Manikaran Power Limited
About Us

About Us

Manikaran Power Ltd. is a diversified USD 500+ million energy solutions company with a well-balanced energy portfolio across Power, Gas, Biomass, and Coal, delivering reliable and sustainable solutions to industries nationwide.

A mix of power sales contracts in both Renewable and Non-Renewable energy in the Short Term, Medium term and on the Power Exchanges has given MPL a unique strength in terms of Energy Portfolio diversity. MPL has been a regular supplier of coal to various IPP’s in India. With the mix of Industrial Consumers, Gas Sellers and City Gas Distributors(CGD’s), MPL has developed a strong Gas trading portfolio. MPL is also venturing into acquisition and maintenance of operating assets, thus truly becoming an Integrated Energy Solution Company.

Journey so far

  1. 2026-2029

    Augmenting Forte & Variegate

    • 5 GW power assets
    • BESS Solutions
    • iREC / REC
    • Biomass based Solutions
    • Waste to Energy

  2. 2020-24

    Strategic Expansion

    • 1st Full Trading Member on IGX
    • Evolved as Largest Renewable Analytics Platform
    • Strategic Investment in Hindustan Power Exchange

  3. 2016-19

    Solutions based Organisation

    • 1st Interstate Solar Power transaction to Utility in Short Term
    • 1st Private Power Trader to do Cross Border Trade

  4. 2012-15

    Power Trading Starts

    • Launched Smart Energy Meter Data Analysis System
    • Research started on RE SCADA Integration & Analytics
    • Recognized as CERC Trading Licensee

  5. 2008-11

    Marking Presence

    • Introduction of first Industrial client to Power Exchange
    • Became fastest growing organization for client introduction on Power Exchange

  6. 2005

    Start

    • Started journey through Flagship Company i.e. Manikaran Power Limited on 28th October 2005

We have received

Excellence Awards

From IEX for

  • Maximum registered clients on IEX
  • Highest electricity volume member
  • Highest REC volume member

From IGX for

  • Trading & Clearing Member of the Year 2025
IEX award: Maximum registered clientsIEX award: Highest electricity volume memberIEX award: Highest REC volume memberIGX award: Trading and Clearing Member of the Year

What They Say

A Powerful Driving Force

Rajesh K Mediratta

IEX has been associated with Manikaran Power Limited since 2009 as we have witnessed their undying commitment towards growth and excellence for deepening and widening of power market by making it accessible to C&I segment. MPL has an excellent team of competent professionals and a very knowledgeable & supportive management team. MPL have also consistently aimed towards providing varied & diversified services leading to GoI vision of ‘Atmanirbhar Bharat’. IEX would like to congratulate MPL and wish all success, in their endeavours not only in power sector but also in Gas sector, after registering as 1st Member of Indian Gas Exchange (IGX).

Rajesh K Mediratta

Director (Strategy)

Indian Energy Exchange (IEX)

Indian Energy Exchange (IEX) logo
Rajesh Kumar Jindal

We had a great experience working with Team MPL. Our requirements are challenging and MPL has been able to meet our expectations.

Rajesh Kumar Jindal

CEO

Bhilangana Hydro Power Limited

(A Venture of Polyplex Group)

Bhilangana Hydro Power Limited logo
Anshul Garg

Manikaran Power Limited has an excellent team of dedicated professionals with outstanding execution and excellent customer service. Their promptness speed to convert proposals into final contracts is beyond expectation. We’re proud to feature them as one of our recommended traders. Keep up the great work!

Anshul Garg

Head – Power Sales & Trading Energy Business

Adani Power

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