It’s my pleasure to share with you’re the company’s performance for the FY 2015-16. The company has regained its position from the slack period we witnessed during 2014-15. The company has registered a growth of around 4.5 times in gross turnover and the net profit has grown by 3.17 times as compared to previous year. You all have been part of this success. I congratulate the entire SR Team for the excellent performance.
SR is committed to its mission statement “Creating Sustainable Values with Integrity, Consistency, and Excellence.” We serve our client to the best of our ability, expertise and efficiency. We value your values. Focus is now shifted from economy to value for money. Since its incorporation, our focus has been creating value for our esteemed stakeholders under the shelter of “Win-Win” proposition.
SR has successfully developed around 5 MW capacities of Solar Power Projects comprising of both on-grid as well as off-grid SPVPP. In on-grid segment, SR has promoted a 4.5MWp Solar Power Project through its subsidiary company M/s Vipul Vidhyut Private Limited (VVPL). The plant achieved its COD on 12th March 2016. In off grid segment, SR has set up 18 Solar Pumping Systems for meeting the farmer’s irrigation needs in the state of Chhattisgarh. The Company has also strengthened its O&M Team to take care of post installation O&M support for its clients. This year company is targeting to achieve around 10 MW of installed capacity.
SR has also extended its contribution in HRD as part of their CSR activities. We have become the accredited partner of National Institute of Solar Energy (NISE) and The Skill Council for Green Jobs. We have successfully developed technical and financial skills of around 200 entrepreneurs and engineers and 30 Surya-Mitras in solar segment. I am sure that those training would have resulted in furtherment of their career paths.
The Government of India is focusing to encourage development of around 100 GW from Solar Energy, out of which rooftop solar shall contribute to 40% i.e. 40 GW. A galore of opportunities has opened. Time to perform and amaze the world with our commitment, performance and excellence. Come, join hands and witness astonishing outcomes.