By Richa Chakravarty
With the announcement of the draft second phase of Jawaharlal Nehru National Solar Mission (JNNSM), the government is, once again, giving an aggressive push to the solar industry, keeping the power shortage of the country in mind.
After a period of lull, the momentum has once again picked up, and by 2017, India will have 4000 MW of solar energy under JNNSM and 2500 MW under state solar policies.
Here we list out the 20 solar giants in India, who are not only contributing to a major transition in the country—from conventional power to solar energy—but also doing good business in the market, and have made a mark in the solar industry.
Disclaimer: While this survey is by no means comprehensive, it does provide a glimpse into many of India’s key solar players. While Electronics Bazaar’s editorial team has taken utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies from this list. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar nor its affiliates, officers, directors, employees, owners, representatives nor any of its data or content providers shall be liable for any errors or for any actions taken by any entity on the basis of this information.
Top 20 Solar Players at a Glance |
Azure Power |
Central Electronics Ltd |
Chemtrols Solar Pvt Ltd |
Emmvee Solar Systems Pvt Ltd |
Euro Multivision Ltd |
Indosolar Ltd |
Jupiter Solar Power Ltd |
Lanco Solar Pvt Ltd |
Mahindra Solar One |
Moser Baer Solar Ltd |
Photon Energy Systems Ltd |
PLG Power Ltd |
Premier Solar Systems Pvt Ltd |
Reliance Industries Ltd-Solar Group |
Surana Ventures Ltd |
Tata Power Solar Systems Ltd |
Tata Power Solar Systems Ltd |
Vikram Solar Pvt Ltd |
Websol Energy System Ltd |
XL Energy Ltd |
Azure Power |
Inderpreet Wadhwa, CEO and founder Azure Power is a leading solar energy developer and operator. It creates innovative solutions to deliver solar energy to its utility, government and commercial customers. From its utility scale solar power plant, it supplies power to 20,000 people and 32 villages in Punjab. It has invested Rs 10 billion in projects in Gujarat, Rajasthan and Karnataka. Year of establishment: 2007 |
Central Electronics Ltd |
Dr Vinod Kaul, general manager Central Electronics Ltd (CEL) is a public sector enterprise under Ministry of Science & Technology, Government of India. It has produced many products by developing state of the art technology with its own R&D. The company has supplied more than 0.15 million SPV systems in India and abroad. Year of establishment: 1974 |
Chemtrols Solar Pvt Ltd |
Chemtrols Solar Pvt Ltd is a subsidiary of the Chemtrols Group, which has diversified interests in process control instrumentation, automation, manufacturing and clean technology. In January 2012, it successfully commissioned a 1 MW project in Gujarat. Last year, it had also bagged the EPC contract for a 5.25 MW solar PV power plant project in Ahmednagar based on thin film technology.Year of establishment:2010 Corporate headquarters: Mumbai Manufacturing unit located at: Goa Services offered: Project development, project financing, comprehensive EPC and solutions for off-grid PV applications Contact details: Ph:+91 22 6715 1200, [email protected]; www.chemtrolssolar.com |
Emmvee Group |
D V Manjunatha, founder and Managing DirectorEmmvee is a developer and manufacturer of high performance solar thermal systems as well as mono- and polycrystalline photovoltaic modules and systems in Bengaluru, the Silicon Valley of India. Emmvee offers various solar water heating systems and photovoltaic modules and solar applications since 1992 having more than 650 well trained and highly motivated employees all over the world working in the segments of photovoltaic, solar thermal systems and glass toughening. Its European headquarters are located in Berlin, Germany.Emmvee Photovoltaic Power Private Limited specializes in distributing photovoltaic modules for on and off-grid applications as well as standard and customized photovoltaic systems for stand-alone and especially roof top applications. Emmvee has recently entered the field of MW scale project development and EPC in Europe and in India.Year of establishment: 1992 Corporate headquarters: Bengaluru Manufacturing unit located at:International Airport Road, Bengaluru and Pemmanahalli village, Bengaluru Services offered: Modules, solar thermal systems, undertakes EPC projects. Contact details:Ph: 91 80 4323 3333; [email protected]; www.emmveesolar.com |
Euro Multivision Ltd |
