Sai Urja Indo Ventures was incorporated as ‘Sai Urja Indo Ventures Private Limited’ on May 17, 2012. Upon the conversion of the company into a public limited company, pursuant to a resolution passed by its Board on January 13, 2025 and by its Shareholders on January 14, 2025, the name of the company was changed to ‘Sai Urja Indo Ventures Limited’ and a fresh Certificate of Incorporation dated February 06, 2025 was issued by the Registrar of Companies, Central Processing Centre.

It is an ISO 9001:2015 and ISO 45001:2018 certified company offering Operation and Maintenance (O&M) and other support services in industrial plants, primarily in power generation industry and other industries like iron & steel and agrochemicals. Its work includes managing electrical, mechanical, and instrumentation systems, operating coal handling and merry-go-round systems in power plants, as well as ensuring plant cleanliness and safety through industrial housekeeping, equipment overhauls, and manpower supply. It offers services that cover three areas: i) Maintenance - it takes care of electrical systems (managing power distribution), control and instrumentation (monitoring and automation), and mechanical jobs (machinery upkeep and repairs). ii) Operations - it manages operations in power plants, especially Boiler-Turbine-Generator (BTG), the core electricity producing unit, coal handling plants (CHP) and merry-go-round (MGR) systems that are essential for coal transport. iii) Others - It supports plant operations by providing industrial housekeeping to maintain cleanliness and safety, carrying out major equipment overhauls to restore functionality, and supplying skilled and unskilled manpower based on project needs.

Its journey began in 2012 when it received its first electrical license in Maharashtra from the Licensing Board of the Industries, Energy and Labour Department. This marked the beginning of its efforts to meet regulatory standards for electrical work. In 2013, it expanded to Rajasthan and gradually obtained licenses in Uttar Pradesh, Bihar, Jharkhand and Madhya Pradesh. It holds valid electrical licenses in few states for electrical related works. This allowed it to widen its services and establish ourselves as an O&M provider in the power sector. Over the time, it diversified across clients in industries like agrochemicals and iron & steel. Its services are delivered through four types of contracts based on the tenders which include: Annual Maintenance Contracts (for one to three years), Performance-Based Contracts (linked to plant output or reliability), Manpower Supply Contracts and Short-Term Bill of Quantity Contracts (for temporary needs).

Business area of the company

The company offers Operation and Maintenance (O&M) and other support services in industrial plants, primarily in power generation industry and other industries like iron & steel and agrochemicals. The company has diversified O&M service solutions for power and other industries. 

Services of the company

Maintenance

• Electrical Systems
• Control and Instrumentation
• Mechanical Jobs

Operations

• Boiler-Turbine-Generator (BTG)
• Coal Handling Plants (CHP)
• Merry-Go-Round (MGR)

Others

• Industrial Housekeeping
• Overhaul Works
• Manpower Supply

Awards and recognitions

• 2018: Secured Second Prize for ‘best performance in Industrial Safety and Good Safety Record’ from, Ramagundam Site (Telangana) under Category - II, CHP & MGR Areas.
• 2018: Secured Second Position for ‘Best Safety Performance in Category of Operation & Maintenance’ of 3x800 MW Kudgi Site Karnataka.
• 2019: Secured Second Prize in ‘Best House Keeping Site’ competition conducted during celebration of 48th National Safety Day from Adani Power Maharashtra Limited, Tirora.
• 2022: Secured Second Runner Up Award for ‘Shreshtha Suraksha Puraskar 2022’ from GMR Energy Warora Limited.
• 2023: Secured First Runner Up Award for “Shreshtha Suraksha Puraskar 2023” from GMR Energy Warora Limited.
• 2024: Secured Best ‘Safety Message Model’ from Adani Power Limited, Tirora in 2024.
• 2024: Secured ‘First Prize in Best Housekeeping’ from Adani Power Limited, Tirora.
• 2024: Secured ‘First Prize in Store Excellence Award’ in 2024.
• 2024: Recognized as ‘Top 10 Power Plant Operation & Maintenance Services 2024’ from Industry Outlook.
• 2025: Secured Recognition for ‘Good Performance’ at Darlipali.
• 2025: Secured Recognition for ‘Outstanding Performance in Operation & Maintenance of Energy & Power Sector’ sponsored by Navabharat International Business Excellence Summit held at Kazakhstan.
• 2025: Secured ‘Certificate of Appreciation’ in category of Energy and Power Sector sponsored by Navabharat International Business Excellence Summit held at Kazakhstan.

History and milestones

•  2012: The company was incorporated as Sai Urja Indo Ventures Private Limited under the Companies Act, 1956 as a private limited company and established its office at Chandrapur.
• 2012: Obtained Electrical License to work at any voltage across Maharashtra.
• 2013: Obtained A-Grade Electrical License for the state of Rajasthan.
• 2013: Secured projects at Adani Power, (Tiroda, Maharashtra & Kawai, Rajasthan) related to Electrical, control and instrumentation & housekeeping related works.
• 2014: Expanded into different verticals such as Coal Handling Plant (CHP) comprises of Wagon handling, Loco & HMV Operation & Maintenance (O&M) works.
• 2015: Certified as an ISO 9001:2015 company.
• 2017: Expanded business operations into other states such as Karnataka (Kudgi Site), Telangana (Ramagundam Site) and Chhattisgarh.
• 2017: Further taken the work of CHP Maintenance comprises of Wagon Tippler Maintenance & Conveyor Belt Maintenance.
• 2019: Undertook C&I Maintenance at Jhajjar, Haryana.
• 2021: Established Corporate Office at G-15, Jayanti Nagari IV, Besa Road, Manish Nagar, Nagpur, Maharashtra.
• 2021: Secured multiple Mega Projects for Long-Term Maintenance Contract for EMD and C&I in Madhya Pradesh, Long-Term Triennial Maintenance Contract for Electrical and C&I systems at Meja Site in Uttar Pradesh.
• 2022: Diversified into Steel Plant and Fertilizer Plant Industry, secured Annual Housekeeping Contract for Non-Plant Buildings, Road & Drains at Baurani Site, Bihar.
• 2022: Established Partnership Firm Aspire Associates to carry on the Mechanical, Electrical, Control & Instrumentation Maintenance Work, EPC, CHP & MGR Works.
• 2023: Established Partnership Firm Shikhar Associates to deal in Industrial Housekeeping, Operation and Maintenance, Fabrication & Erection, EPC and other related works.
• 2024: Certified as an ISO 45001:2018 company.
• 2025: Conversion of the company from a Private Limited to Public Limited Company.