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FEBRUARY 2026 Vol V Issue II
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Renewable Energy And Climate
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PRESS RELEASE
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CONTENTS
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Dear Folks
The February special edition of Industrial Outlook, released alongside the vibrant energy of Intersolar India
in Gandhinagar, captures a defining moment in India’s clean energy journey. Our cover story, The Renewable Future
& The Technologies Powering Tomorrow, explores how next-generation solar, storage, digital intelligence, and
grid-interactive systems are transforming ambition into reality. As India accelerates toward its 500 GWnon-fossil fuel
based energy capacity by 2030 innovation across modules, inverters, storage, and intelligent control platforms will
determine the speed and sustainability of this transition.
In this edition, we also present a critical industry focus on Blackstart Capabilities of Inverter-Based Renewable
Energy Systems in the Indian Power Grid. As renewable penetration rises, ensuring grid resilience is paramount.
Advanced inverter technologies with grid-forming and blackstart capabilities are no longer optional they are essential
to building a stable, secure, and self-reliant power ecosystem.
This issue is further enriched with exclusive guest articles, Union Budget perspectives, expert interviews, press releases,
and key industry updates, reflecting the optimism and strategic clarity shaping the sector.
On behalf of the Industrial Outlook team, we extend our sincere gratitude to all exhibitors, EPC players, speakers,
panelists, distributors, and visitors for making our EPS Industry Connect Conference a remarkable success. Your
insights and participation continue to drive meaningful dialogue.
Most importantly, we thank our readers for your continued trust and support. Your belief inspires us to chronicle India’s
industrial and renewable energy transformation with purpose and commitment.
Stay informed. Stay inspired.
Roopal Chaurasia
Disclaimer : The content and numbers of this
edition may mismatch of differ due to current
change in the market. Industrial Electrical is
not responsible for such changes or errors.
Please write your feedback/
suggestions or question on
editor@industrialoutlook.in
Visit us: www.industrialoutlook.in
EDITOR NOTE
ʝʻʷʺʼʸʴ˅ˇʻʼˁʺʸʿʸʶˇ˅˂ʷʸʝʶ˂˃˃ʸ˅ʵ˂ˁʷʼˁʺʸʴ˅ˇʻʼˁʺʸʿʸʶˇ˅˂ʷʸ
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ʝʴʷˉʴˁʶʸʵʴʶʾʹʼʿʿʶ˂ˀ˃˂ˈˁʷʝʹ˅˃ʶʻʴˀʵʸ˅ʶ˂ˉʸ˅
ʝʶ˂ˁˉʸˁˇʼ˂ˁʴʿʿʼʺʻˇʼˁʼˁʺʴ˅˅ʸˆˇʸ˅ʝʸˆʸʿʼʺʻˇˁʼˁʺʴ˅˅ʸˆˇʸ˅
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ʻʷʺʼʸʴ˅ˇʻʼʺʸʿʸʶˇ˅˂ʷʸ
ʸˆʸʿʼʺʻˇˁʼˁʺʴ˅˅ʸˆˇʸ˅
ʸˋ˂ˇʻʸ˅ˀʼʶˊʸʿʷʼˁʺ
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ˇ˔˟ʠʵ˛ˢ˥ʟʷ˜˦˧ʠ˃˨ˡ˘
ʹʴʶˇ˂˅ˌʴʷʷ˅ʸˆˆʭʺ˔˧ˡˢʥʣʧʟ˔˧˃ˢ˦˧ʠʾ˔˥˔ˡ˗˜ʛʾʡʵʜʟ
ˀˢ˛˔ˡˁ˔˚˔˥ʟˀ˔˨˟˜ˁ˜˪˔˦ʵ˨˜˟˗˜ˡ˚ʟʴˠ˕˘˚˔ˢˡʟ˃˨ˡ˘ʠʧʤʤʣʧʦ
˂ʹʹʼʶʸʴʷʷ˅ʸˆˆʭˆ˥ʡˁˢʡʦʧʢʤʥʟ˅˔˝˚˔˗ˇˢ˥ˡ˔ʶ˛ˢ˪˞ʟ
Bondada Engineering Limited has
successfully commissioned a total
of 48.47 MWp of solar power
projects for Paradigm IT, MAHA-
GENCO, and NLC, spanning multi-
ple clusters in Dhule, Sambhaji-
nagar, Jalgaon, and Parbhani in
Maharashtra, as well as Neyveli in
Tamil Nadu. The projects were
completed.
