Su-Kam Power Systems Ltd.
TypePrivate
IndustryEnergy
Founded1988 (1988)[1]
HeadquartersPlot No. 54, Udyog Vihar, Phase VI, Sector-37,
Gurgaon, Haryana
,
India[2]
Area served
Worldwide
Key people
Mr.Vishnu Prakash Goyal
Mr.Ashok Kumar Gupta
Mr.Navraj Mittal
Mr. Yajan Bansal
ProductsInverters, batteries, UPS, solar power, batteries

Su-Kam Power Systems Ltd. is an Indian power provider which sells its products in more than 90 countries.[3] The company provides power back-up for both domestic as well as industrial markets, and focuses on eco-friendly energy like solar power. Some of the major products include solar charge controller,[4] solar power conditioning units, solar grid-tie inverters,[5] solar off-grid power systems, home inverters, home UPS, Online UPS, line interactive UPS, batteries, battery chargers and battery equalizers.[3][6]

It sells through its network of 1,200 distributors and 25,000 dealers.[7][8] Su-Kam Power Systems is an Indian solar power company. [9] [10][11]

History

Su-Kam Power Systems Ltd. was founder by Kumar Sachdev and started in 1988 as a start-up,[12][13][14][15][16][17] and today, the company has reached a junction where It can say that it has succeeded in building a brand to reckon with.[18][19] With presence in more than 90 countries it hold the record of highest export sales by any Indian Company In power backup industry.[20] Su-Kam was the first Indian company to introduce DSP sinewave inverters and plastic-body inverters in India.[21] Su-Kam is also said to have filed largest number of patents in the power back-up industry - an average of two patents every month.[22]

Su-Kam was the first company in the world to launch plastic body inverters. India Today included Su-Kam's plastic body inverters in the list of top 10 innovations of the decade in 2010. The design uses advanced plastics which can withstand high temperatures.[23]

Su-Kam launched India's first touchscreen Solar PCU which had a MPPT solar charge controller and could be monitored through smartphones through its in-built wifi.[24]

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.[25]


In April 2023, Su-Kam Power signed an MoU with Himachal Pradesh Govt. to invest Rs 300 crore to set-up Energy Storage Park in Himachal Pradesh and is also considering entering the two-wheeler and commercial EV market.[26][27] [28]

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. [29][30][31][32][33][34]

Su-Kam had also planned to enter into consumer financing to target lower income groups.[7][35][36] It was going to set up a Non-Banking Finance Company (NBFC).[37][38]

Innovations and patents

Su-Kam has filed over 76 Technology Patents, 189 Copyrights, 136 Trademarks and has 88 Design Patents to its credit in India, USA and other countries. Today, nearly 2 technology patents are filed in a month and the company expects to have an impressive 100 technology patents.[39]

Su-Kam's focus on solar products

Su-Kam is now shifting its focus from conventional UPS, inverters, and batteries to solar products.[40] As per a report published by Bridge to India in 2014, Su-kam with 20.6% market share and pan India presence is the biggest player in the residential solar market. Su-kam is also the biggest domestic inverter supplier with 32% market share in the off-grid and hybrid inverters segments, according to the report.[41][42]

Su-Kam provides customised solar power for educational institutions, petrol pumps, hospitals, industries, defence barracks, and government buildings. It has undertaken solar projects for Tamil Nadu Energy Development Agency, Assam State Electricity board, Madhya Pradesh Forest Department, Loyola College of Chennai, Ashok Leyland, and Assam Rifles.[43]

"Solar power system contributes around 25 per cent to the total business of Su-Kam, and its target is to grow it to 50 per cent of the total turnover", said Su-Kam in an interview to Business Standard.[44]

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.[45][46][47]

The company has installed 1MW Solar Power Plant at Punjab Engineering College in Chandigarh.[48]