Inderpreet Wadhwa, CEO and founderIncorporated as a public limited company, Euro Multivision Ltd (EML) is into the manufacturing and trading of solar products in India. In 2007, the company exp anded its capacity from 5 manufacturing lines to 10. In August 2010, the company commenced solar PV cell project of 40 MW capacity in India.Year of establishment: 2004 Corporate headquarters: Mumbai Manufacturing unit located at: Gujarat Services offered: Solar cells and modules, solar off-grid products. It also developes solar power plants Contact details: Ph: +91 22 4036 4036; [email protected]; www.euromultivision.com |
Indosolar Ltd |
HR Gupta, managing director, Indosolar Ltd Indosolar Ltd manufactures both multi and mono crystalline cells. Its current manufacturing capacity is 160 MWp with an average efficiency rating of over 16 per cent. It has a fully robotic state of the art plant that requires minimal technical intervention and operates 24 hours a day. The company has entered into a contract with GCL-Poly, one of the leading polysilicon and wafer suppliers in the world. Year of establishment: 2008 |
Jupiter Solar Power Ltd |
Alok Garodia, managing directorJupiter Solar Power is an integrated, end to end solar power solutions provider. It manufactures high efficiency photovoltaic poly crystalline solar cells with 50 MW capacity. Its facilities and management systems are ISO 9001:2008; ISO 14001:2004 and OHSAS 18001:2007 certified. The company has aggressive expansion programmes for both higher capacity as well as for backward and forward integration in the value chain to consolidate and enhance its competitive edge.Year of establishment: 2010 Corporate headquarters: Kolkata Manufacturing unit located at: Baddi, Himachal Pradesh Services offered: Solar cells and provides system solutions Contact details: Ph:+91 33 4015 9000; [email protected]; www.jupitersolarpower.com |
Lanco Solar Pvt Ltd |
G Venkatesh Babu, managing director Lanco Solar is a 100 per cent subsidiary of Lanco Infratech Ltd. The company has robust pipeline of more than 380 MW, including its own projects and EPC services to other developers. Currently, it is executing a 75 MW PV project in Maharashtra. It has also bagged another 10 MW project in Karnataka. The company is also building 2100 MW solar thermal projects in Rajasthan. Year of establishment: 1978 |
Mahindra Solar One |
Chandan Guha, CEOMahindra Solar One is a joint venture between Kiran Energy and Mahindra. It offer a range of solar solutions spanning on grid and off-grid solutions. The company builds utility scale solar power plants, providing turnkey EPC services. It has recently commissioned its first 5 MW solar plant near Jodhpur. This plant has been commissioned in a record time of 100 days, and will provide solar electricity to around 60,000 rural homes.Year of establishment: 2010 Corporate: Mumbai Manufacturing unit located at: Jodhpur Services offered: EPS and developes large grid connected solar power plants Contact details: Ph: 91 22 2491 6883; www.mahindra.com |
Moser Baer Solar Ltd |
Dr Rajiv Arya, CEOMoser Baer Solar is a subsidiary of Moser Baer India Ltd. It has signed an agreement to build a 25 MW solar power project in Madhya Pradesh, which will be completed by July 2013. It has also commissioned a 5 MW solar park in UK, spread over 18 hectares. This solar park was completed in nine weeks.Year of establishment: Between 2005 and 2007 Corporate headquarters: New Delhi Manufacturing unit located at: Greater Noida Manufactures: Cells, modules, solar systems and setting up solar farms Contact details: Ph: +91 11 40594444, 26911570/74; +91 11 41635211, 26911860; www.moserbaersolar.com |
Photon Energy Systems Ltd |
Dr Rajiv Arya, CEOPhoton Energy Systems manufactures solar PV modules, and provides PV systems and solar thermal systems in India. Its PV manufacturing facility at Photon has an annual capacity of 30 MW. The company has also established a 3 MW PV plant for Karnataka Power Corporation. This plant was constructed on 17 acres using 13,000 modules. Since its commission it has produced 1.76 million units of solar power into the grid.Year of establishment: 1995 Corporate headquarters: Hyderabad Manufacturing unit located at: IDA Bollaram, Andhra Pradesh Manufactures: Modules, and provides solar systems and solar thermal systems Contact details: Ph: +91 40 23331337/1338/1339; [email protected]; www.photonsolar.in |
PLG Power Ltd |
