Inkel enters solar business development

Press Trust of India Updated - January 23, 2018 at 12:37 AM.

To offer financial solutions to promote solar energy yield

Inkel Ltd has forayed into solar business development in a move to push advanced solar PV (photo-voltaic) technology for large and medium grid applications.

Inkel, the State’s PPP model infrastructure development company, plans to expand its operations to solar streetlights, high-mast lamps and semi-high-mast lightings by exploring ways to use the green energy.

Projected turnover

The company, which has projected a turnover of ₹12 crore for 2015-16, said it would also offer innovative financial solutions to promote the yield of solar energy in the State.

“Customers, on installing solar panels, complain about the high investment and lower energy yield, apart from operation and maintenance glitches. We have now introduced attractive financial models and free technical study to overcome impediments,” Inkel MD T Balakrishnan said.

Moreover, a team will conduct free training for customers and help them with extended AMC (operation and maintenance for seven years) and data monitoring facility to keep track of the yield, the release said.

Inkel said it has also roped in Vikram Solar and Sunlife Global to form a consortium in this regard.

Pilot project

The company began the pilot project by installing and commissioning rooftop solar panels at NTTF (Nettur Technical Training Foundation) Skill Development Centre on the Inkel Greens campus, Malappuram.

“We have bigger plans and discussions are on with the customers on solar power grid projects. The collaboration is a robust beginning to promote and establish solar projects, which is in accordance with the vision of the central government,” Balakrishnan said.

Published on October 21, 2015 15:11