MARCH 2026 Vol V Issue III
Email: info@industrialoutlook.in Visit us: www.industrialoutlook.in Pages 94 TITLE CODE MAHENG14679 200/-
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GRAHAM INDIA PRIVATE LIMITED
E-1123/24, Ganesh Glory – 11, Near BSNL Office,
S.G. Highway - 382470, Ahmedabad, India
Amit Anturkar (Country Director)
Mob.: +91 76002 96366 E-mail: AAnturkar@graham-mfg.com
Web Site: www.graham-mfg.com
GLOBAL LEADER
IN VACUUM & HEAT
TRANSFER
TECHNOLOGY
News
CONTENTS
P.14
Reliance Inks Green Ammonia Offtake
Agreement...
P.14
Sunsure Energy Secures Rs 6.06 Billion For
Solar Projects In...
P.16
Renewsys Commissions 3 Gw Solar Module
Manufacturing...
P.16
V.o. Chidambaranar Port Authority Floats
Tender For 2 Mw Green Hydrogen...
P.18
Google And Dte Join Forces For 2.7 Gw
Clean Power Data...
P.18
Flow Power And Octopus Ink Offtake
Agreement For Blind Creek Project...
P.15
Pfc Consulting Floats Tender For
Development Of Ists To Evacuate...
P.15
Climate Fund Managers Commits
$32.2 Million To Waste-To-Biogas Project...
INTERACTION BRIEF
MR. HARDIP
SINGH
CHIEF OPERATING
OFFICER
GREW SOLAR
Page 24
MR. BHAVYA
DOSHI
CHIEF STRATEGY
OFFICER
SUNBOND
Page 25
MR. ROHAN
RAMESH SHELAR
JOINT MANAGING
DIRECTOR
OSG ORIANA INDIA
PVT. LTD.
Page 23
MR.PATEL KETAN
CMD
GANESH GREEN
BHARAT LIMITED
Page 28
MR. KAUSHIK
CHITALIYA
DIRECTOR
ASOTE SOLUTIONS
PVT. LTD.
Page 20
MR. SARJAK
PAREKH
VP - SALES & BD
INSOLATION ENERGY
LIMITED
(INA SOLAR)
Page 30
MR. DARSHIL
GONDALIYA
MANAGING
DIRECTOR
RAYZON SOLAR
Page 27
MR. MILAV
PATEL
MANAGING
DIRECTOR
HELOX POWER
Page 26
Driving Efficiency & Sustainability Through
Advanced Power Transmission Systems
P.12
01
PRODUCT INFO
6-502
From concept to creation.
It is our aspiration and motivation to design proactively new products which will
be essential in the future.
For this reason, we have been developing, producing and marketing mechanical
and mechatronic locking, hinging and connection solutions for industrial enclosure
construction in a purposeful and future-oriented manner for more than 25 years.
Together, the right solution is also created for your specifi c application.
DIRAK.com sales@dirak.co.in
Selection Of Site For Establishing A New
Oil Refinery In India
P.50
03
Wires and Cables: Powering India’s
Infrastructure Growth
P.48
02
Digital India’s Backbone: Ensuring Data
Center Reliability With...
P.56
04
Hydrogen Energy Electrocoagulation In Etp
P.58
05
P.65
INTER SOLAR EXPO
P.69
Kosol
Energie
Honoured...
P.70
Sales
Stabilised
At Eur...
P.72
Rir
Power
Electronics ...
P.76
Powerhive
Launches
‘Vion’ ...
P.78
Anzen India
Energy
Yield...
P.80
Msedcl’s
Silent
Portal Change...
P.82
Socomec
Launches
Masterys Gp4...
PRESS RELEASE
GUEST ARTICLE
Why Hybrid Solar Systems Are Gaining
Popularity Worldwide Energy... P.46
01
GUEST ARTICLE
Happy Women’s Day
P.32
Cover Story
Smart Grid Systems And Wind-Solar Energy
Integration
P.36
Industry Focus - I
Smart Switchgear: A Game Changer In India’s
Electric Control Panel Market
P.38
Industry Focus - II
From Solar Assets to Intelligent Energy
Systems:
P.42
CONTENTS
Dear Folks
Stay informed. Stay inspired.