Punit Goyal, CEO PLG Power is a part of PLG Group, which is a 100 year old company. PLG Power manufactures and delivers high quality solar modules. Its manufacturing unit in Nashik has a capacity of 100 MW. The company had launched 40 MW solar power generation plant at Patan in Gujarat, and has already signed power purchase agreement for generation of 40 MW solar power with the Gujarat government. Year of establishment: 2008 |
Premier Solar Systems Pvt Ltd |
C Saluja, managing directorPremier Solar manufacturers mono and multi-crystalline solar PV modules and solar off-grid products. It has an installed capacity of 30 MW, and its manufacturing unit is equipped with state of art facilities backed by strong R&D cell and testing lab. The company has recently set up a solar plant in Jharkhand. Year of establishment: 1995 Corporate headquarters: Secunderabad, AP Manufacturing unit located at: Annaram village, AP Manufactures: Solar PV modules, solar lanterns, solar streetlights and solar water pumps Contact details: Ph: +91 40 27744415/27744416, +91 40 27744417; [email protected]; www.premiersolarsystems.com |
Reliance Industries Ltd-Solar Group |
Mukesh Ambani, managing director Reliance Solar develops a range of products, systems and solutions. It has set up a 30 MW facility for PV modules. The company has installed 2×2 Kwp solar power system to power the BTS tower of BSNL at Bijapur. It has also commissioned 1 MWp grid connected solar PV plant at Thyagraja Stadium, New Delhi. Year of establishment: 2007 |
Surana Ventures Ltd |
Narender Surana, managing director Surana Ventures is part of the Surana Group. It is a solar PV module manufacturer with an installed capacity of 12 MW. Presently, the company has a production capacity of 40 MW/annum and is catering to the demands of domestic and overseas market. The flexible manufacturing facility produces solar PV modules with power outputs ranging from 3 to 230 Wp. Year of establishment: 1978 |
Tata Power Solar Systems Ltd |
Ajay Goel, CEOTata Power Solar is a 100 per cent subsidiary of Tata Power. With a workforce of more than 600 employees across four manufacturing units and nine regional offices, the company offers fully integrated solar solutions from wafers to cells, modules, systems, installation, commissioning, maintenance, service and training. It has a state of the art 125 MW module manufacturing facility, and 84 MW solar cell manufacturing unit to produce mono and multi-crystalline wafers.Year of establishment: 1989 Corporate headquarters: Bengaluru Manufactures: Cells, modules and deals in solar power systems, EPC services. Contact details: Ph: 91 80 6777 2000/3000; www.tatapowersolar.com |
Titan Energy Systems Ltd |
Rao SYS Chodagam, chairman and managing directorTitan Energy manufactures solar PV modules, and has a state of the art manufacturing facility. Titan also undertakes design, construction, operation and maintenance of grid connected and off-grid solar systems on a turnkey basis. The company has recently commissioned 1 MW solar power plant for ESSAR Power in Bhuj, Gujarat. It has also entered intp partnership with Ortiz Energia, a subsidiary of Grupo Ortiz, Spanish Group, to jointly develop over 300 MW of solar power plants in India.Year of establishment: 1991 Corporate headquarters: Secunderabad, AP Manufacturing unit located at: Hyderabad Manufactures: Modules and solar energy systems Contact details: Ph: 91 40 2779 1085/0751; infotitan-energy.com; www.titan-energy.com |
Vikram Solar Pvt Ltd |
HK Chaudhary, chairmanVikram Solar is part of Vikram Group. It manufactures solar PV modules–both mono crystalline and multi crystalline types. Its manufacturing facility is spread over a 3716 sq m area and has an annual power production capacity of about 50 MW. It also has global presence with its offices in Germany, UK and Kenya. Vikram Solar is planning expansion by 140 MW in the EPC space. Recently, the company has undertaken a project to design, install and commission a 100 kWp solar power facility at the Cochin International Airport in Kerala.Year of establishment: 2006 Corporate headquarters: Kolkata Manufacturing unit located at: Falta, West Bengal Manufactures: Solar modules and deals in EPC services Contact details: Ph: +91 33 2230 7299; [email protected]; www.vikramsolar.com |
Websol Energy System Ltd |
Sreeram Vasanthi, director, technical and marketing Websol Energy System manufactures PV mono crystalline solar cells and modules in India. With a state of the art manufacturing facility, the company plans to expand its present capacity of 42 MW to 120 MW by the end of 2012. The company has technical capability to handle up to 160 micron thin wafers and produce multiple sized wafers. |
