Third Wave Services

Name

Third Wave Services

Legal name

Third Wave Services Pvt. Ltd.

Website

https://tws.co

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Electrical Contracting and Infrastructure Services

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Electrical Contractors and Other Wiring Installation Contractors (23821), Current-Carrying Wiring Device Manufacturing (335931)

SIC

Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Medium-Voltage Distribution Components (MV breakers, disconnects, reclosers, MV terminations & joints) (IMAGAEAL)

akta.pro secondary industries

Industrial Plugs, Couplers & Shore Power Interfaces (high-current connectors, interlocks, shore power) (IMAGAEAK), Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH)

Keywords

• Temporary power solutions
• Cable fault testing
• Event power services
• MEP infrastructure contracting
• Generator rental services

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Product Sales: Sale of manufactured products including Cable Testing Equipment, Cable Ramps, Power Locks, Copper Flexible Rubber Cables, and LED Flood Lights. Products range from industrial equipment to consumer-grade lighting solutions. Revenue is generated through one-time product purchases.
2. Equipment Rental: Short and long-term rental of generators (62.5 KVA to 1000 KVA), synchronizing panels, load banks, and bucket lifts. Flexible rental terms for temporary power needs at events, construction sites, and emergency situations.
3. Event Power Services: Comprehensive temporary power distribution, area lighting, fencing, and fuel management services for exhibitions, festivals, concerts, sports events, and film/TV productions. Services include generator hire, cabling, distribution panels, and on-site engineering support.
4. Civil Contracts: Turnkey civil construction services for commercial, residential, industrial, and infrastructure projects including structural work, interior finishing, glazing, steel fabrication, landscaping, and demolition. Project-based engagements.
5. MEP Contracts: Mechanical, Electrical, and Plumbing turnkey contracts including electrical engineering, power distribution, street lighting, fire fighting, water supply, sewage disposal, and petroleum storage facility installation.
6. MEP O&M Services: Operations and maintenance services for utility assets including electrical installations, DG sets, water supply, fire alarm/suppression, security systems, elevators, and escalators. Includes preventive maintenance, compliance reporting, and specialized services like infrared thermography.
7. Cable Testing & Fault Location Services: Professional cable fault location, sheath fault location, cable route tracing, and hipot testing services up to 120 KV for pre-commissioning and maintenance of electrical installations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Third Wave Services provides turnkey temporary and permanent infrastructure solutions including temporary power distribution, generator and equipment rental, cable testing and fault location services, event power services for exhibitions and festivals, and civil/MEP construction contracts. The company manufactures and supplies electrical accessories (cable ramps, power locks, LED flood lights, flexible cables) while delivering professional engineering services across India.

Product overview

Third Wave Services operates as a diversified infrastructure and event services company offering a portfolio of electrical products, equipment rentals, testing services, and construction contracts. The product portfolio includes physical products (Cable Testing Equipment, Cable Ramps, Power Locks, Copper Flexible Rubber Cables, and LED Flood Lights) alongside rental services (Generator On Hire, Synchronising Panels, Load Banks, Bucket Lift Hiring). The company provides specialized services including Event & Power Services for exhibitions, festivals, and film/TV productions, Cable Testing & Fault Location services (Cable Fault Location, Sheath Fault Location, Cable Route Tracing, Hipot Testing), and construction Contracts (Civil Contracts, MEP Contracts, MEP O&M Services). The offerings are coordinated to deliver turnkey solutions for permanent infrastructure and temporary power distribution needs.

Differentiator

Problem solved

Functional benefit

Brands

• QuickGen: A brand of Third Wave Services Pvt Ltd providing power generation and related solutions

Products and services

• Cable Testing Equipment

Quantifiable outcome

• Generator capacity ranging from 62.5 KVA to 1010 KVA
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and major.