In May 2014 Su-Kam won a tender from Uttar Pradesh New and Renewable Energy Development Agency to install and commission solar power systems in 40,000 rural households in Uttar Pradesh.[49]

It also installed 250 kwp mini off-grid solar system to electrify Fakirpur and Chandigarh villages in Kannauj. These villages have never been electrified before. The inauguration of solar plant was done by Dr. APJ Abdul Kalam and Chief Minister of Uttar Pradesh Akhilesh Yadav.[50][51]

Su-Kam installed 50kW solar grid-tie system at Delhi Jal Board's office in Delhi.[52]

Su-Kam installed 40 kWp solar power system at Allied Engineering Works which is said to generate 56,000 units of electricity.[53][54]

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.[55] Su-Kam has also been awarded with the title 'Africa's Most Reliable Inverter Brand'.[56][57]

Su-Kam has won a solar project to power 35 schools in Rwanda.[58] 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.[59]

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.[60][61]

CSR initiatives

Su-Kam has adopted village 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 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.[62]

After the earthquake in Nepal in April 2015, Su-Kam distributed food and 800 solar home lighting systems to the victims.[63][64]

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.[65][66][67]

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[68]
  • Innovative 100 Award 2013 by Inc. India magazine for bringing about technological innovations in its products[69]
  • Asia's Most Promising Brandin 2012-13 by World Consulting and Research Corporation (WCRC)[70]
  • Su-Kam's solar power conditioning unit won the India Semiconductor Association's excellence award in the energy category[71]
  • Award for 'Brand Excellence in Business Innovation' by Asian Leadership Awards[72]
  • Su-Kam has been awarded 'Best Rural Solar Electrification Company of the Year' during Indian Rooftop Solar Summit 2016[73]
  • Su-Kam won ‘Best Innovation Brand’ award at National Brand Summit & Excellence Awards organized by ASSOCHAM[74]
  • 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[75]

