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Toshiba JSW Power Systems
Engineering, manufacturing, and services for thermal power.
About Toshiba JSW Power Systems
Toshiba JSW Power Systems Private Limited is a joint venture established in September 2008 between Japan's Toshiba Corporation and India's JSW Group, created to manufacture and market thermal power equipment in India. The company commenced commercial operations in January 2011 from its manufacturing facility in Chennai. This venture combines Toshiba's extensive technological expertise in power systems with JSW Group's significant presence in India's energy and steel sectors. Originally formed with a 75% stake by Toshiba and 25% by JSW Group, the partnership has evolved, with JSW Energy increasing its holding in 2026. The company is currently led by Managing Director Daisuke Murata, who was appointed in June 2024. The firm's primary business revolves around the engineering, manufacturing, and servicing of equipment for thermal power plants. Its manufacturing facility in Chennai, covering approximately 400,000 square meters, produces large-sized steam turbines and generators for highly efficient super-critical thermal power plants, with capacities ranging from 500 MW to 1,000 MW. This facility, with an annual production capacity of 3,000 MW, supports India's "Make in India" initiative and serves as a hub for global markets. The company has secured major contracts from clients like NTPC Limited, India's largest state-owned energy provider, to supply turbine and generator packages for significant projects across India. In addition to manufacturing, Toshiba JSW provides a comprehensive suite of services aimed at enhancing the efficiency and sustainability of power generation. This includes high-quality maintenance, repair, and refurbishment services for thermal plants. A key offering is its advanced digital IoT solution, EtaPRO®, an AI-driven platform for plant monitoring and diagnostics. This system analyzes real-time operational data to detect abnormalities, perform root cause analysis, and enable predictive maintenance, thereby minimizing downtime and reducing environmental impact. In a landmark contract, Toshiba JSW is deploying EtaPRO® across 165 NTPC power plants, marking a significant step in the digital transformation of India's energy sector. Keywords: thermal power equipment, steam turbines, generator manufacturing, super-critical power plants, power plant maintenance, energy decarbonization, digital IoT solutions, EtaPRO, power generation efficiency, Make in India, Toshiba Group, JSW Group, engineering services, plant diagnostics, predictive maintenance, power sector, equipment manufacturing, NTPC, Chennai, Gurugram
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2008
- Headquarters
- India
- Employees
- 574
- Open positions
- None listed
- Dealroom signal
- 33.8/100
- Industry
- Energy
- Sector
- Energy, Sustainable Development Goals, Climate Tech, Energy Management System, Grid Technology
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Toshiba JSW Power Systems.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2026 | $16M | $62M | JSW Energy | ↗ |
Growth signals
Latest recorded traffic for Toshiba JSW Power Systems is 2K monthly website visits. Toshiba JSW Power Systems's team grew 1.8% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
JSW Energy
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Toshiba JSW Power Systems on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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