This milestone reflects Bondada
Engineering’s ongoing contribution
to
India’s
National
Renewable
Energy Mission and highlights the
company’s commitment to advanc-
ing sustainable energy solutions.
The Solar Division played a key
role in the projects, demonstrating
technical expertise, operational ex-
cellence, and strict adherence to
timelines, quality, and safety stan-
dards across all sites.
Bondada Engineering Limited re-
affirmed its dedication to expanding
India’s renewable energy capacity
while delivering world-class engi-
neering solutions with precision and
efficiency, supporting the nation’s
transition to clean and reliable
power.
BONDADA ENGINEERING LTD COMMISSIONS
48.47 MWP OF SOLAR POWER PROJECTS
NEWS
GREW Solar has raised ₹1,050
crore in a funding round led by Bay
Capital Investment Limited along
with two other institutional inves-
tors, the company announced re-
cently. The fresh capital will be
used to expand its solar cell manu-
facturing capacity from 3 GW to 8
GW at its Narmadapuram facility in
Madhya Pradesh.
The integrated solar PV module
manufacturer had earlier secured
₹300 crore from investors including
Vijay Kedia and Rohit Kothari of
GeeCee Holdings.
According to the company, the
latest investment will help strength-
en operations and support its strate-
gic expansion plans as it moves
toward becoming a fully integrated
solar manufacturing player.
Vinay Thadani, CEO and Director
of GREW Solar, said the funding
underscores investor confidence in
the company’s manufacturing capa-
bilities and growth strategy. He
added that the capital infusion will
accelerate
capacity
expansion,
enhance operational efficiencies,
and drive technological advance-
ments.
GREW SOLAR RAISES ₹1,050 CRORE TO BOOST
CELL MANUFACTURING CAPACITY
12 | February 2026 | www.industrialoutlook.in
India installed a record 36.6 GW of
solar capacity in 2025, nearly 43%
more than in 2024, according to
Mercom India's Q4 and Annual
2025 India Solar Market Update.
Large-scale solar projects, includ-
ing open access installations, repre-
sented nearly 81% of total
addi-
tions, while rooftop solar made up
over 19%. The large-scale solar
installations were 29.5 GW, up 31%
year-over-year. They were led by
Rajasthan, Gujarat and Maharash-
tra.
The record annual solar installa-
tions reflect strong demand and
steady execution despite ongoing
challenges, said Raj Prabhu, CEO
of Mercom Capital Group. “Curtail-
ment has emerged as the most press-
ing issue, particularly in solar-hea-
vy states,” he added, noting the
upcoming ALMM-II deadline is
creating uncertainty around cell
availability. “Equipment delays and
a growing PPA backlog also weigh
on the market. Unless transmission
expansion and manufacturing scale
move in sync with capacity addi-
tions, growth will remain uneven in
2026,” Raj Prabhu said.
In the fourth quarter of the year,
India installed 9.9 GW of solar
capacity, representing quarterly and
annual growth of nearly 11% and
21%.
At the end of the year, the country
had nearly 136 GW of installed
solar capacity. In 2025, solar
accounted for 68% of its 57 GW of
newly added power capacity.
In
2025,
almost
44
GW
of
large-scale solar project tenders
were announced, down 45% on
2024, while 20.9 GW of projects
were auctioned, also below the prior
year level, falling by 57%.
INDIA'S SOLAR INSTALLATIONS HIT RECORD
36.6 GW IN 2025
NEWS
IOC-GPS Renewables, a joint
venture (JV) between Indian Oil
Corporation Limited (IOCL) and
GPS Renewables, has floated a
tender to procure long-term open
access solar power. The power will
be sourced under the group captive
model for its compressed biogas
plants. Furthermore, the sites are
spread across Haryana (4), Uttar
Pradesh (3), Chhattisgarh (1), and
Andhra Pradesh (1).
According to the tender guidelines,
the bidders are required to submit
an earnest money deposit in the
form of a bank guarantee for Rs 1.3
million per site. The successful
bidders are required to submit a
performance bank guarantee of Rs
3.24 million per site. Additionally,
the successful bidders will ink a
power purchase agreement valid for
25 years from the date of commis-
sioning of the project. The deadline
for bid submission is February 24,
2026.
Earlier in December 2025, IOCL
inked a memorandum of agreement
with IIT-ISM Dhanbad for the
development of a solar hydro-
gen-based clean cooking and mi-
cro-power generation system for
rural households.
