Indian electrical products company
Su-Kam Power Systems Ltd. |
| Company type | Private |
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| Industry | Energy |
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| Founded | 1988; 36 years ago (1988)[1] |
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| Headquarters | Plot No. 54, Udyog Vihar, Phase VI, Sector-37, , |
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Area served | Worldwide |
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Key people | Mr.Vishnu Prakash Goyal
Mr.Ashok Kumar Gupta
Mr.Navraj Mittal
Mr. Yajan Bansal |
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| Products | Inverters, batteries, UPS, solar power, batteries |
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Su-Kam Power Systems Ltd. is an Indian power provider with a global presence, operating in over 90 countries.[3] The company specializes in offering power back-up solutions for both domestic and industrial markets, with a focus on environmentally friendly energy sources such as solar power. Its diverse product range includes solar charge controllers,[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]
The company's distribution network comprises 1,200 distributors and 25,000 dealers,[7][8] and Su-Kam Power Systems is recognized as a leading solar power company in India. [9] [10][11]
History
Established in 1988 by founder Kunwer Sachdev as a startup,[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] Su-Kam Power Systems has evolved into a prominent brand with a global presence, exporting its products to more than 90 countries. The company achieved the record for the highest export sales in the power backup industry by an Indian company.[20] Su-Kam pioneered the introduction of DSP sinewave inverters and plastic-body inverters in India, holding the distinction of filing the largest number of patents in the power back-up industry, averaging two patents every month. [21] [22]
The company made significant strides in innovation, launching plastic body inverters, recognized by India Today as one of the top 10 innovations of the decade in 2010. Su-Kam continued its innovative streak with the introduction of India's first touchscreen Solar PCU, featuring an MPPT solar charge controller and smartphone monitoring through built-in Wi-Fi.[23][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.[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 88 design patents to its credit in India, the 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 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.[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 the 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]
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]
