Su-Kam Power Systems

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Su-Kam Power Systems Ltd.

Su-Kam Power Systems Ltd. is an Indian power provider.[3] The company offers power backup solutions for both domestic and industrial markets, with a focus on environmentally friendly energy sources such as solar power.[4]

History

Kunwer Sachdev founded the company as a startup in 1988. In the power backup market, the company set a record for the highest export sales by an Indian company.[5] Su-Kam introduced DSP sinewave inverters and plastic-body inverters in India, holding the distinction of filing the largest number of patents in the power backup industry, averaging two patents every month.[6]

The company launched plastic body inverters, recognized by

MPPT solar charge controller and smartphone monitoring through built-in Wi-Fi.[8]

Su-Kam introduced solar street lights with an in-built lithium-ion battery, which was more efficient than traditional lead acid based solar street lights.[9]

In April 2023, Su-Kam Power signed an MoU with the Himachal Pradesh Govt. to invest Rs 300 crore to set-up an energy storage facility in Himachal Pradesh and is also considering entering the two-wheeler and commercial EV market.[10]

Corporate management and revenues

The current directors of Su-kam Power Systems Ltd are Mr.Vishnu Prakash Goyal, Mr.Ashok Kumar Gupta, Mr.Navraj Mittal and Mr. Yajan Bansal and the other board members are Mr Rajnish Bansal, Mr Sanchit Sekhwal and Mr Anish Gupta.[11]

Su-Kam had also planned to enter into consumer financing to target lower-income groups.[12] It was going to set up a Non-Banking Finance Company (NBFC).[13]

Innovations and patents

Su-Kam has filed 189 copyrights, 136 trademarks, 88 design patents, and more than 76 technical patents in the USA, India, and other nations. Presently, the company intends to have 100 technical patents, with almost two submitted each month.[14]

Su-Kam's focus on solar products

Su-Kam is now shifting its focus from conventional UPS, inverters, and batteries to solar products.[15] As per a report published by Bridge to India in 2014, Su-kam, with a 20.6% market share and pan-India presence, is the most significant player in the residential solar market. According to the report, Su-Kam is also the most critical domestic inverter supplier, with a 32% market share in the off-grid and hybrid inverters segments.[16][17]

Su-Kam provides customised solar power for educational institutions, petrol pumps, hospitals, industries, defence barracks, and government buildings. It has undertaken solar projects for the Tamil Nadu Energy Development Agency, Assam State Electricity Board, Madhya Pradesh Forest Department, Loyola College of Chennai, Ashok Leyland, and Assam Rifles.[18]

Solar installations done by Su-Kam

Su-Kam Power Systems has installed solar power systems across 10,000 houses in seven districts under the Tamil Nadu Chief Minister's Solar Powered Green House Scheme.[19]

The company has installed 1 MW solar power plant at Punjab Engineering College in Chandigarh.[20]

In May 2014, Su-Kam won a contract from the Uttar Pradesh New and Renewable Energy Development Agency to install and commission solar power systems in 40,000 rural households in Uttar Pradesh.[21]

It also installed a 250 kwp mini off-grid solar system to electrify Fakirpur and Chandigarh villages in Kannauj. The inauguration of solar plant was done by Dr.

APJ Abdul Kalam and Chief Minister of Uttar Pradesh Akhilesh Yadav.[22]

Su-Kam installed a 50 kW solar grid-tie system at Delhi Jal Board's office in Delhi.[23]

Su-Kam installed a 40 kWp solar power system at Allied Engineering Works which is said to generate 56,000 units of electricity.[24]

Foreign operations and exports

Su-Kam's exports are growing. Su-Kam's total exports contribute around 12-15% of the revenue of its entire business, and most of it comes from Africa.[25] Su-Kam has also been awarded with the title 'Africa's Most Reliable Inverter Brand'.[26][27]

Su-Kam has won a solar project to power 35 schools in Rwanda.[28] It has also set up a product experience in Uganda. According to media statements, Su-Kam has solar projects in Nigeria, Gabon, Afghanistan and Malawi.[29]

Su-Kam has installed 2,000 solar street lights in Kango, Mouila and Bitam villages of Gabon. The company has also installed hybrid power systems that make use of wind and solar energy in five remote villages in Malawi - Chigundu, Mdayaka, Eluyumi, Kumbande and Kadzuwa.[30][31]

CSR initiatives

Su-Kam has adopted the village of Baniyani in Rohtak district of Haryana which is the native village of Manohar Lal Khattar, the current Chief Minister of Haryana. The company is going to develop it under a public-private partnership model. The MD of Su-Kam said in an interview to a newspaper that Su-Kam would provide facilities at the government school and streetlights in the village.[32]

After the earthquake in Nepal in April 2015, Su-Kam distributed food and 800 solar home lighting systems to the victims.[33][34]

Coverage in books and TV media

Discovery Channel India aired a documentary called 'Sun Fuel India' which shows how Su-Kam's solar installations are helping Indian villages and cities go solar.[35][36][37]

Awards

Su-Kam won the following awards:

  • National Quality Excellence Award 2014 for being the ‘Most Innovative Company’ in the Power Back up industry in India[38]
  • Innovative 100 Award 2013 by Inc. India magazine for bringing about technological innovations in its products[39]
  • Asia's Most Promising Brandin 2012-13 by World Consulting and Research Corporation (WCRC)[40]
  • Su-Kam's solar power conditioning unit won the India Semiconductor Association's excellence award in the energy category[41]
  • Award for 'Brand Excellence in Business Innovation' by Asian Leadership Awards[42]
  • Su-Kam has been awarded 'Best Rural Solar Electrification Company of the Year' during Indian Rooftop Solar Summit 2016[43]
  • Su-Kam won ‘Best Innovation Brand’ award at National Brand Summit & Excellence Awards organized by ASSOCHAM[44]
  • Su-Kam won two awards, Best Solar EPC Company and Best Innovative Solar Product (for making world's first touchscreen solar PCU, Brainy Touch), at a solar expo organized by Intersolar in Mumbai[45]

