Home › Business ›Su-Kam Power Systems Signs MoU to Install Sustainable Energy Storage Park with HP Government
Su-Kam Power Systems Signs MoU to Install Sustainable Energy Storage Park with HP Government
Su-Kam Power Systems plans to invest around INR 300 crore to manufacture renewable, e-mobility, and solar energy products in a Sustainable Energy Storage Park in near future.
April 14, 2023. By News Bureau
Su-Kam Power Systems Limited has signed a memorandum of understanding (MoU) with the Himachal Pradesh Government to set up a Sustainable Energy Storage Park in the state.
The project aligns with the government's vision of zero carbon emissions and promoting green and renewable energy.
Su-Kam plans to produce e-mobility and solar energy products on the approximately 50-acre site at this Sustainable Energy Storage Park.
As per the MoU, the company will be allotted the necessary land, along with external developments and other required infrastructure facilities. Additionally, it will receive connectivity to the highway and other incentives as per the government norms.
Sanchit Sekhwal Goyal, Director, Su-Kam Power Systems, said, “We plan to invest around INR 300 crore in the coming years and expand in green energy such as renewable, e-mobility, and other sustainable energy product segments. We will be producing EV batteries & chargers for both two and four-wheelers, solar panels, and expanding our solar range."
Su-Kam aims to provide employment to more than 1000 people and support the government's mission of zero carbon emissions in Himachal Pradesh.
With a vast network of over 10,000 dealers in India and a presence in more than 70 countries worldwide, Su-Kam has a strong global presence.
The project aligns with the government's vision of zero carbon emissions and promoting green and renewable energy.
Su-Kam plans to produce e-mobility and solar energy products on the approximately 50-acre site at this Sustainable Energy Storage Park.
As per the MoU, the company will be allotted the necessary land, along with external developments and other required infrastructure facilities. Additionally, it will receive connectivity to the highway and other incentives as per the government norms.
Sanchit Sekhwal Goyal, Director, Su-Kam Power Systems, said, “We plan to invest around INR 300 crore in the coming years and expand in green energy such as renewable, e-mobility, and other sustainable energy product segments. We will be producing EV batteries & chargers for both two and four-wheelers, solar panels, and expanding our solar range."
Su-Kam aims to provide employment to more than 1000 people and support the government's mission of zero carbon emissions in Himachal Pradesh.
With a vast network of over 10,000 dealers in India and a presence in more than 70 countries worldwide, Su-Kam has a strong global presence.
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