Where is PGVCL located?

PGVCL is headquartered in India. It is registered at PASCHIMGUJARATVIJSEVASADAN,OFFNANAMAVAMAINROAD,LAXMINAGAR, RAJKOT, Gujarat, India, 360004.

How many employees does PGVCL have?

As of Oct 31, 2024, PGVCL has 2661 employees, reflecting a 1% year-over-year decline in headcount.

Is PGVCL a funded company?

PGVCL is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does PGVCL rank among its competitors?

PGVCL ranks 173rd amongst 788 active competitors, of which 42 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Fortum, which secured $99.1M in Jul, 2025.

Who are the top competitors of PGVCL?

PGVCL's top competitors include Iberdrola, Saudi Electricity and Fortum. Among them, Fortum secured the most recent funding round in July, 2025.

PGVCL - 2026 Company Profile & Competitors

PGVCL is a deadpooled company based in India, founded in 2003. It operates as a Supplier of electricity. The company has 788 active competitors, including 42 funded and 251 that have exited. Its top competitors include companies like Iberdrola, Saudi Electricity and Fortum.

Company Details

Website: pgvcl.com
Registered Address: PASCHIMGUJARATVIJSEVASADAN,OFFNANAMAVAMAINROAD,LAXMINAGAR, RAJKOT, Gujarat, India, 360004

Key Metrics

Founded Year

2003

Location

India

Stage

Deadpooled

Ranked

173^rd among 788 active competitors

Employee Count

2,661 as on Oct 31, 2024

Similar Companies

Iberdrola & 817 more

View PGVCL's full profile

PGVCL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PASCHIM GUJARAT VIJ COMPANY LIMITED CIN: U40102GJ2003SGC042908 , India, Active	Sep 15, 2003	$3.24B (As on Mar 31, 2025)	2661 (As on Oct 31, 2024)

PGVCL has not raised any funding rounds yet.

PGVCL's employee count trend

PGVCL has 2,661 employees as of Oct 24. The total employee count is 1.0% lower than what it was in Oct 23. Here is PGVCL's employee count trend over the years:

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Top competitors of PGVCL include Iberdrola, Saudi Electricity and Fortum. Here is the list of Top 10 competitors of PGVCL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Iberdrola 1992, Bilbao (Spain), Public	Provider of integrated solutions and services for energy generation and sustainable development.	-	Qatar Investment Authority, IFC & 3 others	76/100
2nd	Saudi Electricity 2000, Riyadh (Saudi Arabia), Public	Electric power generator and distributor	-	Citi, Public Investment Fund & 9 others	73/100
3rd	Fortum 1998, Espoo (Finland), Public	Provider of clean energy solutions	-	Taaleri, Finnfund & 3 others	73/100
4th	CESC 1879, Kolkata (India), Public	Electric utility company	$80M	Invesco Mutual Fund, MFS Investment Management ... & 2 others	71/100
5th	Copel 1954, Curitiba (Brazil), Public	Power generation, transmission, and distribution company	-	-	69/100
6th	FirstEnergy Corp 1997, Akron (United States), Public	Provider of electricity production and distribution services	-	Elliott Management, Japan Asia Investment ... & 4 others	69/100
7th	Salzburg AG 2000, Salzburg (Austria), Series A	Supplier of energy, telecommunications, and internet services	-	Europa, Energie & 1 others	68/100
8th	Georgia Power 1883, Atlanta (United States), Public	Electric utility company	-	DOE, United States Department of Agriculture	68/100
9th	PGE 1990, Lublin (Poland), Public	Provider of renewable energy production services	-	Penton Partners, Europa	67/100
10th	K-Electric 1913, Karachi (Pakistan), Acquired	Public Electric Utility	$361M	FMO, GuarantCo & 1 others	67/100
173rd	PGVCL 2003, India, Deadpooled	Supplier of electricity	-	-	35/100