Jakson Group Eyes Rs. 600 crore revenue in FY 2017 from Solar Projects
o Forays into Solar Defence applications, targets revenues of Rs. 600 crore o Plans to expand mobile genset business overseas o On track to scale up Solar IPP to 100 MW
Jakson is already getting strong response for its stand alone solar mobile & containerised gensets. Jakson recently introduced India's first environment friendly Solar Gensets as part of its plan to launch innovative solar products.
Apart from this, the company plans to enter into Indian Defence Sector with a vision to become an integral part of Indigenization drive started by Ministry of Defence. Jakson will offer its innovative solar product line in the defence sector for their power needs at remote locations.
Mr. Sundeep Gupta, Joint Managing Director, Jakson Group, "We are very optimistic about the future of our solar business vertical and we are moving steadily to achieve our desired target. We at Jakson Group believe in technological innovations which are future ready, efficient and environment friendly. We are hoping to cross our revenue targets by 2017 through our Solar Business Channel."
The company has commissioned its first 20 MW solar power plant at BAP, Jodhpur District, Rajasthan in February, 2013 with an investment of Rs 200 crore. The company plans to further expand the capacity from 20 MW to 100 MW with an investment of additional Rs. 600 crore by 2017. The company is currently implementing 10 MW solar project in Bundelkhand region, Uttar Pradesh, with an investment of Rs. 80 crore.
Jakson has state-of-the-
About Jakson Group
Established in 1945, Jakson is one of the leading Power Solutions Group in India today. With 4 companies in its fold, the group has a strong presence in various sectors. The group has more than 1800 employees and its current revenues exceed Rs. 1350 crores per annum with a sales and service network spread across India, Nepal, Bangladesh and Singapore.
The group manages diverse business interests in the areas of Power Generation, Power Distribution, Solar Power, Electrical Contracting, EPC business and now even Hospitality delivering comprehensive services at the market place.