Roopal Chaurasia
Disclaimer : The content and numbers of this
edition may mismatch of differ due ot 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
As we present the March edition of Industrial Outlook Magazine, we turn our spotlight toward the evolving
landscape of smart grid systems and the seamless integration of wind and solar energy. The energy sector is undergoing
a profound transformation one that moves beyond isolated renewable assets toward interconnected, intelligent energy
ecosystems.
Our industry focus, “From Solar Assets to Intelligent Energy Systems,” captures this shift. It reflects how digitalization,
automation, and advanced analytics are redefining energy generation, distribution, and consumption. Smart grids are no
longer a concept of the future; they are becoming the backbone of resilient and efficient power infrastructure, enabling
better demand response, improved reliability, and optimized energy flows.
In this edition, we bring you insightful interviews with industry experts who share their perspectives on technological
advancements, policy frameworks, and the road ahead. Complementing these are thought-provoking guest articles that
delve deeper into innovation, challenges, and opportunities within the renewable energy domain. Our press releases
section keeps you updated on the latest developments shaping the industry.
We also take a moment to revisit some highlights from Intersolar 2026, Ahmedabad, where innovation, collaboration,
and forward-thinking solutions took center stage. These captured moments reflect the energy and optimism driving the
sector forward.
As always, we extend our sincere gratitude to our readers for your continued trust and support. Your engagement
motivates us to bring meaningful and relevant industry insights. We look forward to your continued readership as we
navigate this dynamic journey together.
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Launching Soon
12 | March 2026 | www.industrialoutlook.in
DRIVING EFFICIENCY & SUSTAINABILITY THROUGH
ADVANCED POWER TRANSMISSION SYSTEMS
In today’s industrial landscape, effi-
ciency and sustainability are no longer
optional; they're essential. Power Build,
with its decades of engineering excel-
lence, is at the forefront of this transfor-
mation. Through its advanced range of
power transmission products, the compa-
ny
is
actively
helping
industries
minimize energy consumption, extend
machine lifespans, and transition toward
greener manufacturing practices. Power
Build’s entire gearbox and geared motor
portfolio is engineered with energy
optimization at its core. Whether it's the
Series M Helical Inline Geared Motors,
known for their compact design and high
efficiency, or the Series K Helical Bevel
Geared Motors, offering torque up to
50,000 Nm with minimal energy loss,
each product is built to maximize output
while reducing unnecessary power draw.
These solutions are precision-designed
to minimize friction, vibration, and wear
three major contributors to energy ineffi-
ciency and mechanical failure.
One of the most effective ways Radicon
supports sustainability is through its gear
systems' high mechanical efficiency,
which directly contributes to lower
electricity consumption in continuous
operations. For example, the Series C
Heli-Worm and Series F Parallel Shaft
Geared Motors are designed to deliver
optimal performance even under varying
load conditions, reducing the stress on
motors and associated systems. This not
only conserves energy but also lowers
the carbon footprint of plants over time.
Moreover,
Power
Build’s
planetary
(Series PL) and worm gear (PBWR)
series contribute significantly to space-
saving, heat reduction, and mainte-
nance-free operations all of which are
key to sustainable plant design. Many of
these gearboxes are pre-filled with
high-grade lubricants and designed for
long maintenance cycles, ensuring re-
duced downtime and lower waste gener-
ation over the life of the equipment.
To complement its mechanical excel-
lence, Radicon also offers the PBL VFD
Series (Variable Frequency Drives) a
modern, electronic solution that brings
intelligent speed and torque control to
the table. These drives allow motors to
operate at optimal speeds, cutting down
on excess energy use during startup,
operation, and load variations. The result
is a finely tuned drive system that aligns
with green manufacturing goals.
Lastly, through extended equipment life
cycles, Radicon products inherently
reduce the need for frequent replace-
ments and resource consumption. Gear
units like the Series J Shaft Mounted
Reducers and Roloid Gear Pumps are
crafted with durability and long-term
efficiency in mind, further reinforcing
the company’s commitment to sustain-
able industry practices.
Power
Build
isn’t
just
powering
machines, it's enabling a future where
industrial growth and environmental re-
sponsibility go hand in hand.
