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Name of the company: Vivaan Solar
Set up in: August 2012
Based in: Gwalior, Haridwar and Bengaluru.
Founder: Amit Bansal (Director, Finance) and Mudit Garg (Director, Operations)
Funding received: Self funded, but open to venture capital funding.
What it does: Offers PV installation and development for both solar parks and rooftop projects. In rooftop solar it handles industrial, commercial and residential projects. In solar park installation, it provides end to end solutions.
How it does it: By segregating departments under procurement, design, operations and maintenance. Every project is assigned to a team. Apart from commissioning, it arranges power purchase agreements for sale of power with complete approvals. Implements SCADA technology. Through remote monitoring, it keeps track of the overall performance of the park.
Big moment: Accreditation by Ministry of New and Renewable Energy for rooftop segments; installation of first ever rooftop project in Mathura, Uttar Pradesh in collaboration with Japanese CIS Frontier Technology.
Impact: Grown multiple foldswithin five years of inception. Now has six solar parks and 350 plus acre solar farm. Presence in six States and plans to diversify in three more States.
Vision: To emerge as a leader of rooftop solar installation in India.
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