References

  1. ^ https://www.sukampower.com/corporate-story.aspx [dead link]
  2. ^ "Now, BSF posts at Indo-Pak border powered by solar energy". Economic Times.
  3. ^ "Superbrands India magazine coverage" (PDF). Retrieved 16 November 2012.
  4. ^ Kumar, N. Ravi (27 January 2015). "Inverter maker Su-Kam mulls consumer finance foray". The Hindu.
  5. ^ Sujata Sangwan (10 August 2016). "Su-Kam - Aims to Take Green Solar Energy to Each and Every Home in India". Businessworld.
  6. ^ Rawat, Virendra Singh (30 January 2014). "Su-Kam ties up with Dhampur Sugar to sell solar power products". Business Standard India. Business Standard.
  7. ^ "Spirit of India: Ignited Minds". India Today. 26 April 2010.
  8. Business World
    . 23 January 2016.
  9. ^ "Su-Kam's solar street light is sans grid link". The Hindu. 26 April 2016.
  10. ^ "CBI books Su-Kam Power Systems for ₹260.89-cr. bank fraud". The Hindu. 25 January 2021.
  11. ^ "Su-Kam Power Systems to establish a Sustainable Energy Storage Park with HP Government". India Times.
  12. ^ Tejeesh N. S. Behl (28 October 2009). "Power-backed Su-Kam gains in strength". Livemint.com. Retrieved 16 November 2012.
  13. ^ "Su-Kam to set up NBFC to create market for sub-Rs 7,000 price inverters". Business Standard India. Business Standard. 22 January 2015.
  14. ^ "Su-kam is building solar hybrid inverters". PV Magazine.
  15. Forbes (India). 11 December 2014. Archived from the original
    on 15 December 2014.
  16. Electronics for You
    . 28 November 2014.
  17. ^ "Solar Rooftop Map 2014" (PDF). Bridge to India. 31 October 2014.
  18. Hindu Business Line
    . 6 August 2013.
  19. ^ "Su-Kam installs solar power system in TN houses". The Hindu. 2 May 2014.
  20. ^ "Su-Kam to set up 1 MW solar plant for Punjab Engineering College". Energy Next. 24 January 2014.
  21. ^ "Su-Kam wins solar power project for 40,000 UP rural homes". The Economic Times. 3 April 2014.
  22. ^ "Kalam opens solar power plant". Times of India. 8 July 2015.
  23. ^ "Su-Kam to install solar inverters for Delhi Jal Board". Business Standard India. Business Standard. 12 March 2015.
  24. ^ "Su-Kam opens new battery plant at Baddi". Business Standard.
  25. ^ "Kunwer Sachdeva, Found and MD, Su-Kam". India Infoline. 3 January 2015.
  26. ^ "Su-Kam Adjudged Africa's Most Reliable Inverter Brand". Business Day. 4 September 2013.
  27. ^ "Alliance between Su-Kam Power Systems and Trojan Battery Company". Energetica.
  28. ^ "Su-Kam Power Solutions bags contract for solar plant in Rwanda". Economic Times. 12 August 2013.
  29. ^ "Su-Kam to offer solar installations to Tata Power consumers". Economic Times. 6 August 2013.
  30. ^ "Su-Kam's impact on lighting up Africa". African Review. 4 April 2016.
  31. ^ "Carlyle, Aion, Schneider in race to acquire Su-Kam". August 2018.
  32. ^ "Power appliances company to develop CM's native village". Tribune India. 10 April 2015.
  33. ^ "Nepal Earthquake: Su-Kam Pulling Out All Stops To Aid The Rescue Mission". EFY Times. 1 May 2015.
  34. ^ "Nepal Earthquake: Su-Kam Pulling Out All Stops To Aid The Rescue Mission". Eletimes. 1 May 2015.
  35. ^ "Sun Fuel: Powering India". YouTube. 6 November 2015.
  36. ^ "These entrepreneurs didn't need an MBA". Daily News and Analysis. 13 June 2010.
  37. ISBN 9788172237745
    .
  38. ^ "Su-Kam Bags the National Quality Excellence". Energetica India. 7 March 2014.
  39. ^ "Su-Kam Bags Innovative 100 Awards 2013". Energy Next. 8 January 2014.
  40. ^ "Su-Kam Receives Asia's Most Promising Brand Award". IT Voice. 11 October 2011.
  41. Times of India
    . 19 March 2011.
  42. ^ "Asian Leadership Awards". Asian Leadership Awards.
  43. ^ "Announcing Winners of Indian Rooftop Solar Leadership Awards at IRSS 2016". Solar Quarter.
  44. ^ "Su-Kam bags ASSOCHAM National Brand Summit & Excellence Awards 2016". The Hans India. 22 April 2016.
  45. ^ "Su-Kam showcase wide range of Innovative Solar products at the 25th edition of 'Intersolar Expo 2016'". Electronics Maker. 20 October 2016.

External links

  1. ^ "Su-kam founder, Kunwer Sachdev starts new firm, "Su-vastika"". The Guardian. 12 September 2022. Archived from the original on 16 September 2022. Retrieved 7 April 2023.
  2. ^ Kamta Tripathi (8 January 2023). "पावर बैकअप से सचदेव लाए टैक्नॉलॉजी की दुनिया में क्रांति, भावी इंजीनियरों को दिए टिप्स". Rajasthan Patrika (in Hindi). Archived from the original on 27 February 2023.
  3. Jansatta (in Hindi). Archived
    from the original on 27 February 2023.
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