EV Mechanica

Subscribe to EV Mechanica's Current Newsletter & never miss an update!

    Close Menu
      Facebook X (Twitter) Instagram
      EVMechanicaEVMechanica
      EVMechanicaEVMechanica
      • Home
      • News
        • E-Mobility
        • EV Battery
      • Charging Stations
      • Policy
      • Research
      • Interview
      • Jobs
      • Events
      • E-Mag
      • Subscription
      Facebook YouTube LinkedIn WhatsApp
      EVMechanicaEVMechanica
      Home » Power Solutions Firm Plans to Invest Rs 300 Cr on Green Energy

      Power Solutions Firm Plans to Invest Rs 300 Cr on Green Energy

      Aishwarya SaxenaBy Aishwarya SaxenaApril 17, 2023 E-Mobility 2 Mins Read
      Share
      Facebook Twitter LinkedIn WhatsApp

      Leading power solutions provider, Su-Kam has recently signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government to set up a Sustainable Energy Storage Park.

      Su-kamAs part of the understanding, Su-Kam plans to produce e-mobility and solar energy products on the approximately 50-acre site.

      The State government will allot the necessary land, along with external developments and other required infrastructure facilities to the company. Additionally, it will receive connectivity to the highway and other incentives as per government norms.

      The company further states that the Himachal Pradesh government has already replaced its entire fleet of government vehicles with EVs, becoming the first state in India to do so.

      Su-Kam is working on its R&D side to launch lithium-ion batteries and is also considering entering the two-wheeler and commercial EV market in the coming years.

      Sanchit Sekhwal Goyal, Director, Su-Kam Power Systems said, “We plan to invest around Rs 300 crore in the coming years and expand in green energy such as renewable, e-mobility, and other sustainable energy product segments. We will be producing EV batteries and chargers for both two- and four-wheelers, solar panels, and expanding our solar range.”

      Su-Kam aims to provide employment to more than 1,000 people and support the government’s mission of zero carbon emissions in Himachal Pradesh.

      At present, it has a network of over 10,000 dealers in India and a presence in more than 70 countries worldwide.

      The company says its Energy Storage Systems Division is working on new products, moving towards the next generation of energy storage systems and plans to launch lithium-ion batteries also.

       

      connectivity four-wheelers Himachal Pradesh government infrastructure memorandum of understanding news solar panels sustainable energy Sustainable Energy Storage Park
      Share. Facebook Twitter LinkedIn WhatsApp
      Aishwarya Saxena

      More article from Aishwarya Saxena

      Keep Reading

      Hero Vida VX2 Electric Scooter Teased, Launch Confirmed for July 1

      Ola Electric’s Shocking Fall: From Rs 146 High to Rs 48 Low Amid Losses, Sales Surge

      Ultraviolette F77 Goes Global: Indian Performance EV Storms into 10 European Nations

      Leave A Reply Cancel Reply

      1 × three =

      E-MOBILITY

      Hero Vida VX2 Electric Scooter Teased, Launch Confirmed for July 1

      June 17, 2025

      Ola Electric’s Shocking Fall: From Rs 146 High to Rs 48 Low Amid Losses, Sales Surge

      June 17, 2025

      Ola Roadster X Deliveries Begin Across Delhi Now

      June 17, 2025

      Tesla on Autopilot stuck, struck by train

      June 16, 2025

      Articles

      How OEMs and Tech Firms Team Up to Speed Up EV Innovation

      Electric vehicles are reshaping India’s transport landscape. But making quality EVs at scale needs more…

      Battery Second Life: From Environmental Liability to Economic Opportunity

      As India accelerates toward its ambitious net-zero targets of 500 GW of non-fossil fuel power…

      Global Trends in Electric Two- and Three-Wheelers: India’s Role in Driving the Transition

      The global electric vehicle (EV) market is still emerging. Electric two-wheelers (2Ws) and three-wheelers (3Ws)…

      © 2025 EVMechanica.com.
      • Home
      • About Us
      • Contact Us
      • Subscription

      Type above and press Enter to search. Press Esc to cancel.