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Numeric Power Systems to setup a Rs 25 crore MW solar project in Tamil Nadu - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Numeric Power Systems, a provider of uninterrupted power supply (UPS) systems, has decided to set up a 1 MW solar energy farm at Palladam near Coimbatore district of Tamil Nadu.

The company would buy solar cells from suppliers in Japan and Germany and configure panel modules and assemble them. The cost of the project is estimated at Rs 25 crore. (25 crores? I was under the impression that solar energy capex was about 2-3 million $ per MW).

Apart from latest development, the company is also planning to invest in LED lighting systems projects and make foray into the precision air-conditioning space with a strategic partner.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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