Khare Energy Private Limited
Khare Energy Private Limited is an India-based renewable energy company operating agrivoltaic and ground-mounted solar power plants across four states, with 7MW+ installed capacity, serving government bodies via the PM KUSUM scheme and rural farming communities in underserved regions.
- Company typePrivate
- Founded-
- HeadquartersMadhya Pradesh, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Khare Energy Private Limited does
Khare Energy Private Limited is an India-based renewable energy developer and EPC operator headquartered in Madhya Pradesh, focused on agrivoltaic and ground-mounted solar power generation in rural and semi-arid regions. The company's core technology integrates photovoltaic panels with active agricultural cultivation on the same land, including a vertical bifacial agrivoltaic architecture developed in partnership with Germany's Next2Sun AG and Wattkraft. As of the most recent disclosures, Khare Energy operates four solar power plants with combined installed capacity above 7MW — including the first and only agrivoltaic plant in Madhya Pradesh at Khargapur (Tikamgarh), a 2MW PM KUSUM-A plant at Naryawali (Sagar), a ground-mounted plant at Rahatgarh (Sagar), and a 1MW facility at Jhila — collectively producing approximately 25,000-35,000 kWh per day and avoiding an estimated 25,000 metric tonnes of carbon emissions.
The company derives revenue from two streams: recurring electricity generation sold under government-linked PPA/feed-in tariff structures, and EPC project execution revenue from utility-scale solar installations contracted under India's central and state PM KUSUM Yojana schemes. Khare Energy holds 50% of total PM KUSUM-A capacity installed in Madhya Pradesh and operates across four Indian states with an explicit focus on the underserved Bundelkhand region. Its customer base comprises central and state government energy bodies implementing renewable energy mandates, and rural farming communities who benefit from dual-use land solutions, with all projects delivered through direct B2G and B2F field sales channels. Pricing is not publicly disclosed and is governed by government scheme parameters rather than market-based pricing.
Khare Energy Private Limited firmographics
Firmographics- Name
- Khare Energy Private Limited
- Legal name
- Khare Energy Private Limited
- Website
- https://khareenergy.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Khare Energy Private Limited is an India-based renewable energy company operating agrivoltaic and ground-mounted solar power plants across four states, with 7MW+ installed capacity, serving government bodies via the PM KUSUM scheme and rural farming communities in underserved regions.
- Ownership category
- akta.pro rank
Khare Energy Private Limited industry classification
Industry- Product category
- Solar Power Generation
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)
Keywords
Where Khare Energy Private Limited is headquartered
LocationHeadquarters
- HQ city
- Madhya Pradesh
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Khare Energy Private Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D
Revenue model
- Solar Power Generation & Sale: Khare Energy develops, owns, and operates solar power plants that generate electricity sold to the grid or to farming communities. Revenue is derived from power generation output (kWh) sold under long-term government agreements or feed-in tariff structures, providing recurring revenue from utility-scale assets.
- Government-Funded Solar Projects (PM KUSUM): Execution of solar power plant installations funded and contracted under central and state government schemes, primarily PM KUSUM Yojana. Plants are set up for farmers and rural communities, with revenue generated through project execution and/or long-term power purchase arrangements.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Khare Energy Private Limited product offering
Product offeringCore offering
Khare Energy develops, owns, and operates utility-scale solar power plants using Agri-Voltaic (agrivoltaic) technology that integrates photovoltaic panels with active agricultural farming on shared land, alongside conventional ground-mounted solar installations. The company delivers EPC services and long-term power generation primarily under India's PM KUSUM-A scheme, with four operating solar plants (totalling 7MW+) across Madhya Pradesh.
Product overview
Khare Energy Private Limited operates as a renewable energy company offering solar power solutions, primarily focused on Agri-Voltaic (agrivoltaic) technology that integrates solar panels with farming operations. The company's product portfolio consists of ground-mounted and agro-voltaic solar power plants of varying capacities (1MW to 2MW) located across Madhya Pradesh, India. Their core offerings include the Agro Voltaic Solar Power Plant in Khargapur (the first and only agrivoltaic plant in MP), 2MW Ground Mounted and Agrivoltaic Solar Plant in Naryawali (the first KUSUM A Yojana plant in MP), Naryawali Ground Mounted Solar Plant, and Khare Energy Jhila Part 1 Solar Plant. These plants collectively contribute to rural employment, community empowerment, and carbon emission reduction across four states in India.
Differentiator
Problem solved
Functional benefit
Products and services
- Agro Voltaic Solar Power Plant (Khargapur, Tikamgarh) 2MW Agri-Voltaic solar power plant integrating solar generation with active agricultural farming on shared land; serves rural farmers and the state grid under the PM KUSUM framework. Generates 10,000 kWh per day. Located in Khargapur, Tikamgarh, MP.
- 2MW Ground Mounted and Agrivoltaic Solar Plant (Naryawali, Sagar) 2MW solar power plant combining ground-mounted and agrivoltaic configuration on 7-8 acres; the first KUSUM-A Yojana solar plant in Madhya Pradesh, located in Naryawali, Sagar, MP. Generates 10,000 kWh per day.
- Naryawali Ground Mounted Solar Plant (Rahatgarh, Sagar) Ground-mounted solar power plant located in Rahatgarh, Sagar, MP, generating 9,000 kWh per day.
- Khare Energy Jhila Part 1 Solar Plant 1MW solar power plant located on 5-6 acres of land, generating 5,000 kWh per day as part of Khare Energy's distributed rural solar footprint.