Series A
Series C
Series F
Series J
Series K
Series M
Series PN
Series PBWR
Loose Gear
www.powerbuild.in
+91 9727719344
PRODUCT INFO
14 | March 2026 | www.industrialoutlook.in
Sunsure Energy has secured Rs
6.06 billion in debt funding for
multiple renewable energy projects
from Aseem Infrastructure Finance
Limited and RBL Bank. Of this, Rs
4.61 billion was provided by Aseem
Infrastructure Finance Limited to
support solar projects in Maharash-
tra and Uttar Pradesh (UP). Addi-
tionally, RBL Bank extended Rs
1.44 billion towards refinancing
Sunsure’s solar project in Augasi,
Uttar Pradesh.
The financing will support more
than 242 MWp of solar capacity,
supplying renewable power to com-
mercial and industrial consumers
under long-term power purchase
agreements (PPAs). The projects are
expected to generate around 300
million units of clean electricity
annually. This is likely to help
offset nearly 230,000 tonnes of
carbon emissions each year.
Earlier in November 2025, Sunsure
Energy inked a long-term renewable
PPA with Bisleri International Pri-
vate Limited under which Sunsure
Energy will supply solar energy to
Bisleri’s manufacturing facility in
Ghaziabad, Uttar Pradesh.
SUNSURE ENERGY SECURES RS 6.06 BILLION FOR
SOLAR PROJECTS IN MAHARASHTRA AND UP
NEWS
Reliance Industries Limited has
inked a long-term supply and
purchase agreement (SPA) with
Samsung C&T Corporation, South
Korea. The agreement covers the
supply of green ammonia for a
period of 15 years, beginning in the
second half of the financial year
2029. Valued at over $3 billion, it is
reportedly one of the largest binding
long-term green ammonia off-take
agreements globally.
Furthermore,
the
SPA
reflects
India’s growing role as an exporter
of green fuels supported by a
domestic, end-to-end value chain,
including local manufacturing of
key clean energy equipment. It is
aligned with the objectives of
India’s National Green Hydrogen
Mission.
Earlier in August 2025, Reliance
Infrastructure Limited secured a
letter of award from NHPC for the
development of an interstate trans-
mission system connected solar
power project integrated with a
battery energy storage system.
RELIANCE INKS GREEN AMMONIA OFFTAKE
AGREEMENT WITH SAMSUNG
CLIMATE FUND MANAGERS COMMITS $32.2 MILLION TO
WASTE-TO-BIOGAS PROJECT IN UTTAR PRADESH
NEWS
Climate
Fund
Managers
has
committed $32.2 million from its
EU-supported Climate Investor Two
Construction Equity Fund to a
commercial-scale
waste-to-biogas
facility, Akaia Green Fuels. The
facility is located in Uttar Pradesh.
The investment will support efforts
to curb air pollution and greenhouse
gas
emissions
by
converting
agricultural waste into compressed
biogas.
The project will process about
94,000 tonnes of agricultural and
organic waste annually, including
paddy straw, press mud from sugar
mills, and cow dung. This will
produce
nearly
20
tpd
of
compressed biogas and around 123
tpd of fermented organic manure.
Additionally, the facility is expect-
ed to prevent over 100,000 tonnes
of carbon equivalent emissions
annually and to improve air quality
for an estimated 700,000 people
across 640 villages by reducing
open-field residue burning once it is
operational.
Furthermore, the biogas produced
will be supplied directly to the city
gas distribution network under
long-term offtake agreements with
GAIL India and Hindustan Petro-
leum Corporation Limited. More-
over, GPS Renewables will develop
the facility under a fixed-price
engineering
procurement
and
construction contract along with a
multi-year operations and mainte-
nance
agreement.
Additionally,
independent technical supervision
will be provided by European
advisors Fichtner and TÜV in order
to ensure compliance with interna-
tional engineering, environmental,
and safety standards.
PFC CONSULTING FLOATS TENDER FOR DEVELOPMENT OF
ISTS TO EVACUATE 14 GW RENEWABLE POWER FROM GUJARAT
PFC Consulting has floated a
tender to develop an interstate
transmission system (ISTS) for
evacuating renewable power in
Gujarat. The system will facilitate
the evacuation of 14 GW of renew-
able power from Lakadia (Phase-II:
7.5
GW),
Jam
Khambhaliya
(Phase-II: 5.5 GW), and Jamnagar
(Phase-I, Part C: 1 GW).
