SolREA, EPC Company for Cleantech & Greentech, targets Solar Farms of 1MW or less

July 27, 2010 - PRLog -- Enables customers to generate grid-connected electricity for tariff with an EPC contract

Hyderabad, A.P., July 28, 2010 — SolREA Renewables Private Limited, a Cleantech and Greentech Infrastructure EPC (Engineering, Procurement & Construction) Company, is currently in the process of contacting and executing EPC contracts for Solar PV Farms with select state applicant winners or firms/individuals with licenses of 1MW (or less). These are given as part of Jawaharlal Nehru National Solar Mission (JNNSM).
Our vision is to become a key player in executing Solar Utility Farm EPC contracts with our internal team and strategic partners including Kedia Group, A.P., Suryavanshi Group, A.P., Nicer Projects & Technologies, T.N, and King-Solarman, USA.   In addition, we have established vendor and partner relationships with several Solar PV, Solar Thermal and inverter manufacturers in USA, Europe and Asia including India for supply of key components & panels.

SolREA has developed and customized its innovative Program and Project management tools for Solar EPC projects that provides instant and continuous visibility of project completion status, expenses including BOQ/Procurement purchases and provides transparency to all stakeholders. We expect these tools to be used extensively throughout the project lifecycle by all personnel including our partners.

Mike Raghavan, CEO of SolREA Renewables, quoted, “Bringing these innovative tools as part of EPC project execution will enable SolREA to quickly complete the grid-connected electricity generation for its customers and help them generate profits with higher feed-in-tariff rates”.

“The experience of our team in hands-on project & program management and use of web-based tools in other industries including Automotive, Semiconductor and IT will be key in scaling our EPC operations to satisfy large number of Solar Farm projects”, said Sriram Kavikondala, President of SolREA Renewables.

While the team has worked with several partners in Greentech, it expects to bring its domain expertise in EPC project/program management from other industries along with engineering services and strategic alliances experience to Cleantech Solar projects.  SolREA’s founders are seasoned entrepreneurs with years of experience in setting up successful companies. They include Mr. Mike Raghavan - CEO, Mr. Sriram Kavikondala - President, Mr. T.K. Padmanabhan - CMO and Mr. Vinay Ganu – Financial Advisor.  The executive team has B.Tech/B.E. from IITs & BITS and MBA from IIM, Berkeley & Columbia.

SolREA provides DPR studies (Project feasibility, Financials & cash flows, Risk mitigation, Regulatory & Application support), Turnkey project execution including EPC (Supply chain, Manufacturing, Outsourcing, Site Preparation & Civil works, Installation and commissioning, Grid & in future Rooftop connectivity, Warranty and extended support services), and Consultancy services for solar projects.

“We are the only company that specializes in Cleantech Solar and Greentech Infrastructure EPC projects in India and we expect to key player in the years to come”, quoted T.K. Padmanabhan, Director of Sales and Marketing, SolREA Renewables.

SolREA envisages achieving its objectives by developing a partner ecosystem and building a core competence team for Technology assessment, Program management, EPC delivery, Creation of a sourcing cell, Acquisition of testing capabilities, and future Establishment of fabrication and manufacturing facilities in India.

For additional information, Contact:
T.K. Padmanabhan, SolREA Renewables, sales@solrea.com  at call +91-9618502405.

# # #

SolREA Renewables Pvt. Ltd. is a Cleantech & Greentech Infrastructure Services company engaged in EPC and O&M contracts for: 1) Cleantech projects (Grid-Connected & RoofTop Solar Power from 100KW to 5MW); 2) Greentech projects (Landscaping, Hard & Softscaping, Irrigation & Horticulture). SolREA is headquartered in Secunderabad, A.P., India. SolREA was established to develop specialist capabilities in Cleantech Solar Energy and Greentech engineering and execution and become a key player in India.