References

  1. ↑ https://www.sukampower.com/corporate-story.aspx
  2. ↑ "Now, BSF posts at Indo-Pak border powered by solar energy". Economic Times.
  3. 1 2 "Superbrands India magazine coverage" (PDF). Retrieved 16 November 2012.
  4. ↑ "Su-Kam launches solar charge controller". Times of India. 8 August 2014.
  5. ↑ "Su-Kam to install solar inverters for Delhi Jal Board". Business Standard India. Business Standard. 12 March 2015.
  6. ↑ "Creating Better Technology for Solar Storage". Tribune.
  7. 1 2 Kumar, N. Ravi (27 January 2015). "Inverter maker Su-Kam mulls consumer finance foray". The Hindu.
  8. ↑ "Su-kam power systems limited". Economic Times.
  9. ↑ Shubhra Pant (5 August 2018). "Troubled Su-Kam now hit by mass resignation". Times of India. Retrieved 28 July 2022.
  10. ↑ "CBI books Su-Kam Power Systems for ₹260.89-cr. bank fraud". The Hindu. 25 January 2021. Retrieved 28 July 2022.
  11. ↑ "Carlyle, Aion, Schneider in race for SuKam Power Systems". Livemint.
  12. ↑ "2000 करोड़ की कंपनी खड़ी कर इस शख्स ने दुनिया में बजाया डंका, ऐसा बिजनेस प्लान पहले नहीं सुना होगा". Amar Ujala (in Hindi). 28 June 2018.
  13. ↑ सौरभ शर्मा (10 January 2023). "पॉवर बैकअप से लेकर सोलर सेक्टर में ऐसे हुई क्रांति, 'द इन्वर्टर मैन ऑफ इंडिया' ने बदली तस्वीर". TV9 Bharatvarsh (in Hindi).
  14. ↑ "इस वजह से कुँवर सचदेव जाने जाते हैं 'द इन्वर्टर मैन ऑफ इंडिया' के नाम से". Navodaya Times (in Hindi). 12 January 2023.
  15. ↑ "Change the market before it changes you: Su-Kam MD Kunwer Sachdev". The Economic Times. 24 October 2017.
  16. ↑ Sujata Sangwan (10 August 2016). "Su-Kam - Aims to Take Green Solar Energy to Each and Every Home in India". Businessworld.
  17. ↑ Sujata Sangwan (13 September 2022). "Creating Better Technology for Solar Storage, Lithium Battery is My Focus — Kunwer Sachdev, founder Su-kam". Nigerian Tribune.
  18. ↑ "Dark Horse". Business Today. 28 December 2006.
  19. ↑ "Su-Kam makes its first solar installation in Tripura". Economic Times.
  20. ↑ "My Entrepreneurial Journey". Silicon India. 2 February 2011.
  21. ↑ "My Entrepreneurial Journey". Silicon India. 2 February 2011.
  22. ↑ Rawat, Virendra Singh (30 January 2014). "Su-Kam ties up with Dhampur Sugar to sell solar power products". Business Standard India. Business Standard.
  23. ↑ "Spirit of India: Ignited Minds". India Today. 26 April 2010.
  24. ↑ "Su-kam Launches Touch Screen Solar PCU". Business World. 23 January 2016.
  25. ↑ "Su-Kam's solar street light is sans grid link". The Hindu. 26 April 2016.
  26. ↑ "Su-Kam Power to invest Rs 300 crore to set-up Energy Storage Park in Himachal Pradesh". Financial Express.
  27. ↑ सौरभ शर्मा (10 January 2023). "पॉवर बैकअप से लेकर सोलर सेक्टर में ऐसे हुई क्रांति, 'द इन्वर्टर मैन ऑफ इंडिया' ने बदली तस्वीर". TV9 Bharatvarsh (in Hindi).
  28. ↑ "CBI books Su-Kam Power Systems for ₹260.89-cr. bank fraud". The Hindu. 25 January 2021.
  29. ↑ "Dynamic duo Sanchit and Yajan, the young stalwarts taking Su-Kam to the next level". Zee.
  30. ↑ "su-kam power systems limited". tofler.
  31. ↑ "New Directors & Promoters for Su-Kam Power Systems limited". News24.
  32. ↑ "Microtek eyes ₹1,600 cr turnover in FY22". livemint.
  33. ↑ "Su-Kam Power Systems to establish a Sustainable Energy Storage Park with HP Government". India Times.
  34. ↑ "https://www.lokmattimes.com//business/dynamic-duo-sanchit-and-yajan-the-young-stalwarts-taking-su-kam-to-the-next-level/". Lokmattimes. {{cite web}}: External link in |title= (help)
  35. ↑ Tejeesh N. S. Behl (28 October 2009). "Power-backed Su-Kam gains in strength". Livemint.com. Retrieved 16 November 2012.
  36. ↑ "Su-Kam experience: From hostage to riches". Moneycontrol.com. Retrieved 16 November 2012.
  37. ↑ PTI (24 December 2006). "Su-Kam set to enter US market". Articles.economictimes.indiatimes.com. Retrieved 16 November 2012.
