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A HIGH VOLTAGE DIVERSIFICATION PLAY

BW Businessworld

|

May 31, 2025

JAKSON GROUP is firing on all cylinders in India's energy and infra space. Will this ambitious playbook be tempered with operational control and execution discipline?

- By Arjun Yadav

A HIGH VOLTAGE DIVERSIFICATION PLAY

MINUTES before Jakson Chairman Sameer Gupta sat with us for a conversation, he received a phone call from Mumbai. The phone call intimated him about Jakson winning a letter of intent for a major railway project in the city.

This quiet yet significant milestone marks something much bigger for a company once known chiefly for its diesel gensets and rooftop solar systems. Jakson is no longer just in the business of clean energy, it is now placing bold bets across civil infrastructure, bio CNG, green hydrogen, transmission, and much more.

The group has a clarity in structure, paired with a long-term mindset and readiness to invest big, says Gupta. This has helped Jakson triple its revenues in just three years. FY2025 marked the first year of the group's inching closer to becoming a billion-dollar company by revenue, as their topline breached Rs 8,000 crore.

Towards Self-reliance

According to Gupta, each of Jakson’s businesses—distributed energy, solar manufacturing, utility-scale EPC, independent power production, green hydrogen and infra--has its own customer lens and growth blueprint.

imageThe distributed energy business, the group’s legacy business, for instance, comprises green gensets and rooftop solar offerings targeted at commercial and decentralised power consumers. These products, Gupta says, are designed to be nearly pollution-free--these gensets “emit air cleaner than the ambient quality”. The company also sees growing traction in rooftop solar systems, especially since the launch of the PM Surya Ghar Muft Bijli Yojana.

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