Chamunda Electrical

Chamunda Electrical

Specialized electrical substation testing, commissioning, and maintenance services.

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DateInvestorsAmountRound
N/A

€0.0

round
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$474k

Growth Equity non VC
Total Funding000k
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Chamunda Electrical Limited is a service provider in the power sector, focusing on specialized electrical services. The firm was incorporated as a private limited company in Gujarat, India, on June 25, 2013, and later converted to a public limited company in August 2024. The founders are Natvarbhai K Rathod and Chiragkumar Natvarlal Patel. Mr. Rathod has approximately 30 years of experience with the Gujarat Electricity Board, while Mr. Patel has a background in commerce and manages the company's financial, marketing, and administrative functions.

The company's core business involves the operation and maintenance of electrical substations up to 66 KV and the testing and commissioning of substations up to 220 KV. Its services include the erection of Extra High Voltage (EHV) equipment, structures, earthing, and control cable works. Chamunda Electrical serves a client base that includes state government utilities and power utility companies like Gujarat Energy Transmission Corporation Limited (GETCO). In addition to its primary services, the company operates a 1.5 MW solar power generation park in Gujarat under a 25-year Power Purchase Agreement with Uttar Gujarat Vij Company Limited. The business model is service-based, owning a fleet of testing equipment and machinery rather than manufacturing facilities. The company has stated intentions to fund capital expenditures, working capital requirements, and loan repayments through an Initial Public Offering.

Keywords: electrical substation services, substation testing, substation commissioning, substation maintenance, EHV equipment erection, power sector services, solar power generation, electrical engineering, power transmission, GETCO contractor, control cable works, Gujarat power sector, electrical infrastructure, power purchase agreement, energy services, high voltage maintenance, electrical testing services, solar park operation, power utility contractor, electrical solutions provider

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