Greens Power Equipment India Pvt Limited

What Greens Power Equipment India Pvt Limited does

Greens Power Equipment India Pvt Limited operates as the India-registered subsidiary of The Greens Group (GreensTEi), a Singapore-headquartered global thermodynamic solutions provider with a 180+ year heritage tracing to Edward Green's 1845 invention of the Fuel Economiser. The company designs, manufactures, and supplies marine boilers, industrial boilers (oil & gas, solid fuel/biomass, D-type and ESD water tube), Heat Recovery Steam Generators (HRSG), Waste Heat Recovery Boilers (WHRB), Diesecon exhaust gas economisers, gas heat exchangers for desalination, and power station economisers, together with engineering design, installation, commissioning, repair, and spares services. Products are custom-engineered, quote-based, and accredited under ISO 9001/14001/45001, ASME S/U stamps, and licenses from major classification societies (ABS, DNV, etc.).

The company serves enterprise customers across oil & gas/offshore (FPSOs, FSOs, platforms), marine/shipping (naval and merchant vessels), power generation, and industrial process sectors including cement, glass, steel/coke ovens, hazardous waste incineration, and biomass/EfW. Manufacturing is anchored at Greens Shazhou (~56,000 sqm) and Shanghai Greens (~11,000 sqm) in China, with Indian operations in Pune supporting sales, engineering, and regional service. Global sales and service coverage extends through offices and franchises in Singapore, the UK, Dubai, Brazil, and Spain.

Since becoming a wholly owned subsidiary of UK engineering construction group TEi UK in December 2023, Greens has signed technology support agreements with Greens Shazhou (March 2024) and CRUN (2025), secured F4H2+CCUS certification for hydrogen/CCS workloads (January 2024), and supplied enabling equipment for the world's first marine CCS retrofit on Solvang ASA's Clipper Eris (August 2024). Revenue mechanics are dominated by long-cycle, high-value enterprise project contracts supplemented by aftermarket spares, maintenance, and 24/7 emergency response — a structure that produces lumpy but high-margin recurring service revenue alongside new-build hardware sales.

Name

Greens Power Equipment India Pvt Limited

Legal name

Greens Power Equipment India Limited

Website

https://thegreensgroup.co.uk

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Greens Power Equipment India Pvt Limited is the India subsidiary of The Greens Group (GreensTEi), designing and supplying custom marine boilers, industrial boilers, HRSG, waste heat recovery systems, and aftermarket services for oil & gas, shipping, power, cement, glass, and steel clients globally.

Ownership category

akta.pro rank

Product category

Industrial Boilers and Heat Recovery Equipment

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Cogeneration Services & Small Power Producers (4991), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA), Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL), Cooling, Water/Steam Cycle & Balance-of-Plant Retrofits (Condensers, Cooling Towers) (EUAEALAK), Chillers, Boilers & Central Plant Operations (BPABACAG)

Keywords

• Industrial boilers
• Waste heat recovery
• Heat exchangers
• Marine boilers
• Steam generators

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Boiler and Heat Recovery Equipment Sales: Design, manufacture, and supply of marine boilers, industrial boilers, HRSG, waste heat recovery boilers, economisers, and gas heat exchangers. Products sold as complete units or modular systems for new builds and retrofits.
2. Spares and Replacement Parts: Global spare part procurement and delivery for boiler systems. Supply of genuine replacement parts for Greens equipment and other makes.
3. Installation and Commissioning Services: Engineering, project management, installation and commissioning of boiler systems for new builds, retrofits, or conversions. Includes offshore FSO and FPSO installations.
4. Repair and Maintenance Services: Boiler survey, repair, and comprehensive maintenance contracts covering preventative and corrective maintenance. 24/7 emergency global response teams for all boiler types.
5. Engineering Design Services: Thermodynamic engineering design services including process & safety analysis, piping design, civil & structural engineering, mechanical design, control & instrumentation, and electrical engineering.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Greens Power Equipment India designs, manufactures, and supplies boilers, economisers, heat recovery steam generators (HRSG), and waste heat recovery systems for industrial and marine applications. Products include marine boilers (Spanner series), industrial boilers (D & ESD, Steampacket, Maxecon), Diesecon exhaust gas economisers, gas heat exchangers for desalination, power station economisers, hazardous waste incinerator boilers, and biomass/solid fuel boilers. The company also provides installation, commissioning, repair, maintenance, and engineering design services.

