transmission Limited: Indian power transmission developer and EPC operator that both develops and executes transmission projects; competes with JSL as an integrated transmission infrastructure player and is also its customer.

Direct peers

• Transrail Lighting: Indian transmission EPC and tower manufacturing company that delivers EHV transmission lines, substations, and distribution infrastructure — directly comparable in scope and customer base to Jyoti Structures.
• KEC International: Indian listed EPC company and one of the world's largest power transmission EPC contractors; directly competes with Jyoti Structures for PGCIL and state utility tenders across EHV transmission lines and substations.
• Simplex Infrastructures: Indian infrastructure EPC company with significant power T&D capabilities; executes transmission lines, substations, and distribution projects for central and state utilities in India.
• Kalpataru Projects International: Indian transmission and distribution EPC contractor with a comparable portfolio of EHV transmission line, substation, and tower manufacturing businesses targeting Indian utilities and international markets.
• Skipper Limited: Indian engineering and transmission tower manufacturer with EPC capabilities in transmission lines; directly competes in tower manufacturing and T&D construction for utility clients in India and abroad.

Regional players

• Arabian Bemco Contracting (BEMCO): Saudi Arabian heavy EPC contractor executing HV substations and power infrastructure in MENA; comparable to JSL in transmission EPC capabilities, primarily serving the Middle East market where JSL has historic execution experience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jyoti-structures-limited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

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 Jyoti Structures