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Home » Finance » Jakson power to increase solar power generation capacity to 80-100 MW with investment of Rs 7.5 billion

Jakson power to increase solar power generation capacity to 80-100 MW with investment of Rs 7.5 billion

According to reports, as part of its strategy to double revenues, the company will increase its market share in diesel-based power generation in India. The company plans to manufacture 12,500 generating sets by the year 2016 compared with 8,000 units now.

The company has now started manufacturing generating sets at its Kalsar plant in Gujarat apart from Daman and Jammu units.

This plant will be India’s largest integrated DG Set manufacturing facility and it will also focus on manufacturing of special application generating sets like defense.

The company currently manufactures Acoustic Enclosures at the facility for Cummins India Ltd, besides using them for its captive consumption.

Jakson currently has state-of-the-art modern automated manufacturing facilities at three locations where it manufactures silent diesel generators and gas generators. The Greater Noida plant focuses on manufacture of Solar & Power Distribution Products.

The range of diesel generators spans from 7.5 KVA to 3000 KVA. The plants at Kalsar and Daman would be manufacturing generating sets upto 250 KVA capacity and higher capacity would be produced at Jammu plants.

Going forward with its overall business strategy, the company has also recently invested in Solar Power Plant and has commissioned its own 20 MW IPP in Bap, near Jodhpur in Rajasthan with the investment of around Rs. 200 crore.

The company has signed 25 years power purchase agreement (PPA) with NVVN (NTPC Vidyut Vyapar Nigam Limited) for this project.

The company is planning to increase the overall generation capacity from 80 MW to 100MW within next three to four years with an investment of Rs. 750 crore.

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