Product overview

The Greens Group is a global one-stop thermodynamic solutions provider offering a comprehensive portfolio of energy conservation products for land and marine applications. The product range centers on waste heat recovery technology and includes Marine Boilers & Economisers (Spanner series: VSF, TD, D, ESD, ZYC, LYF, Diesecon, VEG), Industrial Boilers (Steampacket MOIL/D, Maxecon T, D type, ESD type), Heat Recovery Steam Generators (HRSG), Waste Heat Recovery Boilers (WHRB) for cement, hazardous waste, glass, and coke oven applications, Exhaust Gas Economisers (Diesecon), Gas Heat Exchangers for desalination, Power Station Economisers, and Biomass/Solid Fuel Boilers. These products serve diverse industrial sectors including offshore, marine, oil and gas, petrochemicals, power generation, iron and steel, building materials, and biomass/EfW. The portfolio also includes comprehensive aftermarket services covering retrofits, spares, and global repair/maintenance operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Waste Heat Recovery Boilers (WHRB) Boilers designed to capture and convert waste heat from industrial processes such as cement kilns, glass furnaces, coke ovens, and hazardous waste incinerators into usable steam or power.
• Oil & Gas Fired Boilers Industrial boilers designed for firing with oil, gas, or dual fuel configurations for process heating and steam generation in land-based applications.
• Marine Boilers & Economisers Comprehensive range of marine boilers including Spanner VSF, Spanner TD, Spanner D & ESD, Spanner ZYC, Spanner LYF, Spanner Diesecon, and Spanner VEG, along with marine economisers for naval and merchant vessels.
• Solid Fuel Boilers Boilers utilizing solid fuels including biomass and agricultural wastes, available with fluidised bed and grate combustion technologies.
• D & ESD (External Superheater Design) Boilers D type water tube boilers and ESD boilers designed for power generation applications with long-life superheaters exceeding 10 years and high thermal efficiency up to 95%, with output capacities ranging from 50 TPH to 300 TPH.
• Heat Recovery Steam Generators (HRSG) Boilers that recover heat from gas turbine exhaust to generate steam for cogeneration or combined cycle power plant operations, available in single and dual pressure configurations for gas turbines ranging from 1MW to 75MW, with HP steam generation up to 113 TPH at 98 bar(a) at 538°C.
• Diesecon Exhaust Gas Economisers Steel-H Finned Tube Exhaust Gas Boiler with forced circulation design, featuring lower weight and more compact dimensions than smoke tube designs, with computer-controlled finning for accurate alignment.
• Gas Heat Exchangers Low carbon intensive desalination systems that utilize waste heat from fossil powered power plant flue gas for distillation of sea water, featuring modular and scalable design.
• Power Station Economisers Heat transfer products designed for power station applications to improve overall energy efficiency by recovering heat from flue gases.
• Hazardous Waste Incinerator Boilers Specialized waste heat recovery boilers designed to extract heat from exhaust gases of hazardous waste incinerators, featuring hammering devices for continuous cleaning in dust-laden gas environments.
• Biomass Boilers Boilers utilizing fluidised bed and grate combustion for efficient utilisation of biomass fuels and agricultural wastes.
• Installation and Commissioning Services Engineering, project management, installation and commissioning of boiler systems for new builds, retrofits, or conversions, including offshore FSO and FPSO installations.
• Repair and Maintenance Services Boiler survey, repair, and comprehensive maintenance contracts covering preventative and corrective maintenance, including 24/7 emergency global response teams for all boiler types.
• Engineering Design Services Thermodynamic engineering design services including process & safety analysis, piping design, civil & structural engineering, mechanical design, control & instrumentation, and electrical engineering.

Quantifiable outcome

• ESD Boiler achieves thermal efficiency up to 95%, resulting in lower fuel costs
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered strategic and core.

