Solar Today Awards 2016
Real Estate

Solar Today Awards 2016

The very first edition of the awards was successfully held at the InterSolar Exhibition in the presence of the industry´s best and brightest.

Date
: October 21, 2016
Venue: Bombay Exhibition Centre
Organiser: ASAPP Info Global Group

It was sunshine all the way at the Solar Today Awards, which recognised the who´s who of the solar industry. The awards have been initiated with a focused vision to recognise people, processes and products that drive the industry forward to achieve success in a competitive market.

The event began on an auspicious note with the lighting of the lamp by G Adhiseshu, Managing Director, Andhra Pradesh Solar Power Corporation, Government of Andhra Pradesh; Pratap Padode, Managing Director, ASAPP Info Global Group; and Sumit Banerjee, Chairman, Advisory Board, ASAPP Info Global Group. In his introductory address, Padode spoke about the business climate in the country and how despite tough times - financial and otherwise.

India Inc is now moving forward in the solar sector. He stated that confidence in businesses geared towards sustainability, solar energy, and energy storage can be the game-changers the country needs.

This set the perfect tone for the day, following which the expert jury panel (for the awards) discussed ´Competitive Bidding for Solar Projects in India´. Moderated by Vinay Rustagi, Managing Director, Bridge to India, the panel comprised Prafulla Pathak, Secretary General, Solar Energy Society of India; Preetam D´Souza, Partner, Kochhar & Co; Shirish S Garud, Director and Senior Fellow, TERI; and Santosh Janakiram, Partner, Cyril Amarchand Mangaldas. While coming to a general consensus that competitiveness in the solar field has drastically brought down solar costs, thus making it more financially competitive, the panel expressed the view that the viability of such projects is now under question and the structure essentially eliminates smaller players from venturing anywhere close.

This heated discussion was followed by the awards ceremony. The parameters considered for selecting the companies included their grid-connected projects above 1 MW, AC capacity numbers available, and the capacity commissioned in the past 12 months.

For the first six awards in the categories of Utility Scale Solar (Project Developer and EPC Contractor), Rooftop Solar (Project Developer and EPC Contractor), and Module Manufacturer and Inverter Manufacturer, winners were decided purely based on size or capacity. The top three players were adjudged on the basis of data collected by Bridge to India.

The latter four awards in the categories of Top Manufacturer in India û Quality and Cost Competitiveness; Best Innovation in the Sector; Best Start-Up in the Sector; and Emerging State were selected by the jury panel, based on discussions conducted and nominations received. Here, for the Jury´s Choice Award for Manufacturer in India (Composite) û Quality and Competitiveness, the factors considered were a strong reputation for quality, ability to compete internationally and whether the company was among the top 10 players by virtue of size and volume.

The event ended with the keynote address by G Adhiseshu, who laid emphasis on the importance of solar energy and explained how the Andhra Pradesh Government is augmenting its plan to add 4,107 MW of solar power capacity from FY2017 to FY2022 and has set the target of achieving 2,000 MW of solar rooftop energy by 2022. He exhorted the segment players present at the event to take advantage of this and move forward with confidence.

The 1st Solar Today Awards unveiled the winners, as listed:
Utility Scale Solar-Project Developer:
1st: Adani Green Energy
2nd: Acme

Utility Scale Solar-EPC contractor:
1st: Mahindra Susten
2nd: Sterling and Wilson
3rd: L&T

Rooftop Solar-Project Developer:
1st: CleanMax Solar
2nd: Amplus Energy Solutions

Rooftop Solar-EPC:
1st: Tata Power Solar System
2nd: Su-Kam Power Systems
3rd: Hero Future Energies

Top Manufacturer (Module):
Vikram Solar

Top Manufacturer (Inverter):
ABB India
Jury´s Choice Award

Best Manufacturer in India (Composite):
Vikram Solar
Best Innovation in the solar sector:
Su-Kam Power Systems