According to the tender guidelines,
the scope of work includes the
development, operation, and main-
tenance of the project on a build,
own, operate, and transfer basis. It
also involves carrying out all
project-related activities from the
initial survey stage. These include
preparing
the
detailed
project
report,
arranging
finance,
and
managing the project. The work
further covers design, engineering,
construction, and commissioning of
the transmission system. Under the
scope, the successful bidder will
also establish 765/400 kV, 2×1500
MVA, and 400/220 kV, 3×500
MVA, Alephata substation; and the
Alephata–Lonikand-I 400 kV D/C
line.
Furthermore,
the
bidders
are
required to furnish a security depos-
it of Rs 220 million. The successful
bidder is also required to submit a
performance contract guarantee of
Rs 550 million within 10 days of the
issuance of the letter of intent.
Additionally,
the
transmission
system is required to be completed
within 36 months of the contract
award. The bid submission deadline
is May 15, 2026. I
15 | March 2026 | www.industrialoutlook.in
16 | March 2026 | www.industrialoutlook.in
V.O. Chidambaranar Port Authori-
ty has floated a tender for the devel-
opment of a 2 MW green hydrogen
electrolyser and a refueling station.
The project also includes providing
seven years of comprehensive oper-
ation and maintenance services.
According to the tender guidelines,
the project involves setting up a 2
MW green hydrogen electrolyser
with a minimum capacity of 600 kg
per day, along with all required
accessories. It also includes the de-
velopment of a refuelling station
equipped with a 3.6 kg per minute
dispenser. In addition, the scope
covers associated civil works.
The bidders are required to submit
an earnest money deposit of Rs 13.6
million. The successful bidder is
required to submit a performance
bank guarantee equal to 5 per cent
of the contract price. Moreover, the
estimated cost of the project is Rs
678.5 million. Furthermore, the bid
submission deadline is April 9,
2026.
Earlier in November 2025, V.O.
Chidambaranar Port Authority, Tu-
ticorin, inked an MoU with CGS
Energy for the development of a
300 tonne per day green ammonia
production plant.
V.O. CHIDAMBARANAR PORT AUTHORITY FLOATS TENDER FOR 2 MW
GREEN HYDROGEN PROJECT WITH REFUELING STATION
NEWS
Renewsys India Private Limited
has commissioned a 3 GW artificial
intelligence-enabled, fully automat-
ed solar module manufacturing
facility at IndoSpace Industrial Park
in Khopoli, Maharashtra. The plant
will manufacture TOPCon G12R
modules.
It
features
advanced
production technologies and digital
monitoring systems to enhance pre-
cision, efficiency, and product con-
sistency.
The facility spans over 700,000 sq.
ft. With the commissioning of the
new plant, the company has fur-
thered its production capabilities,
and as a result, RenewSys’s total
solar module manufacturing capaci-
ty has increased to 5.6 GW.
Earlier in February 2026, RenewSys
India inked an agreement with
ENGIE for the supply of 125 MWp
of TOPCon solar photovoltaic mod-
ules.
RENEWSYS COMMISSIONS 3 GW SOLAR MODULE
MANUFACTURING FACILITY IN MAHARASHTRA
18 | March 2026 | www.industrialoutlook.in
FLOW POWER AND OCTOPUS INK OFFTAKE AGREEMENT
FOR BLIND CREEK PROJECT IN AUSTRALIA
Flow Power, majority owned by
OPTrust, has entered into a founda-
tional offtake agreement with Octo-
pus Australia for the Blind Creek
solar farm and battery energy
storage system (BESS) project in
Australia. The project is located in
Bungendore, New South Wales, and
comprises 300 MW of solar capaci-
ty with a BESS of 243 MW/486
MWh.
The project is being developed in
collaboration with local landholders
under an agri-solar framework,
allowing continued agricultural use
such as sheep grazing. Additionally,
it is expected to generate up to 300
MW of electricity, sufficient to
power over 120,000 households.
Moreover, Octopus Australia is
working with GRS as the engineer-
ing, procurement and construction
contractor and Wärtsilä Energy
Storage as the battery system
supplier for the project.
In
March
2026,
Flow
Power
acquired
the
Dunedoo
energy
project, a state significant develop-
ment with an approved development
application. The project is situated
approximately 2 km north of Dune-
doo in the Warrumbungle Shire,
New South Wales, and comprises a
55 MW solar farm with a 60 MW
BESS. Previously owned by ib vogt
GmbH, Flow Power will develop,
build, own, and operate the project,
with construction scheduled to
commence in 2026.
