Numeric Power Systems ventures into green energy segment
Chennai | Saturday, Nov 21 2009 IST
 

City based Numeric Power Systems, a leader in Uninterrupted Power Supply (UPS) systems, has announced that it is venturing into the green energy segment by making a foray into solar power, wind energy generation and LED (light emitting diode) lighting. Talking to newspersons here last evening, R Chellappan, Managing Director, said the company had recently launched Numeric Solar Energy Private Ltd, a 100 per cent owned subsidiary for this purpose. The objective was to offer specialised and standard solar product range to support every need to conserve energy under the Renewable Energy programme combined with energy-efficient LED lighting solutions for a wide range of applications, he said. The company was planning a 1 MW solar project in Coimbatore, where it has a 1.5 MW windmill farm with an outlay of Rs 25 crore.

The company would also be investing in LED lighting systems, he said. He said the company would be buying solar cells from Japan and Germany and configure panel modules and assemble them. "We are also toying with the idea of making a foray into the precision air-conditioning space with a strategic partner", he said.

-- (UNI) -- 21MC5.xml

 

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