Dexler Energy to Develop 13 MW Rooftop Solar Plants for Sunvik Steels

Sunvik Steels has partnered with Dexler Energy to develop rooftop solar plants of 13 MW capacity across 2 facilities of Sunvik near Bangalore

Sunvik Steels, an integrated steel manufacturer in India has announced that it has partnered with Dexler Energy for its solar power plans. Dexler has been selected to develop the rooftop solar plants of 13 MW capacity across two different project locations at the facilities of Sunvik Steels near Bangalore.

The new solar plants are expected to provide 10 percent of the company’s electricity needs. With this, the firm will reduce consumption from grid power and diesel generators and will help avoid putting 18980 tons of carbon dioxide into the atmosphere annually.

Vivek Kejriwal, Managing Director of Sunvik Steels said, “solar is the future and Sunvik, a pioneer in its industry, was among the few manufacturers in the country to build a 10 MW captive power plant and switching its operation to a green steel model. Sunvik has always strived to adopt sustainable measures in its manufacturing process and this partnership to build 13 MW for captive consumption is a step in that direction.”

With the addition of these plants, 75 percent of the power for Sunvik Steels will be from clean sources.

“Sunvik aims to become a firm that runs 100 percent on clean energy. We are very pleased to join forces with Dexler Energy for a net-zero future for our firm.”

Ravi Kumar, Co-founder and Chief executive officer of Dexler Energy said “we are proud to be the clean energy partner with a distinguished player like Sunvik Steels, which occupies a unique and important position in the steel manufacturing space in India. Once fully developed these projects will be among the largest rooftop projects in the country. We are happy to note that the solar power supplied to Sunvik Steels will save 50 percent of costs on the grid tariff, providing significant cost savings and environmental benefits as well.”

Dexler is a solar developer that primarily helps MSMEs adopt solar in a simple and effective way. Since 2015, the firm has developed more than 85 MW in solar project capacity in the country and helped corporates across sectors such as textiles, IT, manufacturing, educational institutions and government bodies, etc.