GOOGLE AND DTE JOIN FORCES FOR
2.7 GW CLEAN POWER DATA CENTRE IN MICHIGAN
NEWS
Google has partnered with DTE
Energy to develop a new data centre
in
Michigan,
supported
by
a
commitment to enable 2.7 GW of
new clean energy resources for the
local grid. The project is structured
to supply round-the-clock clean
power directly to the grid, with a
site in Van Buren township current-
ly under evaluation. The data
centre’s electricity demand will be
met through solar power, advanced
energy storage technologies, and
demand flexibility measures.
The clean energy supply will be
facilitated through a clean capacity
acceleration agreement with DTE
Energy, aligned with structures
similar to the Clean Transition Tar-
iff. Additionally, Google will bear
the full cost of its electricity
consumption and infrastructure re-
quirements, ensuring that its opera-
tions do not increase costs for local
consumers while contributing to
long-term grid resilience. Further-
more, the agreement includes the
introduction of an Energy Impact
Fund valued at $10 million, aimed
at supporting energy affordability
initiatives across Michigan.
In February 2026, TotalEnergies
entered into two long-term power
purchase agreements to supply
1,000 MW of solar capacity to
Google for its data centres in Texas
over a 15-year period. The agree-
ments cover renewable electricity
generation of approximately 28
TWh during the contract term.
Power will be sourced from two
solar projects, namely the 805 MWp
Wichita project and the 195 MWp
Mustang Creek project. I
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ʸˋ˂ˇʻʸ˅ˀʼʶˊʸʿʷʼˁʺ
ʸˋ˂ˇʻʸ˅ˀʼʶˊʸʿʷʼˁʺ
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
Q. With plans to scale from
~600 MW to ~2.2 GW of module
capacity, what operational and
supply-chain strategies are criti-
cal to achieving this growth sus-
tainably?
Scaling from 600 MW to 2.2 GW is
a major responsibility. For us, it is
not just a capacity expansion it is a
commitment to grow without com-
promising quality, reliability, and
process discipline.
We are executing this expansion in
a phased manner, strengthening
automation, production planning,
and multi-layer quality control
systems. At the same time, we are
diversifying our sourcing strategy
and building long-term supplier
partnerships to reduce dependency
risks.
Sustainable scaling requires opera-
tional
discipline,
supply-chain
stability, and a skilled workforce.
We are investing equally in all
three to ensure long-term consis-
tency.
Q. How do you see India’s solar
manufacturing landscape
re-
sponding to global dynamics
(e.g., export tariffs, supply-chain
diversification) while continuing
to compete internationally?
The global solar market is under-
going structural shifts due to tar-
iffs, geopolitical changes, and
supply-chain diversification. This
creates both challenges and oppor-
tunities for India.
Indian manufacturers must com-
pete on performance, reliability,
and technological advancement not
just on cost. International custom-
ers today expect bankable prod-
ucts, global certifications, and con-
sistent delivery standards.
If we maintain strong quality
benchmarks and manufacturing
discipline, India can position itself
as a dependable and long-term
alternative in the global supply
chain.
Q. What role do advanced PV
technologies
(e.g.,
TOPCon,
N-Type modules) play in ASOT
Solar’s product differentiation
strategy for industrial and utility
customers?
Advanced technologies such as
TOPCon and N-Type modules are
becoming essential, especially for
industrial and utility-scale projects
where efficiency and long-term
performance directly impact re-
turns.
For ASOT Solar, adopting these
technologies
is
part
of
our
long-term roadmap. Higher effi-
ciency, better temperature coeffi-
cients, and improved degradation
performance translate into stronger
project ROI.
We do not see technology adoption
as a short-term trend it is a strate-
gic step to remain competitive in
an evolving energy landscape.
Q. How is the company invest-
ing in R&D to improve module
performance,
reliability,
and
integration with energy storage
and smart energy systems?
Our R&D focus is centered on
enhancing module durability, effi-
ciency, and performance consisten-
cy under real operating conditions,
particularly India’s high-tempera-
ture and high-irradiation environ-
ments.