IOC-GPS RENEWABLES JV FLOATS TENDER TO
PROCURE OPEN ACCESS SOLAR POWER
13 | February 2026 | www.industrialoutlook.in
NTPC REL FLOATS TENDER FOR 540 MW WIND
PROJECT IN ANDHRA PRADESH
NEWS
NTPC Renewable Energy Limited
(NTPC REL) has floated a tender
for the development of a 540 MW
wind energy project at inter-state
transmission system connected (IS-
TS) sub-station, Anantapur-III in
Andhra Pradesh (Tranche-II).
According to the tender guidelines,
the scope of work covers the design,
engineering, micro-siting, manufac-
turing, supply, erection, testing,
installation, and commissioning of
the project. It also includes proving
the guaranteed performance param-
eters for the complete wind farm,
including land, the Approved List of
Models and Manufacturers (Wind),
listed
wind
turbine
generators
(WTGs), along with the unit substa-
tion and 33 kV internal evacuation
lines from the unit substation. Addi-
tionally, the work also encompasses
proving performance parameters for
the pooling substation, the central
monitoring and control station,
wind monitoring mast(s), and the
external EHV transmission line up
to the ISTS substation.
Furthermore, the successful bidder
is required to provide 10 years of
operations and maintenance ser-
vices for the wind energy project,
including WTG, unit substation,
pooling substation, and internal and
external
transmission. The
bid
submission deadline is March 30,
2026. I
The Odisha government has inked
agreements worth approximately Rs
670 billion for the development of
renewable projects. The agreements
have been inked by the Grid Corpo-
ration of Odisha Limited, under the
state
Energy
Department.
The
agreement with NHPC has been
inked for the development of a
1,000 MW pumped storage project
(PSP). Furthermore, the agreement
with Bharat Petroleum Corporation
Limited will cover the development
of ground-mounted solar, floating
solar photovoltaic, and PSPs.
Furthermore, the MoU with ABC
Cleantech Private Limited and Axis
Energy
Ventures
India
Private
Limited covers the development of
5,000 MW of a clean energy
project. Moreover, the agreement
signed with NEEPCO is for the
development of 800 MW of PSP.
Earlier in January 2026, the Odisha
Electricity Regulatory Commission
(OERC) issued draft regulations
titled the OERC (Grid Support
Charges for Captive Generating
Plants) Regulations, 2026.
ODISHA INKS AGREEMENTS FOR RENEWABLE
ENERGY PROJECTS
14 | February 2026 | www.industrialoutlook.in
GREENBACKER SECURES FINANCING FOR
674 MW SOLAR PROJECT IN NEW YORK
NEWS
Greenbacker Renewable Energy
Company LLC has completed a
$440 million tax equity commit-
ment from US Bank and M&T Bank
for the 674 MWdc, or 500 MWac,
Cider solar project located in Gene-
see County, New York. The financ-
ing represents the final funding
component required to fully capital-
ise the project to bring it online, and
will support the utilisation of
investment tax credits. The project
is expected to begin commercial
operations in late 2026.
Sheppard
Mullin
and
Barclay
Damon LLP acted as counsel to
Greenbacker. Milbank LLP and
Rath, Young and Pignatelli, P.C.
acted as the counsel for the tax
equity partners. Orrick, Herrington
& Sutcliffe LLP served as reading
counsel for M&T Bank. Winston &
Strawn LLP and Rath, Young and
Pignatelli, P.C. acted as counsel to
the bank syndicate. CRC-IB advised
Greenbacker,
while
Cornerstone
Financial Advisors, LLC and CCA
Capital, LLC advised the tax equity
partners. Upon completion, Cider is
expected to generate sufficient
clean electricity to supply approxi-
mately 120,000 homes annually.
In
January
2026,
Greenbacker
announced the sale of a 237 MW
solar and storage portfolio to Altus
Power as part of its strategy to
optimise its renewable energy fleet.
The portfolio comprises more than
100 solar and storage projects
spread across 18 US states. The
transaction
was
supported
by
KeyBanc Capital Markets as the
exclusive financial advisor. I
Alight
has
acquired
two
large-scale solar projects in eastern
Finland from Finnish developer
3Flash, adding more than 200 MW
of planned solar capacity along with
an associated battery energy storage
system (BESS). The two projects,
with planned capacities of approxi-
mately 75 MW and 150 MW, are
situated in a region characterised by
comparatively lower local power
generation and reduced grid conges-
tion relative to other parts of the
country. Alight and 3 Flash will
jointly advance the projects until
they achieve ready-to-build status.
The 75 MW project is targeting grid
connection around 2028 and has
access to an existing nearby connec-
tion point to the Finnish transmis-
sion system operator, Fingrid. Addi-
tionally, the site has secured a
building permit for a 30 MW BESS.
