Published On:August 14 2008
Story Viewed 1739 Times
Bipin Engineers on expansion mode
Pune: Pune-based Bipin Engineers, manufacturers of non-conventional energy equipment such as solar water heating systems, solar lanterns and solar home lighting systems, had entered the segment of allied fields such as photovoltaic and wind hybrid systems.
Mr Anil Baikerikar, Director said the implementation of the photovoltaic systems have been on for the past six months and that about 30 installations had been completed in and around Pune. The target for this year is to have 500 implementations in the State.
He said Maharashtra was the priority market and it would be looking at Madhya Pradesh, Karnataka and Goa soon. Orders had been received for the wind hybrid system and that it would be implementing a couple of wind hybrid systems in Sangli.
He said the company, which has its facility in Pune for assembling the units, would be shifting to a new location at Khed-Shivpur. He said the land is already in possession and that the total project would be to the tune of Rs 4 crore. He said the investment would be a mix of internal accruals and bank finance.
Bipin is also in talks with a South African company for a joint venture as also with a company in the West Asia for an implementation. With these projects, it would be foraying into the export market, he said.
It had registered a turnover of Rs 10 crore for the last fiscal and added that it was estimating a turnover of Rs 15 crore for the current year.
Mr Hemant Revankar, Managing Director, Bipin Engineers, said currently at Magarpatta , about 4,700 solar collectors have been put in all the residential neighbourhoods comprising 4,700 flats, which included 122 buildings, 85 row houses and 26 bungalows. The total capacity of installed system is 5,92,650 lpd (litres per day) and savings of carbon emission would be 8,890 tonnes a year.
The electrical units saved each year are 95,62,987 kWh. Upon completion of Magarpatta City, the total solar collectors would be 7,160. Approximately, nine lakh litres of water will be heated through these collectors. The savings in electrical units would be 1,45,48,000 units a year which means a saving of Rs 5.81 crore annually in the cost of power . The savings in carbon emission would be 13.483 tonnes/year, he said. He noted that a solar water heater with a 125 litre capacity could save up to six units daily, 1800 kWh of electricity annually when it replaced a typical electrical geyser.
It has entered into the Limca Book of Records for commissioning of the biggest residential solar system in India at Magarpatta City in Hadapsar.