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Vivaan Solar Private Limited

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Vivaan Solar Private Limited
Vivaan Solar Farm at Nipania
Private Limited Company
ISIN🆔
IndustrySolar energy
Founded 📆2012; 12 years ago (2012)
Founder 👔Mudit Garg, Amit Bansal
Headquarters 🏙️1, Nehru Colony Thatipur, ,
Area served 🗺️
India
Key people
Prem Narayan Bansal
(Chairman)
Deepak Bansal
(Director)
Anshuman Mundhra
(Director)
Mudit Garg [2]
(Director)
Amit Bansal [3]
(Director)
Ashish Agrawal
(Director)
Products 📟 Solar power plant, Turnkey Solutions, EPC, RESCO, Solar power plant operations & maintenance
ServicesSolar project engineering and construction
Members
Number of employees
ParentBanco Group
🌐 Websitewww.vivaansolar.com
📇 Address
📞 telephone

Vivaan Solar is a solar power company headquartered in Gwalior, Madhya Pradesh India. Founded by The company designs, engineers and builds turnkey solar photovoltaic projects [4] The most prestigious order executed by the company is the installation of solar modules at 4 railway station in New Delhi including New Delhi Railway Station, Hazrat Nizamuddin Railway Station, Old Delhi Railway Station and Anand Vihar Terminal Railway Station.installing 1.1 MW, 0.6 MW, 2.2 MW and 1.1 MW respectively.[5] The company has won several other government projects of importance apart from projects from private sector.Also included is a 1.5 MW solar power plant for Bangalore City Railway Station [6]

Expansion[edit]

Vivaan Solar is a sister concern of Banco Group which has more than four decades of experience in infrastructure sector. The group has presence in renewable power with solar energy and hydropower as mainstays. Company has installed solar parks across Madhya Pradesh, Punjab, Karnataka, Uttrakhand and other states. Further growth for the company is expected from a meager start of 3 MW to 500 MW in future, as the company wants to make full use of government plans to have a total 100 GW of installed solar power capacity by 2022. The company was set up to make full use of favorable investment opportunities associated with solar power generation. Vivaan Solar, as an independent power producer and EPC player in the solar energy sector, is looking to expand into Resco mode grid-connected projects.[7] The company has since then implemented SCADA to regulate power output parameters.[8][9][10] The company hopes more incentives can help expand the rooftop solar business in India, as Amit Bansal, Director Finance at Vivaan Solar, said “The scenario is changing and Government has taken some commendable initiatives in the past two years, as MNRE (Ministry of New and Renewable Energy) has approved many projects across the country. But, in addition, the government must introduce some sector specific incentives to attract the foreign investors. Solar power is a capital intensive sector and without adequate funds things cannot be materialised effectively. Furthermore, general misconception of solar systems are costly should be removed and awareness on net metering should be created". [11]

Projects[edit]

In 2017 Vivaan Solar became a major player in India, as the company not only bagged several prestigious solar power generation projects but also completed several other rooftop power project. Apart from the 4 railway station rooftop solar projects in new delhi that was inaugurated by the then union minister for power Piyush Goyal. These projects are expected to help save hundreds of tonnes in carbon emission[12][13] Its largest project till date is the 45 MW solar park in Kadodiya village, Ujjain district in Madhya Pradesh.[14] Among other projects executed or won by the company include a 50 KW project for VISM group of institution of Gwalior and 1.5 MW rooftop solar project in Jhansi Junction railway station.[15][16] The company has installed 15 MV solar power in Ujjain between 2013-14. It also installed a 15 KW rooftop solar power project in Mathura Uttar Pradesh in 2015 using Japanese CIS Frontier Technology, its first ever. [17]

Recognition[edit]

In 2017 Vivaan Solar got SP 1A rating, the highest rating possible from SMERA, a pan India based rating agency .[18][19] Director Amit Bansal has been recognized as a 'Influential Business Leader' in Gwalior region. [20] The company has been accredited by MNRE for rooftop solar. [21]

New Initiative[edit]

As part of new initiative Vivaan Solar launched ‘My Vivaan App’, a mobile app in support of the Digital India initiative in 2018.[22] The company has decided to use the waste land surrounding its solar park to grow jatropha trees and create a alternate source of energy, as the jatropha seeds are considered important source of biofuel [23]

See also[edit]


Other articles of the topic Companies : Spümcø, Inc., Starbucks Corporation, Career Education Corporation, Warner Music Group Corp., Lehman Brothers Holdings Inc., Univision Communications Inc.
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References[edit]

  1. "Solar Plant Installation Company in India - Vivaan Solar". www.vivaansolar.com.
  2. "Solar energy holds a bright future in India".
  3. "Vivaan Solar, VISM Group signs contract for 50 KW grid project".
  4. "Harnessing the power of sun to energy".
  5. "Four Delhi railway stations to be solar powered".
  6. "Vivaan Solar to expand Resco mode, IPP project portfolio".
  7. "Vivaan Solar to expand Resco mode, IPP project portfolio".
  8. "Vivaan Solar:Harnessing the power of sun to energy".
  9. "Mittals Group Trusted Partnmers Creating Lasting Value" (PDF).
  10. "Amit Bansal Director, Finance Vivaan Solar".
  11. "Metros fail to see big uptake in rooftop solar system installations: report".
  12. "Four Delhi railway stations to be solar powered".
  13. "Piyush Goyal inaugurates Vivaan Solar's 5MWp solar project for Northern Railways".
  14. "Madhya Pradesh to get world's largest solar power plant".
  15. "Vivaan Solar, VISM Group signs contract for 50 KW grid project".
  16. "Rooftop Expertise Gets Vivaan Solar Jhansi Railway Station Project".
  17. "Vivaan Solar: Harnessing the Power of Sun to Energy".
  18. "Vivaan Solar, VISM Group signs contract for 50 KW grid project".
  19. "SMERA SP1A" (PDF).
  20. "Amit Bansal has been recognized as a 'Influential Business Leader'in Gwalior region".
  21. "The roof as focus".
  22. "Vivaan Solar launches new app as gift to 'Digital India".
  23. "Vivaan Solar: Harnessing the Power of Sun to Energy".


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