The 150 MW project is expected to
connect to the grid through a
planned expansion of a Fingrid
substation, which is anticipated
around 2030. Following this trans-
action, Alight’s large-scale solar
and storage development pipeline in
Finland has exceeded 1 GW.
In February 2026, Alight secured
£34 million in portfolio financing
from SEB to develop and operate
behind-the-meter solar installations
for
commercial
and
industrial
customers in UK. The financing
facility supports a portfolio exceed-
ing 50 MWp, with projects sched-
uled for commissioning by 2027. I
ALIGHT ACQUIRES SOLAR WITH STORAGE
PROJECTS IN FINLAND
15 | February 2026 | www.industrialoutlook.in
16 | February 2026 | www.industrialoutlook.in
ACME SOLAR INCREASES GUJARAT WIND PROJECT
CAPACITY BY 8 MW, REACHES 52 MW
NEWS
ACME
Solar
Holdings
has
commissioned an additional 8 MW
at its wind power project in Suren-
dranagar, Gujarat, raising the facili-
ties operational capacity to 52 MW
out of a planned 100 MW. The
commissioning, carried out through
subsidiary
ACME
Eco
Clean
Energy, was witnessed by officials
from GEDA and PGVCL, with
formal certification expected short-
ly.
This latest phase marks the third
stage of the project, following the
earlier commissioning of 44 MW.
The addition also increases ACME
Solar’s total operational renewable
energy capacity to 2,942 MW.
The Surendranagar wind project is
being developed in phases using
SANY’s 4 MW turbines, with
construction managed by ACME’s
in-house EPC division. Financing
for the development has been
provided by Power Finance Corpo-
ration. I
Tata Power has reported a sharp
five-fold year-on-year rise in roof-
top solar installations, driven large-
ly by the government’s PM Surya
Ghar scheme and an expanded
nationwide partner network.
The company is currently installing
around 25,000 rooftop solar sys-
tems every month, compared with
an average of about 5,000 installa-
tions per month in the same period
last year. Installations have also
risen steadily over the past two
years, up from roughly 2,000 roof-
tops per month earlier, according to
company officials.
“We are installing on average
25,000 solar rooftops per month.
There were 5,000 rooftop solar
installations on average per month
in the year-ago period. Two years
ago, it was around 2,000 per
month,”
said
Kaushik
Sanyal,
National Head - Group Captive &
Enterprise Accounts at Tata Power,
in an interaction with businessline.
Sanyal attributed the strong growth
in installations to the PM Surya
Ghar scheme, alongside Tata Pow-
er’s own execution capabilities and
its
expanding
channel
partner
ecosystem. For its rooftop solar
business, the company has appoint-
ed channel partners and distributors
across the country and currently
works with around 650 partners
pan-India.
“The huge year-on-year increase in
installation is due to the PM Surya
Ghar scheme, our efforts and the
channel partners pan-India,” he
said. I
TATA POWER’S ROOFTOP SOLAR INSTALLATIONS HAVE
QUINTUPLED ANNUALLY, HITTING A MONTHLY MILESTONE OF 25,000
GUVNL ANNOUNCES RESULTS OF 335 MW/670 MWH
STANDALONE BESS AUCTION
NEWS
Gujarat Urja Vikas Nigam Limited
(GUVNL)
has
announced
the
results of its viability gap funding
(VGF) tender for 335 MW/670
MWh standalone battery energy
storage
systems
(BESS)
(Phase-VIII). The capacities
se-
cured by the winners and the tariffs
quoted by them are as follows:
Advait Energy Transitions won 150
MW/300 MWh at a tariff of Rs
210,000 per MW per month, and
Equentia Natural Resources DMCC
won 65 MW/130 MWh at a tariff of
Rs 211,999 per MW per month.
Furthermore, Sun Drops Energia
secured a capacity of 120 MW/240
MWh at a tariff of Rs 212,000 per
MW per month under the bucket
filling method.
According to the tender guidelines,
the scope of work covers the design,
financing, supply, installation, test-
ing, and commissioning of the
project. It also covers providing
operations and maintenance
ser-
vices for the BESS. The successful
bidder must ensure that the system
remains available to GUVNL for
charging and discharging based on
demand requirements. The BESS is
required to support two charge–dis-
charge cycles. Charging will be
carried out by drawing electricity
from the Gujarat Energy Transmis-
sion Corporation (GETCO) network
and injecting power back into the
GETCO grid, in accordance with
directions issued by the state load
dispatch centre.