Best Start-Up in the solar sector:
OMC Power

Emerging State in the Solar Sector:
Andhra Pradesh

The very first edition of the awards was successfully held at the InterSolar Exhibition in the presence of the industry´s best and brightest. Date: October 21, 2016 Venue: Bombay Exhibition Centre Organiser: ASAPP Info Global Group It was sunshine all the way at the Solar Today Awards, which recognised the who´s who of the solar industry. The awards have been initiated with a focused vision to recognise people, processes and products that drive the industry forward to achieve success in a competitive market. The event began on an auspicious note with the lighting of the lamp by G Adhiseshu, Managing Director, Andhra Pradesh Solar Power Corporation, Government of Andhra Pradesh; Pratap Padode, Managing Director, ASAPP Info Global Group; and Sumit Banerjee, Chairman, Advisory Board, ASAPP Info Global Group. In his introductory address, Padode spoke about the business climate in the country and how despite tough times - financial and otherwise. India Inc is now moving forward in the solar sector. He stated that confidence in businesses geared towards sustainability, solar energy, and energy storage can be the game-changers the country needs. This set the perfect tone for the day, following which the expert jury panel (for the awards) discussed ´Competitive Bidding for Solar Projects in India´. Moderated by Vinay Rustagi, Managing Director, Bridge to India, the panel comprised Prafulla Pathak, Secretary General, Solar Energy Society of India; Preetam D´Souza, Partner, Kochhar & Co; Shirish S Garud, Director and Senior Fellow, TERI; and Santosh Janakiram, Partner, Cyril Amarchand Mangaldas. While coming to a general consensus that competitiveness in the solar field has drastically brought down solar costs, thus making it more financially competitive, the panel expressed the view that the viability of such projects is now under question and the structure essentially eliminates smaller players from venturing anywhere close. This heated discussion was followed by the awards ceremony. The parameters considered for selecting the companies included their grid-connected projects above 1 MW, AC capacity numbers available, and the capacity commissioned in the past 12 months. For the first six awards in the categories of Utility Scale Solar (Project Developer and EPC Contractor), Rooftop Solar (Project Developer and EPC Contractor), and Module Manufacturer and Inverter Manufacturer, winners were decided purely based on size or capacity. The top three players were adjudged on the basis of data collected by Bridge to India. The latter four awards in the categories of Top Manufacturer in India û Quality and Cost Competitiveness; Best Innovation in the Sector; Best Start-Up in the Sector; and Emerging State were selected by the jury panel, based on discussions conducted and nominations received. Here, for the Jury´s Choice Award for Manufacturer in India (Composite) û Quality and Competitiveness, the factors considered were a strong reputation for quality, ability to compete internationally and whether the company was among the top 10 players by virtue of size and volume. The event ended with the keynote address by G Adhiseshu, who laid emphasis on the importance of solar energy and explained how the Andhra Pradesh Government is augmenting its plan to add 4,107 MW of solar power capacity from FY2017 to FY2022 and has set the target of achieving 2,000 MW of solar rooftop energy by 2022. He exhorted the segment players present at the event to take advantage of this and move forward with confidence. The 1st Solar Today Awards unveiled the winners, as listed: Utility Scale Solar-Project Developer: 1st: Adani Green Energy 2nd: Acme Utility Scale Solar-EPC contractor: 1st: Mahindra Susten 2nd: Sterling and Wilson 3rd: L&T Rooftop Solar-Project Developer: 1st: CleanMax Solar 2nd: Amplus Energy Solutions Rooftop Solar-EPC: 1st: Tata Power Solar System 2nd: Su-Kam Power Systems 3rd: Hero Future Energies Top Manufacturer (Module): Vikram Solar Top Manufacturer (Inverter): ABB India Jury´s Choice Award Best Manufacturer in India (Composite): Vikram Solar Best Innovation in the solar sector: Su-Kam Power Systems Best Start-Up in the solar sector: OMC Power Emerging State in the Solar Sector: Andhra Pradesh

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?