• CRUNstrategicTechnology or Integration · 1 January 2025Greens signed technology support agreement for large-capacity boilers and special boilers with CRUN. CRUN specialises in high-end energy equipment manufacturing and industrial services in control technology, new energy, and energy-saving environmental protection covering Lubrication and Hydraulic Systems, Boilers and Pressure Vessels, and Fluid Control Technology.
• SeatriumstrategicStrategic or Co-development Partner · 1 August 2024Seatrium led the world's first full-scale marine Carbon Capture and Storage (CCS) retrofit project on Solvang ASA's ethylene carrier Clipper Eris. GreensTEi supplied advanced exhaust gas boilers and supporting equipment enabling the 7MW Wärtsilä CCS system.
• Greens ShazhoucoreTechnology or Integration · 26 March 2024GreensTEi signed technology support agreement with Greens Shazhou, China for manufacturing of marine and offshore boilers, marine economisers, industrial boilers, power station economisers, HRSG, WHR boilers, gas heat exchangers, waste-to-energy boilers, and biomass boilers. Greens Shazhou has extensive boiler manufacturing infrastructure of about 56,000 square meters and holds manufacturing licenses and certifications of all major classification societies and ASME stamps.
• Zero Carbon Humber Partnership (ZCH)strategicStrategic or Co-development Partner · 13 January 2024TEi UK (parent company) participates in Zero Carbon Humber Partnership, an ambitious initiative aimed at transforming the Humber region into the world's first net-zero industrial cluster by 2040. F4H₂+CCUS certification from Nuclear AMRC supports this initiative.
• TEi UKcoreOthers · 8 December 2023The Greens Group is now a wholly owned subsidiary of TEi UK. Both Greens and TEi have interconnected history traced back to early years of Greens family business in Wakefield, UK. TEi UK is a leading engineering construction organisation specialising in design, supply, repair, maintenance and site installations in power solutions and petrochemical industries.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Alfa Laval: Swedish global leader in heat transfer, separation and fluid handling, with extensive boiler/economiser and waste heat recovery product lines serving marine, oil & gas, and power. Highly comparable product portfolio and end-market exposure to Greens.
• Thermax: Indian energy and environment solutions company providing boilers, heaters, and waste heat recovery systems for industrial customers. Directly comparable in product range and target segments across India, ASEAN and Middle East.
• CMI Energy: Belgian industrial group with heat recovery boilers, HRSG and thermal power plant equipment serving power generation, steel and chemicals. Overlaps with Greens' WHRB and power plant economiser offerings.
• Miura Boiler: Japanese manufacturer of industrial boilers and heat recovery solutions with strong marine and process industry presence in Asia. Comparable in compact boiler design philosophy and industrial steam customer base.
• Babcock & Wilcox: US-headquartered boiler manufacturer with industrial, utility and waste heat recovery boilers plus HRSG systems. Overlaps directly with Greens' D-type, ESD, HRSG and WHRB product lines for power and industrial customers.
• Forbes Marshall: Indian steam engineering specialist providing industrial boilers, heat recovery and process heating solutions. Comparable in customer base (Indian industrial process industries) and product overlap with Greens' boiler/economiser portfolio.
• Cleaver-Brooks: US-based manufacturer of industrial boilers, HRSG and waste heat recovery equipment with comprehensive aftermarket services. Directly comparable product portfolio and target markets.
• Fulton Boiler Works: Specialist manufacturer of steam boilers, heat transfer equipment and waste heat recovery systems for industrial and marine applications. Comparable in bespoke, high-specification product positioning.

Broad incumbents

• Sumitomo Heavy Industries: Japanese diversified industrial manufacturer with power generation and energy equipment divisions including boilers, turbines and heat exchangers. Broader incumbent with overlapping capability in marine and industrial power solutions.
• Bosch Thermotechnology: Division of Bosch providing industrial/commercial boilers, heat exchangers and HVAC solutions globally. Operates as a broader incumbent with overlapping industrial boiler and heat transfer technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greens-power-equipment-pte-ltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 Greens Power Equipment India Pvt Limited