XL Energy Ltd |
Dinesh Kumar, managing directorXL Energy (formerly XL Telecom & Energy Ltd) is partnered by Coming Inc and Kyocera Inc of USA. It is an Indian manufacturer of solar PV modules, and provides end to end solutions. The company has entered into a joint venture with SDEM TEGA SA, a Spain based company. It has installed over 30 MW solar power projects in the last two years.Year of establishment: 1985 Corporate headquarters: Hyderabad Manufacturing unit located at: Secunderabad Manufactures: Modules and offers EPC services Contact details: Ph: +91 40 2788 3333, [email protected]; www.xlenergy.co |
Some Other Solar Players in India
Adithya Solar Energy Systems |
G HariKrishna, managing directorAdithya Solar Energy Systems is a sole proprietorship firm engaged in the manufacture and supply of a wide array of solar products including SPV modules, solar street lighting systems, solar lanterns, solar home lighting systems, solar security fencing, solar LED blinkers, solar water pumping systems, and solar water heaters. Backed by its six years of experience and state of the art infrastructure, the company has been able to build a vast client base across India. The company strives to maximise customer satisfaction by offering easy payment options, safe packaging and ensuring the timely delivery of consignments.Year of establishment: 2005 Corporate headquarters located at: Hyderabad Manufacturing unit located at: Hyderabad Contact details: Ph: +91 40 40210285; + 91 40 23770285; www.adithyasolarenergy.com |
Bhambri Enterprises |
Biren Bhambri, CEOIncorporated in 2003 in Delhi, the company offers off grid solar products. Since its inception, the company has revolutionised the solar product market with innovative designs and quality. Its products are approved by MNRE, state nodal agencies and nationalised banks. It is an ISO 9001: 2008 certified manufacturer, supplier and exporter offering wide range of solar energy products. It specialises in solar water heating system and outdoor solar lighting system. The company follows strict quality control policy in order to offer its customers most reliable products. Uncompromising quality standards, comprehensive capabilities, pro-active client service makes the company a leading manufacturer and exporter of King Sun Solar products.Year of establishment: 2003 Corporate headquarters located at: New Delhi Manufacturing unit located at: Karol Bagh, New Delhi Contact details: Ph: 011 23541114; [email protected]; www.bhambrienterprises.com |
Consul Consolidated Pvt Ltd |
NP Krishnan, director, marketingEstablished in 1981, the company manufactures and supplies full range of power conditioning and power backup products, services and solutions. Its products are backed with more than three decades of field experience in developing customised power products that meet the exacting standards of clients in supporting critical and sensitive equipment in various industrial and commercial applications. The company currently has two modern manufacturing facilities located in Chennai which are ISO 9000 & 14001 certified. In addition Consul has also received the CE certification for its products. It has a pan India service network represented by over 250 trained service engineers in six regional offices and 53 branch offices spread across the country.Year of establishment: 1981 Corporate headquarters located at: Chennai, Tamil Nadu Manufacturing unit located at: Perungudi, Chennai Manufactures: PCU and charge controller and also an integrator Contact details: Ph: 044 24403471/2; [email protected]; www.consulsolar.com & www.consulindia.com |
Vispra Power Controls |
B Suresh, CEOVispra Power Controls is a solar subsidiary of a leading OE UPS manufacturing company with almost two decades of experience in pure sinewave UPS. The company specialises in manufacturing of solar hybrid UPS/solar power conditioning units and charge controller. The company has complete in house infrastructure for design, development and manufacturing world class solar off grid UPS and meets international standards.Year of establishment: 2000 Corporate headquarters located at: Coimbatore Manufacturing unit located at: Coimbatore Manufactures: Solar hybrid UPS, solar PCU and Charge controllers Contact details: Ph: 09363202127; [email protected] |