Power Xchange

What Power Xchange does

Power Xchange (legally POWERXCHANGE INNOVATIONS PRIVATE LIMITED) is an India-based clean-tech company that operates a peer-to-peer solar energy trading platform, allowing rooftop solar producers — primarily homeowners, shops, and small businesses — to sell surplus electricity directly to nearby consumers in real time. The platform integrates smart meters for automated generation and consumption tracking, uses blockchain to record each transaction, and connects to electricity distribution company (DISCOM) systems for compliance, billing, and grid management. PowerXchange has secured integration partnerships with six Uttar Pradesh DISCOMs (UPPCL, MVVNL, PVVNL, PUVVNL, DVVNL, KESCO), which function as the regulatory anchor for compliant P2P trading in the state.

The company's product surface extends beyond trading into a suite of modules: solar installation services delivered through an EPC partner network, the Urja Mitra community-partner program, PowerX-Grid for grid management, automated settlement, solar financing, micro grid management, carbon credit trading, energy tokenisation, and renewable energy certificate management. Core technology is described as AI/ML- and blockchain-based, with mobile apps on iOS and Android for self-serve consumer trading. The company is headquartered in Indore, Madhya Pradesh, with a regional office in Gurgaon, Haryana, and is privately held with no disclosed funding rounds.

Name

Power Xchange

Legal name

POWERXCHANGE INNOVATIONS PRIVATE LIMITED

Website

https://powerxchange.io

Company type

Private

Operating status

Operating

Short description

Power Xchange is an India-based clean-tech company operating a blockchain-secured peer-to-peer solar energy trading platform with DISCOM integration, serving rooftop solar producers, energy consumers, and small businesses across Uttar Pradesh and Madhya Pradesh.

Ownership category

akta.pro rank

Product category

Peer-to-Peer Solar Energy Trading Platform

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro industry

PRIMARYEUACALAB

Residential Behind-the-Meter Generation

Energy, Utilities & Environment/Electric Power Generation/Distributed & Behind-the-Meter Power Generation (Microgrids, DG)

SECONDARYEUACALAJ

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)

Energy, Utilities & Environment/Electric Power Generation/Distributed & Behind-the-Meter Power Generation (Microgrids, DG)

SECONDARYEUAMAJAD

Distributed Generation (DG) Solar & Small Wind

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Distributed Energy Resources & Community Renewables (Community Solar, Microgrids)

SECONDARYEUAMABAA

Solar Project Development & IPP (Utility-Scale & Rooftop)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

Keywords

• Peer-to-peer energy trading
• Solar installation services
• Blockchain energy platform
• Renewable energy marketplace
• DISCOM grid integration

Headquarters

HQ city

Indore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. P2P Energy Trading Platform Fees: Transaction-based revenue from facilitating peer-to-peer energy trades between solar producers and consumers on the platform. Users buy and sell surplus solar energy directly with each other, with the platform taking a fee or spread on transactions.
2. Solar Installation Services: Revenue from providing complete solar solutions including setup and support for homes, shops, and small businesses. Covers system design, installation, and ongoing maintenance through partner network.
3. Renewable Energy Certificates (RECs): Platform supports tracking and management of renewable energy certificates as part of the P2P trading ecosystem.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

PowerXchange operates the PowerX-P2P Platform, a blockchain-secured mobile and web application that enables peer-to-peer trading of surplus solar energy between residential producers and nearby consumers in real time. The company complements this trading platform with end-to-end solar installation services for homes, shops, and small businesses, and provides grid management and DISCOM integration solutions to support compliance, billing, and settlement.

Product overview

Power Xchange offers a unified P2P energy trading platform built on blockchain technology with multiple integrated modules. The core product is the PowerX-P2P Platform, which enables peer-to-peer solar energy trading between producers and consumers. This core platform is supplemented by Solar Solution for installations, PowerX-Grid for grid management, and Urja Mitra for partner management. Additional modules include Track & Trace Portal for monitoring, Settlement for payment processing, Solar Financing, Micro Grid Management, Carbon Credit trading, Energy Tokenisation, and Renewable Energy Certificates management. The platform integrates AI and ML for optimization, uses blockchain for security and transparency, and connects with DISCOM systems for compliance and billing.

Differentiator

Problem solved

Functional benefit

Brands

• PowerX-P2P Platform: Peer-to-peer energy trading platform enabling direct transfer of solar energy between producers and consumers using blockchain technology.
• Urja Mitra
• PowerX-Grid

Products and services

• PowerX-P2P Platform Peer-to-peer energy trading platform enabling direct transfer of surplus solar energy between producers and consumers in real time, using blockchain technology and DISCOM integration for compliance, billing, and grid management. Available as a mobile app on iOS and Android for Indian residential and small commercial users.
• Solar Solution End-to-end solar installation service for homes, shops, and small businesses, including system design, setup, and ongoing support. Delivered through a network of Installation Partners (EPC partners) with verified leads and inventory supplied by PowerXchange.
• PowerX-Grid Grid management solution integrated with the P2P trading platform for renewable energy operations, providing compliance, billing, and grid management capabilities for utility and micro grid applications.