• Nussli (Switzerland) LtdcoreStrategic or Co-development PartnerInternational partnership for Commonwealth Games 2010, where Third Wave Services worked alongside the Swiss event infrastructure company to deliver temporary power and event services. This high-profile international collaboration demonstrates the company's capability to work with global event management standards.
• UBM India Pvt. LtdcoreOthersPreferred associate for MEP services at exhibitions and trade fairs organized by UBM India, one of India's leading exhibition organizers. Long-standing relationship providing electrical and mechanical services at major trade events.
• Messe Frankfurt India Pvt. LtdcoreOthersPreferred associate for MEP services at exhibitions organized by Messe Frankfurt India, part of the global Messe Frankfurt exhibition group. Provides temporary power, electrical infrastructure, and related services at their trade fair venues.
• ITEI Pvt. LtdmajorOthersPreferred associate for MEP services at exhibitions and industrial events organized by ITEI (International Trade and Exhibitions of India).
• Plast India FoundationmajorOthersPreferred associate for MEP services at Plast India exhibitions, one of the largest plastic industry trade fairs in Asia.
• Triune Reed Exhibitions Pvt. LtdmajorOthersPreferred associate for exhibition services providing temporary power infrastructure and electrical solutions.
• Fairfest Media LtdmajorOthersPreferred associate for exhibition services at trade fairs and events organized by Fairfest Media.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Atlas Copco (India): Atlas Copco's Power and Flow division supplies mobile generators, load banks, and temporary power solutions globally, including in India. It directly competes with TWS's mobile generator rentals (62.5KVA–1010KVA), synchronizing panels, and load bank rental services across construction and event sites.
• Aggreko: Aggreko is the global leader in temporary power rental and event power services, offering generators, distribution, and temperature control for major sports events, concerts, and exhibitions. It is the closest direct competitor to TWS's event & power services line worldwide and serves the same end-customer segments (event organizers, large enterprises) with a similar operating model.

Regional players

• Mahindra Powerol: Mahindra Powerol is the genset brand of Mahindra & Mahindra focused on diesel generator sets and power solutions across residential, commercial, and industrial segments in India. It overlaps with TWS's generator rental business, particularly for small-to-mid capacity DG needs at construction sites and events.
• Powerica: Powerica is an Indian genset manufacturer offering generator sets (15KVA–3000KVA), installation, and rental services across industrial, commercial, and infrastructure segments. Its rental and generator product portfolio parallels TWS's mobile generator rental (62.5KVA–1010KVA) and synchronizing panel offerings in the Indian market.

Broad incumbents

• Cummins India: Cummins India manufactures diesel generator sets and offers installation, O&M, and rental services across industrial, commercial, and event applications. While larger and broader in scope, its DG set manufacturing and service capability overlap with TWS's generator rental and MEP offerings, making it a key incumbent competitor in the Indian market.
• Kirloskar Electric: Kirloskar Electric manufactures power generation equipment, transformers, switchgear, and other electrical equipment for industrial and utility customers in India. Its switchgear and power distribution products overlap with TWS's custom-built distribution panels (63A–800A) and synchronizing panels.
• ABB India: ABB India manufactures and supplies switchgear, protection relays, and power distribution systems used in substations and industrial facilities. Its medium-voltage and low-voltage switchgear portfolio competes with TWS's custom-built distribution panels and synchronizing panel capabilities in commercial and industrial applications.
• Larsen & Toubro (L&T) Construction — MEP division: L&T's Buildings & Factories division executes large-scale turnkey MEP contracts across commercial, industrial, and infrastructure projects in India. Its scale and engineering depth make it a broad incumbent competing with TWS for permanent MEP contracts (electrical, fire-fighting, plumbing) cited in the company's offerings.
• Schneider Electric India: Schneider Electric is a global major in LV/MV switchgear, distribution panels, and electrical distribution systems with a substantial India presence. It competes indirectly with TWS's custom switchboard and distribution panel manufacturing through its industrial and commercial product portfolio.

Others

• Polycab India: Polycab is India's largest cable and wire manufacturer, supplying flexible rubber cables, power cables, and related electrical products. While not a direct competitor, it is an adjacent supplier whose products (including flexible rubber cables) align with TWS's copper flexible rubber cable offerings for event applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=ZP7xPpF8v40
• Facebookfacebook.com/TWSPL1
• LinkedInlinkedin.com/company/third-wave-services-pvt-ltd-

Compliance2 records

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 Third Wave Services