OMC Power Becomes India’s First PAT-Positive Distributed Clean Energy Firm, Targets 1 GWp

Representational image. Credit: Canva

In a landmark development for India’s decentralised renewable energy sector, OMC Power has become the nation’s first Distributed Renewable Energy (DRE) company to achieve Profit After Tax (PAT) positive status. The financial milestone affirms the commercial viability of decentralised clean energy business models, positioning India as a global frontrunner in grassroots clean tech innovation.

Backed by strategic investments from Japan’s Mitsui & Co. and Chubu Electric Power, OMC Power is pursuing aggressive expansion plans with the goal of building a 1 GWp clean energy portfolio across North and Central India. The company credits its success to a scalable modular energy model, innovative technology deployment, and continued investor confidence.

“India is writing the next chapter of its clean energy revolution, and OMC Power is proud to lead it—where profitability meets purpose,” said Rohit Chandra, Managing Director and CEO of OMC Power. “From solarising hospitals and MSMEs to powering agricultural infrastructure and enabling telecom access in rural villages, we are building a climate-resilient, digitally inclusive Bharat,” he added.

Among OMC’s most ambitious initiatives is one of the world’s largest healthcare solarisation projects under the RESCO model. The company is in the process of solarising over 200 hospitals and medical colleges across Uttar Pradesh. This project guarantees uninterrupted power for essential healthcare services, creates local employment opportunities, and is projected to prevent more than 125,000 metric tons of CO₂ emissions annually.

The company also plays a vital role in rural digital inclusion by powering telecom towers in underserved areas, thus supporting mobile connectivity and internet access for millions. Its smart mini-grids currently operate in over 400 villages, impacting more than 100,000 lives by powering agriculture, education, and small businesses.

OMC Power integrates IoT-based energy systems and AI-powered forecasting tools developed under the Make in India initiative. These technologies enable predictive energy management and system optimisation. Through local manufacturing and service networks, the company supports hundreds of MSMEs and contributes to national goals under AatmaNirbhar Bharat, Digital India, and India’s Net Zero by 2070 agenda.

After reporting PAT positive results in FY 2025–26 and maintaining strong year-on-year growth between 40–50%, OMC Power now aims to triple its clean energy footprint by FY 2026–27. The company is also evaluating opportunities to replicate its decentralised energy model across emerging markets in Southeast Asia and sub-Saharan Africa.

OMC Power’s achievement presents a scalable and replicable framework for aligning financial profitability with climate goals and rural development—marking a critical inflection point in India’s clean energy transition from the ground up.

 

  • Related Posts

    Enviromena Begins Construction of Longpasture Solar Farm, Its Second-Largest UK Project, Targeting 2027 Energisation

    Enviromena has started construction of the Longpasture Solar Farm in County Durham, UK, marking a major milestone for the company’s second-largest UK project to date. The company acquired the project…

    Indian Green Energy Stocks Show Mixed Performance Amid Market Weakness (24 August 2026)

    Indian stock markets ended lower on August 24, 2026, as investors remained cautious amid selling pressure across benchmark indices. The S&P BSE SENSEX closed at 77,369.11, declining 0.22%, or around…

    Have You Seen?

    Norway Takes Oilfield Climate Battle to Supreme Court

    • August 24, 2026
    Norway Takes Oilfield Climate Battle to Supreme Court

    Equinor and Aker BP Make New North Sea Gas Discovery

    • August 24, 2026
    Equinor and Aker BP Make New North Sea Gas Discovery

    Russia Scrambles to Restore Fuel Supplies as Refineries Resume Operations

    • August 24, 2026
    Russia Scrambles to Restore Fuel Supplies as Refineries Resume Operations

    Texas Oil Regulator Elects New Chairman

    • August 24, 2026
    Texas Oil Regulator Elects New Chairman

    Exxon Eyes Shell’s $8 Billion U.S. Chemicals Business

    • August 24, 2026
    Exxon Eyes Shell’s $8 Billion U.S. Chemicals Business

    Iran Unveils Huge New Gas Discovery Amid U.S. Economic Pressure

    • August 24, 2026
    Iran Unveils Huge New Gas Discovery Amid U.S. Economic Pressure

    Norway Vows to Keep Drilling for Oil and Gas in the Arctic

    • August 24, 2026
    Norway Vows to Keep Drilling for Oil and Gas in the Arctic

    Japan Power Prices Surge to Highest Since 2023

    • August 24, 2026
    Japan Power Prices Surge to Highest Since 2023

    Enviromena Begins Construction of Longpasture Solar Farm, Its Second-Largest UK Project, Targeting 2027 Energisation

    • August 24, 2026
    Enviromena Begins Construction of Longpasture Solar Farm, Its Second-Largest UK Project, Targeting 2027 Energisation

    Indian Green Energy Stocks Show Mixed Performance Amid Market Weakness (24 August 2026)

    • August 24, 2026
    Indian Green Energy Stocks Show Mixed Performance Amid Market Weakness (24 August 2026)