Published On:September 16 2008
Story Viewed 2643 Times
Supernova Engineers to launch gensets with Chinese engines
Ahmedabad: Supernova Engineers, integrators of power generation sets, mainly for telecommunication towers, is all set to launch in mid-November new gensets fitted with Chinese engines in the 50 to 250 kVA category, its Managing Director, Mr Samir Mistry, said here.
The 22-year-old city-based company, which expects to increase its turnover from Rs 225 crore in 2007-08 to Rs 300 crore, will import the Yuchai engines from China, to be fitted with Supernova-brand gensets at the Ahmedabad and Silvassa plants.
For this, the company recently entered into a technical collaboration with Yuchai for five years through an MoU, envisaging exclusive rights for necessary modifications in imported engines to suit the needs of Indian working conditions.
Supernova gensets fitted with Yuchai engines would also be exported to China and other countries, he told reporters. The company aims to manufacture 3,000 such gensets annually, with prices 20 per cent lower than its Indian competitors. The cost of power in these diesel-run gensets, at current fuel rates, would be Rs 12 a unit, Mr Mistry said.
Supernova currently integrates 800 gensets annually in the 2.5 to 2,200 kVA category. Of these, about 750 gensets with less than 30 kVA capacity are used in the telecom towers. The company has also supplied gensets for flood-lighting the Indo-Pakistan border and would soon be doing so in the case of Indo-Bangladesh border as well. Supernova has seen a 25 to 30 per cent CAGR over the last few years and has a share of 2.5 per cent in the Rs 10,000-crore genset markets.