Quantifiable outcome

• Estimated monthly savings of ₹8640 on electricity bills with solar installation
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core.

• UPPCL (Uttar Pradesh Power Corporation Limited)coreTechnology or IntegrationUtility partnership for DISCOM system integration enabling compliance, billing, and grid management. UPPCL is the state electricity distribution company responsible for power distribution in Uttar Pradesh.
• MVVNL (Madhya Pradesh Paschim Kshetra Vidyut Vitran Nigam Limited)coreTechnology or IntegrationUtility partnership for DISCOM system integration. MVVNL is a power distribution company in Madhya Pradesh.
• PVVNL (Purvanchal Vidyut Vitran Nigam Limited)coreTechnology or IntegrationUtility partnership for DISCOM system integration. PVVNL handles power distribution in the Purvanchal region of Uttar Pradesh.
• PUVVNL (Pashchimanchal Vidyut Vitran Nigam Limited)coreTechnology or IntegrationUtility partnership for DISCOM system integration. PUVVNL is a power distribution company in Uttar Pradesh.
• DVVNL (Dakshinanchal Vidyut Vitran Nigam Limited)coreTechnology or IntegrationUtility partnership for DISCOM system integration. DVVNL handles power distribution in South Uttar Pradesh.
• KESCO (Kanpur Electricity Supply Company)coreTechnology or IntegrationUtility partnership for DISCOM system integration. KESCO is responsible for electricity distribution in Kanpur, Uttar Pradesh.
• Urja Mitra PartnerscoreChannel Partner/ Reseller/ DistributorCommunity-based partner program where individuals act as local faces of clean energy, building networks and participating in India's clean energy revolution with platform, tools, and support from PowerXchange.
• Installation Partners (EPC Partners)coreChannel Partner/ Reseller/ DistributorEngineering, Procurement, and Construction partners who manage technical execution of solar installations. PowerXchange provides verified leads and inventory; partners provide engineering expertise and manpower.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• LO3 Energy: LO3 Energy is a US-based pioneer in blockchain-based peer-to-peer energy trading and local energy markets. It is directly comparable on technology architecture (distributed ledger energy transactions) even though geography differs.
• Piclo: Piclo is a UK-based independent matching platform for renewable energy, enabling peer-to-peer trading and flexibility markets. Comparable to PowerXchange's P2P trading and grid management product lines in both function and target user (distributed energy market participants).
• SunContract: SunContract operates a blockchain-based peer-to-peer energy trading marketplace in Europe. Comparable on tech stack (distributed ledger settlement) and product (energy marketplace for prosumers and small producers).
• Power Ledger: Power Ledger is the most direct peer: an Australia-headquartered energy-tech company that operates a blockchain-based peer-to-peer energy trading platform for distributed energy resources. Its product, target customer (prosumers/neighbors), and blockchain settlement model closely mirror PowerXchange's PowerX-P2P platform.
• Vandebron: Vandebron is a Dutch energy marketplace that matches local renewable producers directly with consumers, bypassing utilities. Its two-sided marketplace economics and prosumer model are the closest functional analog to PowerXchange outside India.

Broad incumbents

• Adani Solar: Adani Solar is a major Indian solar manufacturer and project developer across rooftop and utility-scale segments. As a broad incumbent, it competes with PowerXchange for rooftops and partner EPC capacity.
• Tata Power Solar Systems: Tata Power Solar is the largest Indian rooftop and utility-scale solar EPC and IPP, part of the Tata Group. It competes head-on in residential/small business rooftop solar across India and has the balance sheet and brand to out-execute smaller platforms.

Regional players

• Freyr Energy: Freyr Energy is an Indian rooftop-solar platform targeting homes and SMBs with a tech-enabled, partner-led distribution model. It competes directly for PowerXchange's customer segment and overlaps on the EPC partner-led go-to-market.
• Fourth Partner Energy: Fourth Partner Energy is one of India's largest distributed solar EPC and IPP companies serving commercial and industrial customers. While it focuses on C&I rather than P2P, both companies compete for the same rooftop-solar installation wallet and partner EPC networks across India.

Emerging players

• Sun King (formerly Greenlight Planet): Sun King distributes pay-as-you-go solar home systems across emerging markets via a large agent network. It is comparable to PowerXchange's Urja Mitra model and its focus on under-electrified households, though it is primarily off-grid rather than grid-tied P2P.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PowerxchangeP2P
• YouTubeyoutube.com/@powerxchange
• LinkedInlinkedin.com/company/powerxchange
• Instagraminstagram.com/powerxchange_innovations?igsh=NmQzaGJiNXhvcjls&utm_source=qr

Revenue estimate

Valuation estimate

Number of profiles

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 Power Xchange