Alpex Solar Ltd has appointed Gaurav Bector as international head of its EPC (engineering, procurement and building) enterprise as the corporate seems to broaden its international footprints.
Alpex Solar Ltd, a Greater Noida-based photo voltaic system producer, has appointed Gaurav Bector as international head of EPC (engineering, procurement and building) enterprise efficient from July 1, 2024. growing its international footprint and enterprise improvement of EPC in abroad markets.
Before becoming a member of Alpex Solar, Bector was the final supervisor (ME&A) of Qlite FZC based mostly in Dubai. He has greater than 30 years of cross-functional expertise and has been instrumental in creating companies in good buildings, LED lighting options, and vitality administration techniques at European multinationals, together with Qlite FZC, Siemens, Areva T&D and ABB.
Alpex Solar lately unveiled its formidable enlargement plans with the development of a greenfield facility of 1.2 GW at Kosi Kotwan, Mathura. The venture can be financed via inner accruals and loans. Alpex Solar is already implementing a capability enlargement at its Surajpur, Greater Noida plant, which is able to add 750 MW by FY 2025. The firm expects a capability of two.4 GW by FY2026 – enabling it to satisfy the rising demand in India and different extra international key markets.
Alpex Solar additionally bought a parcel of land of seven acres (25,873.27 sq. m) from the Uttar Pradesh Industrial Development Authority (UPSIDA) in Kosi, Kotwal, Mathura, Uttar Pradesh, to broaden the manufacturing facility.
Alpex Solar manufactures PV modules utilizing monocrystalline and polycrystalline cell applied sciences. Its product portfolio consists of bifacial, mono PERC, and half-cut photo voltaic PV modules. It additionally affords complete photo voltaic vitality options, together with EPC of AC/DC photo voltaic pumps in each floor and submersible classes. It entered photo voltaic panel manufacturing in 2007 and has constructed a state-of-the-art plant unfold over 7,700 sq. meters in Greater Noida with a capability of 1.2 GW, which could be additional expanded to 2 GW inside the similar infrastructure.
The firm’s earnings from operations stood at INR 404.43 crore, with a web revenue (revenue after tax) of INR 29.05 crore within the monetary yr ending March 2024.
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