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Toshiba JSW Power Systems

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Engineering, manufacturing, and services for thermal power.

IndiaFounded 2008Energy
Valuation $0–100M Latest valuation · 2026
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
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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 data

At 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.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC May 2026 $16M $62M JSW Energy
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Growth signals

Toshiba JSW Power Systems website traffic

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.

Latest monthly visits2K 1-year team growth+1.8%
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Investors

1 investor on the cap table

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
Team profiled 1 named & role-tagged
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇮🇳 India97.8%
🇦🇪 United Arab Emirates0.6%
🇦🇺 Australia0.6%
🇯🇵 Japan0.3%
🇺🇸 United States0.3%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

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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