- Agri-Voltaic Solutions Solar panel and farming integration service that deploys solar panels alongside agricultural activities to maximize land utility, designed for regions with limited land, food, and energy production needs. Delivered to government bodies and farming communities in central India.
Quantifiable outcome
- 25,000 Metric Tonnes of Carbon Emissions Avoided Through Installed Solar Plants
- +3 more outcomes
Companies that use Khare Energy Private Limited
Customer profileSegments3 records
Ideal customer profiles2 records
Khare Energy Private Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Khare Energy Private Limited partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship.
- WattkraftflagshipWattkraft is a German partner in Khare Energy's Indo-German agrivoltaic technology partnership, specifically contributing to the development of vertical bifacial agrivoltaic power plants. This partnership is the first of its kind in India, bringing German engineering expertise to Indian solar farm deployment and is highlighted as a flagship strategic relationship.
- Next2Sun AGflagshipNext2Sun AG, based in Germany, is Khare Energy's core technology partner for vertical bifacial agrivoltaic systems. Khare Energy signed a memorandum of understanding (MOU) with Next2Sun AG and Wattkraft to promote agro-voltaic systems across India. Next2Sun contributes the proprietary vertical bifacial solar technology that enables simultaneous agriculture and power generation.
Scale indicators5 records
Recent moves5 records
Expansion highlights4 records
Khare Energy Private Limited competitors and assessment
Company assessmentOthers
- Next2Sun AG: German agrivoltaic technology company that is Khare Energy's flagship technology partner for vertical bifacial systems. Not a competitor but a strategic ecosystem partner; included because it anchors Khare Energy's agrivoltaic differentiation and competitive moat.
Direct peers
- Fourth Partner Energy: Distributed and utility-scale solar EPC company operating across India with a focus on C&I and government clients. Comparable business model to Khare Energy's solar EPC operations under PM KUSUM-style frameworks, but with broader customer mix.
- Sterling and Wilson Renewable Energy: Major solar EPC contractor with utility-scale project execution across India and international markets. Closely comparable EPC business model to Khare Energy's PM KUSUM execution work, but at multi-hundred-MW scale.
- Sun King (Greenlight Planet): Pay-as-you-go distributed solar provider serving rural Indian households and small businesses. Comparable target customer profile to Khare Energy's rural Indian farmer base, though focused on off-grid household solar rather than utility-scale generation.
- Sunsure Energy: Indian C&I and utility-scale solar developer with open-access and PPA-based business model. Comparable solar IPP-plus-EPC positioning to Khare Energy, though focused primarily on C&I rather than government-scheme projects.
- Avaada Energy: Indian utility-scale solar EPC and developer with gigawatt-scale portfolio across multiple states. Closely comparable to Khare Energy in the utility-scale solar EPC business model, but at substantially greater scale and broader geographic footprint.
- CleanMax Enviro: Indian C&I and small utility-scale solar EPC and operator serving commercial and industrial customers. Similar EPC-plus-IPP business model to Khare Energy, with overlapping technology stack and customer engagement approach.
Broad incumbents
- Tata Power Solar: Subsidiary of Tata Power and one of India's largest solar EPC and module manufacturers. Operates across the same solar EPC category as Khare Energy but with national brand, balance sheet, and tender access that smaller regional players cannot match.
- Adani Solar: Vertically integrated solar module manufacturer and utility-scale EPC within the Adani Group ecosystem. Operates in the same utility-scale PV EPC and generation category as Khare Energy, with dramatically greater scale and balance sheet.
- ReNew Power: One of India's largest renewable energy independent power producers with multi-gigawatt utility-scale solar and wind portfolio. Comparable technology category to Khare Energy's solar generation but at vastly larger scale with established project finance capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Khare Energy Private Limited social profiles
Digital presenceKhare Energy Private Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
Khare Energy Private Limited leadership team
Management profileNumber of profiles
Khare Energy Private Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Khare Energy Private Limited 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 Khare Energy Private Limited
What does Khare Energy Private Limited do?
Khare Energy develops, owns, and operates utility-scale solar power plants using Agri-Voltaic (agrivoltaic) technology that integrates photovoltaic panels with active agricultural farming on shared land, alongside conventional ground-mounted solar installations. The company delivers EPC services and long-term power generation primarily under India's PM KUSUM-A scheme, with four operating solar plants (totalling 7MW+) across Madhya Pradesh.
Is Khare Energy Private Limited a public or private company?
Khare Energy Private Limited is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Khare Energy Private Limited founded?
Khare Energy Private Limited was founded in -1. It employs 1 to 10 people.
Where is Khare Energy Private Limited based?
Khare Energy Private Limited is headquartered in Madhya Pradesh, India, in the Asia region.
How does Khare Energy Private Limited make money?
Two revenue lines are on record. Solar Power Generation & Sale is the primary driver. The others are government-Funded Solar Projects (PM KUSUM).
Who are Khare Energy Private Limited's main competitors?
Next2Sun AG is listed as an others. Direct peers are Fourth Partner Energy, Sterling and Wilson Renewable Energy, Sun King (Greenlight Planet), Sunsure Energy, Avaada Energy and CleanMax Enviro. Broad incumbents are Tata Power Solar, Adani Solar and ReNew Power.
Does Khare Energy Private Limited have an API?
No public API is recorded for Khare Energy Private Limited.
What industry is Khare Energy Private Limited in?
Khare Energy Private Limited's product category is Solar Power Generation. Its primary akta.pro industry code is EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction). Its NAICS code is 221114 and its SIC code is 4911.