Elcomponics Technologies & The meeco Group to form a JV

Noida, Uttar Pradesh, India. Elcomponics Technologies India Private Limited and meeco India Private Limited, the Indian subsidiary of the meeco Group have decided to join hands for customization, manufacturing and marketing of sun2safe. meeco’s High Efficiency Solar Energy Power Conditioning and Management System. The sun2safe technology has delivered a strong performance in the Telecom and Off or Weak Grid Power needs

Mr. S.N.Dwivedi Managing Director or Elcomponics said "We are very excited about this new venture as this would be one of the first high efficiency large scale Solar Power Conditioning unit to be manufactured in India. We have set up a world class infrastructure where our R&D team will enhance the features and optimize the product for grid variations".

The meeco Group has expanded its operations in India and the Asia Pacific region. Explaining the partnership, Mr. Dieter Trutschler said "We are expanding rapidly in the Asia Pacific region and Africa. To support this expansion, we have created a regional hub and center of excellence in India. In Elcomponics we have found a partner where Quality is in the ethos of everything they do and we see this very much as a strategic relationship which will bring many value added products for us".

The first sets of units to be rolled out of the production of Elcomponics are expected in June 2014. Mr. Tarun Munjal, Manging Director of meeco India added "We have prepared ourselves to address the scope and size of the market which we are addressing including Telecom BTS power, Street Lighting, Off Grid, rural and Hybrid Power Backup solutions with large and seamless clean power requirement. We have a backlog of pre-orders and are experiencing a huge demand in these segments".