MHS Energy Pvt Ltd, a newly launched infrastructure company offering outdoor power solutions for telecom industry, announced its joint venture with Germany-based b+w Electronics Systems to provide outdoor power solutions with low maintenance costs in India. It would invest Rs 150 crore in the initial stage to set up a manufacturing unit and to supply solar power solutions.
Plans are to install and run six systems in the first three months of operation and to increase installation to 500 units per month for the next 12 months, said Sajjan M Sharma, managing director, MHS Energy Pvt Ltd.
“We will install a total of 6,000 units of the solar power products in 12 months after the pilot project of six units. A combination of one solar power cube and a solar energy cube makes a unit,” he said. The first 6,000 units would be imported and assembled in India, while the company would later set up a manufacturing facility with a capacity of 6,000 units per month.
As per the agreement, b+w Electronics would provide the technology while MHS Energy would facilitate manpower, manufacturing capacity and investment.
Heinrich Walterfang, chairman and CEO, b+w Electronic Systems, said that the solar power units are tested and verified for proper functioning in Indian conditions and could replace the existing power sources including diesel power generators to cut down energy consumption by around 77 per cent.
It could bring down the operational expenditure from 28,032 kilowatt per hour per annum in a conventional shelter to 52,580 kilowatt per hour per annum, in a solar power solution unit. Out of the total 3.3 million towers in the country, around 166,129 towers are running on assisted power, said Sharma.
MHS Energy, launched today, is a wholly-owned subsidiary of Tenstar Infratech Pvt Ltd, which focuses on clothing, infrastructure and energy industries.
Fulfilling an important step of the Partnership to Advance Clean Energy announced by President Obama and Prime Minister Singh
last November, India and the U.S. have announced funding commitments of 25 million dollars each to support the U.S.-India Joint Clean Energyesearch and Development Center (JCERDC).
According to U.S. Ambassador to India Timothy J. Roemer, “This is the first collaborative research effort of its kind, where Indian and U.S. researchers will be jointly selected. It elevates the U.S.-India clean energy cooperation to a new level and is a testament to the strength of our continued strategic partnership. We look forward to closer cooperation on clean energy between the technical experts of our two knowledge societies, and sharing the benefits of the collaborative research.”
The United States and India will provide awards in three priority areas: biofuels, building energy efficiency, and solar energy. These awards will support joint consortia of U.S. and India private sector companies, non-governmental organizations, research labs, or other organizations. Selected consortia will leverage government resources by contributing matching funding, totaling an additional 50 million dollars.
The JCERDC will be located in existing facilities in both countries.
Applications are due by August 16, 2011, with selections expected later this fall.