  38. ↑ "Su-Kam to set up NBFC to create market for sub-Rs 7,000 price inverters". Business Standard India. Business Standard. 22 January 2015.
  39. ↑ "Su-kam is building solar hybrid inverters". PV Magazine.
  40. ↑ "Why Su-Kam is looking up to the sun". Forbes (India). 11 December 2014. Archived from the original on 15 December 2014.
  41. ↑ "Su-Kam Ranked As The Top Player In Residential Solar Market By Bridge To India Report". Electronics for You. 28 November 2014.
  42. ↑ "Solar Rooftop Map 2014" (PDF). Bridge to India. 31 October 2014.
  43. ↑ "Su-Kam to offer solar installations to Tata Power consumers". Hindu Business Line. 6 August 2013.
  44. ↑ "Su-Kam Power to invest Rs 60 cr in rooftop solar systems". Business Standard India. Business Standard. 1 May 2014.
  45. ↑ "Su-Kam installs solar power system in TN houses". The Hindu. 2 May 2014.
  46. ↑ "Chennai gets solar smart". The Hindu.
  47. ↑ "Su-Kam to install 1 Megawatt (MW) Grid Tie Solar Power Plant at the Head Office of Chennai Metro Rail Ltd". The Hans India.
  48. ↑ "Su-Kam to set up 1 MW solar plant for Punjab Engineering College". Energy Next. 24 January 2014.
  49. ↑ "Su-Kam wins solar power project for 40,000 UP rural homes". The Economic Times. 3 April 2014.
  50. ↑ Rawat, Virendra Singh (7 July 2015). "Kalam inaugurates mini solar plant in Dimple Yadav's constituency". Business Standard India. Business Standard.
  51. ↑ "Kalam opens solar power plant". Times of India. 8 July 2015.
  52. ↑ "Su-Kam to install solar inverters for Delhi Jal Board". Business Standard India. Business Standard. 12 March 2015.
  53. ↑ "Su-Kam installs 40KWpGrid-Tie Rooftop Solar PV power plant". Economic Times. 6 November 2015.
  54. ↑ "Su-Kam opens new battery plant at Baddi". Business Standard.
  55. ↑ "Kunwer Sachdeva, Found and MD, Su-Kam". India Infoline. 3 January 2015.
  56. ↑ "Su-Kam Adjudged Africa's Most Reliable Inverter Brand". Business Day. 4 September 2013.
  57. ↑ "Alliance between Su-Kam Power Systems and Trojan Battery Company". Energetica.
  58. ↑ "Su-Kam Power Solutions bags contract for solar plant in Rwanda". Economic Times. 12 August 2013.
  59. ↑ "Su-Kam to offer solar installations to Tata Power consumers". Economic Times. 6 August 2013.
  60. ↑ "Su-Kam's impact on lighting up Africa". African Review. 4 April 2016.
  61. ↑ "Carlyle, Aion, Schneider in race to acquire Su-Kam". August 2018.
  62. ↑ "Power appliances company to develop CM's native village". Tribune India. 10 April 2015.
  63. ↑ "Nepal Earthquake: Su-Kam Pulling Out All Stops To Aid The Rescue Mission". EFY Times. 1 May 2015.
  64. ↑ "Nepal Earthquake: Su-Kam Pulling Out All Stops To Aid The Rescue Mission". Eletimes. 1 May 2015.
  65. ↑ "Sun Fuel: Powering India". YouTube. 6 November 2015.
  66. ↑ "These entrepreneurs didn't need an MBA". Daily News and Analysis. 13 June 2010.
  67. ↑ Munshi, P. (2009). Making Breakthrough Innovation Happen: How Eleven Indians Pulled Off the Impossible. Collins Business. ISBN 9788172237745.
  68. ↑ "Su-Kam Bags the National Quality Excellence". Energetica India. 7 March 2014.
  69. ↑ "Su-Kam Bags Innovative 100 Awards 2013". Energy Next. 8 January 2014.
  70. ↑ "Su-Kam Receives Asia's Most Promising Brand Award". IT Voice. 11 October 2011.
  71. ↑ "Inverting Power Cuts". Times of India. 19 March 2011.
  72. ↑ "Asian Leadership Awards". Asian Leadership Awards.
  73. ↑ "Announcing Winners of Indian Rooftop Solar Leadership Awards at IRSS 2016". Solar Quarter.
  74. ↑ "Su-Kam bags ASSOCHAM National Brand Summit & Excellence Awards 2016". The Hans India. 22 April 2016.
  75. ↑ "Su-Kam showcase wide range of Innovative Solar products at the 25th edition of 'Intersolar Expo 2016'". Electronics Maker. 20 October 2016.
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