Published On: 2014-01-28

Mumbai,Jan 28-BORG Energy India Private Limited, a subsidiary of BORG Inc,Texas USA with rich experience in Alternative Energy and Smart Grid Technology   having successful project experience across North America, Europe, Africa, China and SE Asia announced its plans to invest USD 45 Million in Indian market for rural electrification and EPC (engineering, procurement and construction) projects within   next six months. The company plans to power 18,000 homes in northern India in next 150 days with BORG Astra plus Home Series, a Range of fully loaded micro solar power plants, specially designed to meet the energy needs of domestic households and Solar Farm Master Series Controller targeted at generating power for irrigation projects in India. 

Speaking on this occasion along with Joseph Fournier, Director, BORG Inc., Mr. M.S. Sundararajan, Ex Chairman Indian Bank & Independent Director, BORG Energy India, Mr. T.S. Krishnamurthy, Ex Chief Election Commissioner of India & Independent Director, BORG Energy India and Senior Executives of BORG Inc., Dr. Boaz Augustin Jr., BORG Energy Managing Director – Asia Pacific said, “We will invest 45 Million USD in India within next six months. We commit 25 million USD for rural electrification projects using solar power and 20 million USD will be used for EPC Projects in U.P., Tamil Nadu, Rajasthan,   Bihar and Andhra Pradesh. We have ambitious plans to install BORG Power plants in 2.5 million households in various states  of India over the next 3 years. We are currently developing appropriate retail network of 220 Borg Power Play show rooms in India. BORG Play showrooms are BORG’s exclusive outlets offering experience zones to consumers”. 

He further emphasized that the challenge lies in creating greater awareness for green and clean technology, highlighting benefits of solar power by providing power security and generate own electricity for self consumption, thereby  reducing dependence on grid power to the Indian consumers. In India, there is currently supply-demand gap of 12 %, necessitating the need to introduce power cuts, both scheduled and unscheduled to all types of consumers. He added that BORG product line is customized for Indian power conditions.  BORG’s products will be distributed through distributor network and franchisee model in India.BORG is also planning to set up a R&D facility in 2016 towards nano technology in solar panels said, Joseph Fournier, Director, BORG Inc.,
 
About BORG More than a decade, BORG Inc is established and head quartered in Houston, Texas, USA with more than 4500MW installed capacity providing solar energy solutions to its customers. BORG offers Astra Plus Home Series micro     solar power plants to household customers by harnessing solar power. The unique Smart Grid technology ensures uninterrupted power supply for a sustainable future. BORG’s  other domestic products include the Farm Master Series and Commercial Series.

Power Play are exclusive BORG showrooms which have an attractive display of BORG’s domestic products and enable customers to get a hands-on experience of the products. BORG Care Centres have the best in house service network to   address all queries of customers. All products of BORG are internationally certified and accompanied.