We continuously work on process
optimization, material selection,
and reliability testing to strengthen
INTERACTION
Mr. Kaushik Chitaliya
Director
ASOTE Solutions Pvt. Ltd.
Driving
Sustainable
Growth in
India’s Solar
Manufacturing
Landscape
20 | March 2026 | www.industrialoutlook.in
product
performance
over
its
lifecycle.
As the energy ecosystem shifts
toward hybrid systems, we are
aligning our products to ensure
compatibility with storage integra-
tion and smart monitoring plat-
forms. The future of energy is
integrated and intelligent, and we
are preparing accordingly.
Q. With India strengthening
domestic manufacturing policies
and incentives (e.g., Production
Linked Incentive schemes), how
are these shaping investment and
capacity decisions?
India’s
strengthened
domestic
manufacturing policies, particular-
ly the PLI scheme, have signifi-
cantly improved investment visi-
bility for solar manufacturers.
Policy stability allows us to plan
capacity expansion and technology
upgrades with greater confidence.
These initiatives support capital
deployment into automation, ad-
vanced module technologies, and
manufacturing scale-up. However,
we
believe
incentives
should
complement not replace operation-
al competitiveness.
At ASOT Solar, our investment
decisions are guided by long-term
demand outlook, cost efficiency,
and technology readiness. Policies
act as an accelerator, but sustain-
able growth ultimately depends on
execution discipline and market
trust.
INTERACTION
4th Edition
DEC 2026
Auto Cluster Exhibition Center, Pimpri
Chinchwad, Pune
22 | March 2026 | www.industrialoutlook.in
23 | March 2026 | www.industrialoutlook.in
Mr. Rohan Ramesh Shelar
Joint Managing Director
OSG ORIANA INDIA PVT. LTD.
Carbon Neutrality
The kind of leadership we have in India under honorable Prime Minister
Modi ji India is on the way of the target to 300 GW renewable energy and if
you see the to push it forward right now may be 10 years back we were
lagging in terms of the capacities in India but today we see the module
capacity equals to 160 GW a lot of inverter brand coming into the picture in
green hydrogen we are also moving ahead I do believe whatever commit-
ments and opportunity we have taken for the carbon neutrality we will defi-
nitely try and achieve it before the deadline.
Structural Problem
The dependency of India on all the solar components maybe it was earlier
modules, wafers, and right now PV cells is undoubtedly is real. The other
countries especially our neighbour they have pioneered this industry for long
time evolve their skills and they addressed the loopholes in the market. But if
you see right now the scenario of India I believe around 16 GW of cell manu-
facturing is already in place people are putting their efforts and with the
schemes like PLI a lot of big giants in India coming across to put up multiple
plants. I firmly believe in next couple of years India will be in scenario of
close to 40 to 50 GW. Will be able to achieve that mark.
Prices of PV cells
Increasing of any sort of pricing is always difficult for everyone but we
firmly believe that we want to give a chance or we should collectively act as
to wok on the mission of Make in India there will be challenges for each and
every element not only us we are in majorly into distribution but the clients
also need to bear certain cost as and when we will start growing with the
skills this dependency on China will reduce and I firmly believe that manu-
facturers across India they will be able to reduce the entire supply chain cost
and I am hundred percent optimistic about this thing.
Reduction of Basic Custom Duty on Sodium Antimonate
Right now as I mentioned India is talking about 160 GW of module capacity
and we need lot of glass supply for that. This gap of 7.5 will definitely reduce
the pricing and make ourself competitive not only in India but also in global
world it is a welcoming move from the government and I believe current gov-
ernment is taking lot of steps to make sure that carbon neutrality goal we
should be reaching even faster than the given target. I
INTERACTION BRIEF
Vision to achieve
Carbon Neutrality
Mr. Hardip Singh
Chief Operating Officer
GREW SOLAR
Quality with Reliability
This is very simple Quality is something which is a way of life once you have
a intent towards quality its become easy. Quality is in our DNA and we have
absolute zero tolerance towards quality control so in our plant also when you
visit you see this thing. Quality comes from few factors One is manpower so
one must have quality manpower second is quality infrastructure, quality
machinery, quality raw material and lastly quality process. All these needs to
be in sync than only you can get quality end product.
PV Cells Problem
This is going to end very soon as you know from 1st of June 2026 ALCM is
going to come in so once that come in 100 percent modules over here will
have to be made with Indians cells so your dependency on China will move
away from cells to wafers which is the raw materials needed for cells.
