PRESS RELEASE (27TH November, 2009)
NUMERIC to enter Green Energy Solutions
Numeric Power Systems Limited, India’s No.1 UPS company, is venturing in to Green Energy Solutions that is , Solar Power Systems, Wind Energy Generation and LED Lighting Systems. NUMERIC has recently launched a 100% owned subsidiary, Numeric Solar Energy Pvt. Ltd. The company’s objective is to offer very specialized and standard Solar product range to support every need to conserve energy under the Renewable Energy program combined with Energy Efficient LED Lighting Solutions for a wide range of applications.
The company is planning a 1-MW solar project in Coimbatore, Tamil Nadu, where it has a 1.5-MW windmill farm. The company has chalked an investment budget of Rs. 25 crore for the purpose. Also the company is preparing to invest in LED lighting systems projects.
Mr. R. Chellappan, Managing Director, said the company will buy solar cells from suppliers in Japan and Germany and configure panel modules and assemble them. “We are also toying with the idea of foraying into the precision air-conditioning space with a strategic partner,” he said.
NUMERIC is the pioneer in Solar Energy System by being the first UPS Company to have installed in 1995 a 1.1kWp solar power generation system at its Fabrication Plant, Chennai. Numeric has installed about 200 kWp of solar power generation system and commissioned very successfully for its captive power generation besides over 100 installations for many Banks and other customers. This new development happened during the Silver Jubilee Year with a great initiative towards green energy program in support of carbon-free world. In addition, NUMERIC is poised for developing Mega Watt (MW) range of Solar Energy Farms within the Wind Energy Farm already owned by NUMERIC.
Solar & Green Energy Solutions (NUMERIC range of Solar Solutions includes
• Stand-alone and mini grid solar power converters
• Hybrid and Grid tied power systems
• Solar energy farms
Numeric offers the following Solar Energy Products:
• Solar PV Panels – Amorphous and Crystalline
• MPPT Solar Charge Controllers ranging from 12V to 196V and 5A to 120A
• Grid Tied Inverters ranging from 1kVA to 100kVA and Solar Energy farms in MW range
• Energy Storage Batteries 7.2AH to 200AH (VRLA and Deep Cycle)
• Green energy products that NUMERIC presents are:
• LED lighting system for indoor and outdoor application
• Solar street lighting systems
• LED decorative lighting systems
• Customized LED Lighting solutions
NUMERIC POWER SYSTEMS LTD – India’s No. 1* UPS company was founded on the 25th November, 1984 by R. Chellappan, a distinguished Electrical and Electronics Engineer / Technocrat. In the last 25 years, the company has grown from an initial team strength of 5 members to a large force of over 2200 employees in India and abroad with four subsidiary companies outside India. NUMERIC offers a wide range of power conditioning products with world class technology to offer Uninterruptible Power Supply to ensure total business continuity.
NEW FACTORY PREMISES INAUGRATION : In addition to the 3 Manufacturing Plants at Chennai, 2 Plants at Pondicherry & 1 Plant at Salem, located in South India, Numeric is proud to announce the inauguration of its new Manufacturing Plant in Parwanoo on Friday, 27th Nov. 2009. The Plant at Parwanoo has the state-of-the-art manufacturing facility for UPS products and designed to manufacture Advance Technology UPS systems to address the North India market.
Market Share :Numeric commands 20% market share in the on-line segment, and 16% market share in the overall range with Rs. 430 crore turnover. With 25 years of strong presence in the Indian market, NUMERIC has won the confidence of hundreds of valuable customers in Corporate, Banks, IT / ITES, Healthcare, Insurance, Education, Government, Space, Transportation and many individuals with absolute power continuity and high uptime. NUMERIC enjoys more than 75% of ATM installations across the country besides very strong presence with the BFSI segment. IT majors like Infosys, Wipro, CTS, iGate, Cisco, Microsoft, IBM, HP, Sun Microsystems, Motorola and Banks like RBI, SBI, SBH, ICICI, HCL, NIC, PNB, Punjab Schools, DGS & D, Central Schools and all Nationalized Banks and MNC Banks (HSBC, BNP Paribas, Citibank), leading corporate houses like Thomas Cook, Ashok Leyland, Siemens, Philips, Ford motors, Hyundai, HCL, Dell are some of the major names NUMERIC works with for decades. NUMERIC retains several Government projects from NIC, Ministry of External Affairs, Customs and Central Excise, Income Tax, High Courts, Indian Postal Services and many others. IITs, Raman Research Institute, CDAC, IISC, IIM and many leading universities are some of the prestigious accounts that Numeric owns. On the LED lighting systems front, Numeric offers products for indoor and outdoor applications, including solar street lighting systems and decorative lighting systems.