Su-Kam in Solar Energy Business

Su-Kam, a Delhi-based company, is engaged in the business of power inverters, UPS and batteries.

It is on an expansion mode looking at entering new areas like power protection systems. This apart, Su-Kam is also looking at other futuristic areas like Solar Photovoltaic Systems, Wind Energy Systems and Hybrid Systems.

The company has already made a subsidiary unit, Su-Kam Solar Energy Systems Ltd -- and plans to seek approval from its investors Reliance Group and Temasek Holdings for making it operational.
Anil Ambani-led Reliance Group and Temasek Holdings, the investment arm of the Singapore government, have a 19.18 per cent stake in the company.

The company has a strong national presence and is now also expanding internationally. The company has a presence in over 70 countries and has bagged solar power projects in African countries such as Nigeria, Malawi and Gabon.

Su-Kam has plans also to acquire firms and expand its solar power business.

The UPS and inverter manufacturer has planned a capital expenditure of Rs 35 crore during the current fiscal year.

Su-Kam recently bagged a contract for installing solar projects at 35 schools in Rwanda, for which it will also provide onsite training on operations and maintenance. More..