Furthermore, the projects will re-
ceive viability gap funding of Rs
1.8 million per MWh of awarded
capacity, under the power system
development fund. The selected
bidders will sign a 12-year battery
energy storage purchase agreement
(BESPA). The projects are required
to be commissioned within 18
months from the effective date of
the BESPA. The tender was issued
earlier in December 2025. I
17 | February 2026 | www.industrialoutlook.in
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18 | February 2026 | www.industrialoutlook.in
Q. As a relatively young compa-
ny in a competitive solar distri-
bution market, how do you posi-
tion Bhasu Energy differently
from
established
players
in
India’s solar ecosystem?
Although Bhasu Energy Systems
LLP is a relatively young company,
our foundation is built on over 15
years of hands-on experience in
solar inverters, power electronics,
and PV system design. We differ-
entiate ourselves by operating as a
techno-commercial solutions part-
ner rather than a conventional vol-
ume-driven distributor.
In India’s competitive solar eco-
system, many established players
compete primarily on price. Our
focus, however, is on technical
depth, product suitability, and
long-term reliability. We actively
support EPCs and industrial clients
with system sizing validation, in-
verter selection, DC/AC optimiza-
tion, and performance-oriented
product recommendations. This
ensures that customers procure
solutions tailored to their applica-
tion rather than simply the most
readily available products.
We also prioritize ethical market
practices and transparent channel
relationships, which are critical in
a price-sensitive industry. By care-
fully aligning with reliable manu-
facturers and maintaining strong
technical engagement, we position
ourselves as a trusted bridge
between manufacturers and cus-
tomers. Our agility as a young or-
ganization, combined with sea-
soned expertise, enables faster
decision-making and personalized
service helping us build credibility
and long-term partnerships across
the solar value chain.
Unlike traditional distributors who
focus largely on volumes, we em-
phasize:
• Strong technical pre-sales sup-
port
• Product application engineering
• Transparent pricing and ethical
market practices
• Close engagement with EPCs,
industrial clients, and installers
Our approach bridges the gap
between manufacturers and end
customers. We ensure that custom-
ers receive technically optimized
solutions rather than just equip-
ment supply. This consultative po-
sitioning differentiates us from
many established but transac-
tion-driven players in India’s solar
ecosystem.
Q. How are recent Indian re-
newable energy policies shaping
your business strategy?
Government initiatives such as the
Production Linked Incentive (PLI)
scheme, domestic manufacturing
push, and strong support for the
C&I (Commercial & Industrial)
solar segment are significantly in-
fluencing our strategy.
Policies introduced by the Ministry
of New and Renewable Energy
have accelerated domestic manu-
facturing, especially in high-effi-
ciency modules such as TOPCon
and DCR-compliant products. This
has strengthened our focus on:
• Promoting domestically manu-
factured modules
• Expanding our DCR-compliant
product portfolio
• Supporting C&I clients with
technically optimized rooftop and
ground-mounted solutions
With increased regulatory clarity
and policy stability, we are align-
ing ourselves with high-efficiency
products and reliable manufactur-
ers to ensure long-term sustain-
ability for our customers and
partners.
INTERACTION
Mr. Shantanu Sirsath
Managing Director &
Co- Founder
Bhasu Energy Systems
Building Trust
and Technical
Leadership in
Solar
Distribution
Q. How is Bhasu Energy
enhancing pre- and post-sales
technical support to ensure sys-
tem performance and reliability
for industrial clients?
For us, technical support is not an
add-on it is core to our identity.
On the pre-sales side, we provide:
• Detailed system sizing and design
validation
• String configuration support
• Inverter compatibility checks
• Performance estimation assis-
tance
On the post-sales side, we focus
on:
• Installation guidance
• Commissioning support
• Warranty coordination with man-
ufacturers
• Rapid troubleshooting assistance
We are continuously strengthening
our technical team and regional
presence to ensure faster response
times. Our goal is to minimize
downtime and maximize energy
yield for industrial clients, thereby
improving project bankability and
customer confidence.
Q. Looking ahead, what are the
most important milestones you
aim to achieve in the next 3–5
years?
Over the next 3-5 years, our key
milestones include:
1. Achieving a significant revenue
milestone while maintaining sus-
tainable margins.
2. Expanding our warehousing
footprint across strategic locations
in Western and Central India to
improve delivery efficiency.
3. Strengthening partnerships with
leading domestic manufacturers of
high-efficiency solar modules and
inverters.
