Page 14 - CONSTRUCTION VISION July August 2017 issue

CHINA'S ENVISION ENERGY TO SET UP OPERATIONS IN INDIA

Envision Energy, the second largest wind commitment, we are patient, he said. machines and gets the components
turbine manufacturer in China, intends to Envision Wind Power Technologies India Pvt manufactured by other companies. Zhang
bring its products to India, the company`s Ltd has been in existence since July 2016. said Envision would come to India along with
Founder and Managing our OEM partners.
Director, Lei Zhang, said For us, India is as big a
recently. market as China, he said.
We will set up manufacturing Envision has 2 MW, 3 MW
facilities for sure, Zhang told and 4 MW turbines in its
BusinessLine here, on the portfolio, but Zhang did not
sidelines of the 8th Clean answer a question about
Energy Ministerial, a policy- which machine would be
cum-technical conference of introduced, saying instead
clean energy ministers of 25 that his India team would
countries including India. Zhang know better.
was a speaker at the event. Envision is the third
Envision has been waiting for Chinese company
approvals from the Indian attempting to enter the
authorities to begin selling its growing wind energy
turbines in India for a year now. market in India. Earlier,
Asked about this, Zhang said In the meantime, all preparations are Sinovel and Ming Yang tried
that the company was to be in India for the happening gradually, he said. Envision has a unsuccessfully to get their foot in, but neither
long term. somewhat different model than other wind company went as far as Envision.
Because we are making a long-term turbine manufacturers - it designs its

VIKRAM SOLAR SCALES UP MANUFACTURING CAPACITY TO 1GW

Solar power solutions provider Vikram Solar high efficiency modules made in India. in India commitment, we aspire to expand
has announced it has achieved 1 GW (1000 Today we pride ourselves in being an Indian our capacity to 2GW by FY 2020, he further
MW) of manufacturing capacity added.
and outlined its vision to take it
up to 2 GW by 2020. Vikram Solar is driving
The company, which provides the manufacturing
end-to-end solar photovoltaic backed by its R&D.
solutions, sees this as a major During FY 2016-17, the
contributor towards the 100 GW company reported Rs.
target set by the Government 1700 crore revenue, a
by 2022. significant increase
With a capacity of 1 GW, compared to Rs. 900
Vikram Solar believes it is well crore in FY 2015-16.
equipped to cater not only to This was a result of
the Indian needs but contribute enhanced scale and
to the international solar global scope of
industry.Gyanesh Chaudhary, operations. In over a
MD & CEO, Vikram Solar in a decade of business,
statement said, For the past Vikram Solar business
decade we have been toiling away, shaping company to have fortified manufacturing spans not just in India but across five
the solar landscape in the country with our capacity to 1GW. continents.
In our endeavour to contribute to our make

12 CONSTRUCTION VISION
JULY-AUGUST 2017