Net - Zero
We have already good initiatives which Indian government has taken toward
this direction. Putting the complete focus and having targeted focus on
renewable energy their plan to have more than 50 percent power generated
with renewable sources from 2030 onwards. There should be consistency in
policies of the government and there should not be any flip flop. We are on
the right track and we will soon achieve this goal.
Vision
2026 is going to be exciting year we have just ramped up our module manu-
facturing from 3 GW to 6 and a half GW then we are going to ramped with
further to 11 GW by the end of this year. Next month we have our first phase
of our cell line getting operational solar cell line so that is a 3 GW and then it
is going to followed with a 5GW. So by the end of this year we will become
8 GW of cell line also.
Atmanirbhar Bharat in Renewable Sector
So first steps have already been taken you know all this ALMM and ALCM
these are towards this direction only. So, one is to go complete backward
right up to Polysilicon which the government has the vision and has the plan
right up to polysilicon to develop it locally. Untill that happens you are not
going to be “Self Sufficient” because you will be dependent on China for
wafers once wafers is there you will be dependent on polysilicon this the
module then on the ancillary side the glass, the frame, the junction box so all
these need to evolve already as I said there is a lot of work happen on these
things we see lot of manufacturing facilities which has come up on these
products and we still a long way to achieve “ Self Reliance” for self reliance
we need two things quality and scale while production of these things started
whether it is glass or frame but we have to give immense focus on “quality”
and “scale”.
INTERACTION BRIEF
Quality is in our DNA
24 | March 2026 | www.industrialoutlook.in
Mr. Darsh Bhoraniya
Chief Procurement Officer
SUNBOND ENERGY PVT. LTD.
Mr. Bhavya Doshi
Chief Strategy Officer
SUNBOND ENERGY PVT. LTD.
Growth
Since last 5 years we see a huge potential in solar and we have a vision for
India in last one year we have officially set up a new unit and started the
production of our newest Topcon technology and right now we are at a scale
and we want to go for a big mile.
New Innovation and Expansion
On our new expansion we are fully automized line with all of the automation
and AI integrated quality check points. In our older units we have done the
expansion twice and now we had done our third expansion we are going with
the glass-to-glass modules and over there we are producing M10R, G12R and
G12.
New Products
We are showcasing products like Topcon technologies like M10R, G12R and
G12 modules.
Perspective on Indian Growth in Solar Industry
Look around yourself we are here at solar energy and the passion and the
vision that is now finally co related with India. Upcoming 4 to 5 years I see a
big huge scale it will be on railways, public places. Government is now
taking steps fast and we are growing at scale which we need. The peak of
India in Solar Industry is coming and SUNBOND will be one of the part of
it.
INTERACTION BRIEF
Mixing Passion with Vision
25 | March 2026 | www.industrialoutlook.in
6TH MAY 2026
HOTEL MAURYA, PATNA, BIHAR
BIHAR RENEWABLE ENERGY LEAP: 24 GW BY 2030
14th Edition
Mr. Milav Patel
Managing Director
HELOX POWER
ON Grid and Hybrid Inverter
Helox is majorly a Gujrat based company we majorly deals with On Grid
inverters and soon we are going to launch anad manufacture our Hybrid
inverters. In hybrid inverters we are going to deal in between 3 KW to 6 KW
with the support of Lithium Ion batteries. You will get one benefit with
hybrid inverter that you cannot store power with On Grid Inverter but you can
store power with hybrid inverter.
Lithium Ion Dependency
Yes, we are dependent on China on Lithium but slowly and gradually with the
help of government initiatives and policies we can overcome this problem
and soon the huge investments from big players of industry are coming and
soon the manufacturing plants will be established and we will soon reduce
our dependency on China.
How our inverters are Innovative
Since, 2020 we are in the distribution segment of Inverters and we know
about all the components of Inverter and we have done servicing, repairing,
maintenance and know about the quality in depth which is good and bad so
we always go for the best and I am 100 percent confident about my inverters.
Roadmap
Our roadmap is to expand in other parts of India especially in North East we
don’t want to limit ourselves in only Gujrat but also in entire India.
INTERACTION BRIEF
Bringing Innovations
in Inverters
26 | March 2026 | www.industrialoutlook.in
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