4. Building a strong PAN-India
distribution network supported by
technical excellence.
5. Becoming a trusted techno-com-
mercial brand known for reliabili-
ty, ethics, and long-term industry
relationships.
Our long-term vision is to position
Bhasu Energy Systems LLP as one
of the most respected solar distri-
bution companies in India recog-
nized not only for scale but for
technical depth, integrity, and con-
sistent performance.
INTERACTION
19 | February 2026 | www.industrialoutlook.in
20 | February 2026 | www.industrialoutlook.in
Q. Loom Solar operates multi-
ple manufacturing facilities and
has an in-house R&D team. Can
you share how the company is
innovating in PV module, invert-
er, and energy storage technolo-
gies?
At Loom Solar, innovation is
driven by a strong link between
manufacturing excellence and in-
house R&D. With multiple ad-
vanced production facilities and a
dedicated research team working
in tandem, the company focuses on
continuously improving efficiency,
reliability, and long-term perfor-
mance across PV modules, invert-
ers, and energy storage systems
while building an integrated nergy
ecosystem aligned with India’s
growing demand for decentralised
clean power.
Advancing PV Module Manufac-
turing
Loom Solar’s PV module produc-
tion operates through a fully inte-
grated manufacturing line that
includes cell testing, precision
cutting, tabber-stringer intercon-
nection, layup, bussing, lamina-
tion, framing, and sun simulator
testing. Each module undergoes
Pre-EL and Post-EL inspections to
ensure structural integrity and
consistent output quality.
On the technology front, the
company has adopted advanced
cell platforms such as TOPCon and
HJT to improve efficiency, durabil-
ity, and performance in Indian
climatic conditions. Its portfolio
spans from small modules (starting
at 20 Wp) to high-capacity panels
reaching up to 730 Wp for com-
mercial applications. Bifacial, mu-
lti-busbar configurations such as
those in the Shark series further
enhance energy generation by
capturing reflected light. BIS and
ALMM approvals reinforce quality
compliance and reliability for
large-scale deployment.
High-Performance & Smart In-
verter Solutions
The inverter manufacturing facility
is structured with dedicated testing
zones for functional validation, DC
power checks, AC load bank test-
ing, and power analysis. This
layered testing approach ensures
performance reliability in real op-
erating conditions.
The Fusion series supports both
single-phase and three-phase con-
figurations for residential and
commercial
applications.
Built
with IP65 protection, DC/AC surge
safeguards, and remote configura-
tion capabilities, these inverters are
designed for efficient energy con-
version and stable performance.
Continuous design improvements
ensure seamless integration with
hybrid and storage systems, sup-
ported by smart monitoring fea-
tures that enable real-time perfor-
mance tracking.
Scalable Energy Storage Systems
Energy storage is a core focus area,
addressing power reliability, peak
demand management, and reduced
dependence on diesel generators.
The CAML battery range spans
from compact residential units
starting at 1 kWh to large contain-
erised systems up to 5 MWh for
industrial applications.
Manufacturing involves automated
cell preparation, precision stack-
ing,
welding,
and
multi-level
safety testing to ensure durability
and long service life. Withfast
-charging capability, 3000-6000
life cycles, and IP65-rated protec-
tion, these systems are designed for
dependable performance across
varied operating environments.
Offerings
include
rack-mount,
wall-mount, cabinet, and contain-
erised
configurations
to
suit
diverse energy needs.
Strong In-House R&D Integra-
tion
A key differentiator is the close
coordination between R&D and
manufacturing teams. This enables
faster product refinement, im-
proved thermal management, bet-
ter system integration, and contin-
uous efficiency upgrades.
INTERACTION
Mr. Amod Anand
Director
Loom Solar
Innovation-Driven
Manufacturing
and Integrated
Energy
Leadership at
Loom Solar
21 | February 2026 | www.industrialoutlook.in
Together, these efforts reflect
Loom Solar’s long-term direction
moving from individual product
manufacturing toward a fully
integrated, technology-driven en-
ergy platform that supports India’s
transition to reliable, distributed,
and sustainable power.
Q. With the emergence of
TOPCon and HJT technologies
and plans for high-capacity fa-
cilities, how are you preparing
for next-generation solar cell
production?
The transition toward TOPCon and
HJT technologies is reshaping
global solar manufacturing, and
Loom Solar is positioning itself
ahead of this shift through targeted
capacity expansion, technology
alignment, and deeper manufactur-
ing integration.
A key step in this direction is the
upcoming 1.2 GW solar module
manufacturing facility in Uttar
Pradesh, planned specifically to
support high-efficiency module
production at scale. The facility is
being designed with future-ready
production lines capable of han-
dling the tighter tolerances and
precision requirements associated
with next-generation N-type tech-
nologies.
Technology-Aligned Infrastruc-
ture
TOPCon and HJT technologies
demand higher process consisten-
cy, precision-controlled environ-
ments, and advanced automation.
The new facility is being built with
these requirements in mind, ensur-
ing the ability to manufacture
high-output, high-reliability mod-
ules with consistent quality stan-
dards. This positions Loom Solar
to transition steadily from legacy
Mono PERC platforms to next-ge-
neration high-efficiency solutions.
Enhanced Quality Assuranc Sys-
tems
Quality assurance remains central
to the production strategy. From
cell inspection and process-level
monitoring to final module testing,
additional checkpoints are being
integrated across the manufactur-
ing line to ensure durability, per-
formance stability, and long-term
reliability. Every stage is struc-
tured to support higher efficiency
thresholds and large-scale deploy-
ment readiness.
Vertical Integration and R&D
Synergy
Alongside infrastructure expan-
sion, Loom Solar is strengthening
its technical workforce and deep-
ening coordination between manu-
facturing and its in-house R&D
teams. This ensures faster adapta-
tion to evolving cell technologies,
quicker design optimisation, and
continuous performance improve-
ments. The move also supports
gradual vertical integration, reduc-
ing dependence on external supply
chains while maintaining tighter
quality control.
Long-Term Manufacturing Rea-
diness
Through
capacity
expansion,
advanced automation, and early
adoption of TOPCon and HJT
platforms, Loom Solar is preparing
to deliver the next generation of
high-efficiency solar modules at
scale. This transition is not only
about increasing production it
reflects a long-term strategy to
align with future technology stan-
dards, support India’s domestic
manufacturing goals, and meet the
rising demand for high-perfor-
mance solar solutions.
Q. How do you position your
Battery Energy Storage Systems
(BESS),
especially
for
C&I
clients, in terms of reliability and
scalability?
Loom positions its Battery Energy
Storage Systems as a solution-driv-
en alternative to diesel-based
backup, particularly for Commer-
cial & Industrial clients where
uninterrupted power is directly
linked to operational continuity
and productivity. The focus is on
delivering reliability, intelligent
energy management, and scalable
infrastructure that supports long-
term industrial growth.
Reliability-Centric Design
For C&I environments, downtime
can lead to significant production
losses. Loom Solar’s BESS deliv-
ers near-instantaneous power with
switching times under 20 millisec-
onds, compared to diesel genera-
tors that typically require 30 sec-
onds to several minutes to activate.
Systems such as the 125 kW / 261
kWh platform use LiFePO₄ cell
chemistry, offering over 6,000
charge–discharge cycles and deep-
discharge capability for consistent
performance. These all-in-one un-
its integrate liquid or aerosol
cooling, built-in fire protection,
temperature management, and ad-
vanced Battery Management Sys-
tems for safety and stability.
IoT-enabled monitoring and cloud-
based intelligence allow real-time
performance visibility and AI-driv-
en optimisation of energy usage.
Scalability and Industrial Flexi-
bility
Loom Solar follows a modular,
building-block approach to storage
deployment. The core C&I solu-
tion starts at 125 kW / 261 kWh
and can be scaled up to 1 MWh
using plug-and-play expansion.
The company also offers custom-
ised configurations ranging from
50 kWh to 1,000 kWh to suit
diverse operational needs.
These
systems
support
both
on-grid and off-grid applications
and enable multiple value streams
beyond backup, including
INTERACTION
22 | February 2026 | www.industrialoutlook.in
peak shaving (reducing demand
charges by 20-40%), frequency
regulation, and seamless integra-
tion with solar PV systems.
By combining instant response
capability, long lifecycle perfor-
mance, and modular scalability,
Loom Solar positions BESS as a
strategic energy asset rather than a
passive backup solution.
Q. How do current Indian
renewable energy policies influ-
ence your product design and
manufacturing roadmap?
Indian renewable energy policies
play a defining role in shaping
Loom’s technology choices, prod-
uct design, and manufacturing
direction. Rather than treating reg-
ulations as compliance require-
ments, the company uses them as
strategic signals to align with the
largest growth segments govern-
ment projects, subsidised rooftop
adoption, and domestic manufac-
turing expansion.
Compliance as a Market Enabler
ALMM and BIS certifications
form the foundational framework
for market access. Loom Solar de-
signs its latest high-efficiency TO-
PCon and HJT modules, including
the 730 Wp portfolio, to meet these
standards and remain eligible for
government - backed and utility-
scale deployments.
The implementation of ALMM
List-II for solar cells from June
2026, which mandates domestical-
ly produced cells, has reinforced
the company’s push toward deeper
vertical integration through its
planned HJT-focused manufactur-
ing facility.
Alignment with National Solar
Missions
Programs such as PM-Surya Ghar
Muft Bijli Yojana are accelerating
rooftop adoption, increasing de-
mand for high-efficiency, space-
optimised modules suited for urban
installations. Similarly, the PM-
KUSUM scheme is shaping the
development of decentralised solar
solutions for the agricultural sec-
tor.
The Production Linked Incentive
(PLI) scheme is further encourag-
ing the transition from legacy
Mono PERC toward advanced
N-type technologies like TOPCon
and HJT by incentivising higher
efficiency manufacturing.
Broader Manufacturing Impli-
cations
Import duties on solar components
are strengthening the case for
domestic manufacturing across
modules, inverters, and storage
systems. At the same time, evolv-
ing grid stability requirements are
driving the integration of smart
electronics, IoT connectivity, and
AI-led optimisation within invert-
ers and BESS.
Long-Term Perspective
Collectively, these policy frame-
works are accelerating Loom’s
evolution toward advanced manu-
facturing, domestic value creation,
and next-generation technology
adoption ensuring the company
remains aligned with India’s re-
newable expansion goals and long-
term energy transition pathway.
INTERACTION
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23 | February 2026 | www.industrialoutlook.in
Q. How do you differentiate
MKTEK’s PV modules and EPC
services from other solar manu-
facturers in India and globally?
MKTEK SOLPOWER India Pri-
vate Limited differentiates itself in
the solar industry through an
integrated business model combin-
ing high-efficiency photovoltaic
module manufacturing with turn-
key EPC solutions. The company
leverages
modern
technologies
such as mono PERC and bifacial
modules to deliver competitive
energy yield performance suited to
India’s high solar irradiance condi-
tions, while maintaining cost effi-
ciency through domestic manufac-
turing. Unlike large global manu-
facturers that compete primarily
on scale and mass production,
MKTEK emphasizes customized
project execution, flexible system
design, and client-specific solu-
tions, particularly for rooftop,
commercial & industrial (C&I),
and mid-scale utility projects. Its
EPC
capability
ensures
sin-
gle-point accountability, quality
control across the value chain, and
faster project delivery, which
enhances reliability and customer
trust. Furthermore, MKTEK bene-
fits from alignment with India’s
Make-in-India ecosystem and local
supply advantages, providing qui-
cker service support and regulatory
compatibility. Overall, the compa-
ny’s competitive positioning is
based on technology adoption,
integrated delivery capability, and
customer-centric project execu-
tion, rather than scale dominance
alone.
Q. Your PV modules use
high-efficiency technologies such
as PERC; bifacial How do you
see these technologies shaping
the future of solar module
performance?
High-efficiency technologies such
as PERC and bifacial modules are
shaping the future of solar perfor-
mance by significantly increasing
energy generation and system
efficiency. PERC improves light
absorption and reduces energy
losses, while bifacial modules
generate power from both sides,
enhancing overall output without
increasing installation area. For
MKTEK SOLPOWER India Pri-
vate Limited, adopting these tech-
nologies supports higher plant
productivity, lower LCOE, and
stronger competitiveness in roof-
top, C&I, and mid-scale projects.
Overall, these innovations are
driving the industry toward more
efficient, cost-effective, and high-
performance solar solutions.
Q. Are there specific global
markets or segments (e.g., utility
scale vs industrial) you are tar-
geting in the next 3–5 years?
MKTEK SOLPOWER India Pri-
vate
Limited
will
focus
on
Commercial & Industrial (C&I)
solar projects, mid-scale utili-
ty/open-access
plants
(10-100
MW), and expansion into emerg-
ing markets in Asia, the Middle
East, and Africa. In addition, the
company can expand its solar PV
module supply business by provid-
ing high-efficiency panels to EPC
contractors, distributors, and proj-
ect developers. These segments
align with MKTEK’s strengths in
high-efficiency module manufac-
turing, integrated EPC execution,
and customized solar solutions. I
INTERACTION
Mr. Ashish Gupta
Director
MKTEK Solpower India
Pvt Ltd
MKTEK
Solpower
Advancing
Integrated Solar
Manufacturing
and EPC