BVG India Surpasses 1 Gigawatt of Turnkey Solar PV Projects Portfolio for Utility Scale Projects – EQ
With a strong vision of Founder and Managing Director of BVG India Ltd., Mr. HR Gaikwad, commenced Renewable Energy Business Unit in 2016 with a strong leadership team under Mr. Pankaj Dhingra, Director of BVG India Ltd. In addition to commissioning 700MW within the committed timeframe and maintaining high quality and HSE standards, 400+ MW are currently underway. According to Mr. Dhingra, BVG has ventured into PV Module Manufacturing business with a capacity of 500 MW that will be scaled up to 2 GW by 2026 and has planned to reach 5GW in Solar PV Projects portfolio by 2030.
BVG India, founded in the year 1997 with 8 members and today has a strong team of 80,000+ employees spread across 70+ cities, 20+ states in India, having three major business verticals i.e. Facility Management, Dial 108 Emergency Medical Services Life Sciences and Renewable Energy.
BVG India recently announced, their Renewable Energy Business Unit has surpassed 1 GW Turnkey Solar PV projects portfolio globally.
With a strong belief in delivering projects in committed time, and maintaining high quality and HSE standards, BVG has successfully delivered more than 700 MW of Solar PV projects and look ahead to add up 5 GW to the Solar PV projects portfolio.
With strong financial credentials, in-house design team, project management and wide procurement network for solar, BVG has stepped into the International market as a Solar IPP player for developing utility-scale solar projects and expanded corporate offices in USA, Singapore and Africa. Gradually, the company has become one of the leading renewable EPC companies.
BVG has procured fully automated machinery and manufacturing line from an experienced manufacturer of turnkey line suppliers based in Europe. The first phase of manufacturing capacity is 500 MW, spread across 150,000 Sq.Ft. in Greater Noida, Uttar Pradesh, India is capable of manufacturing Mono-Facial, P Type Bi-facial, NType TopCon and All-Black modules using M10 and M12 half-cut cells.
500 MW PV module manufacturing facility is ready to start operations in FY 2023-24 with a vision of expanding manufacturing facility to 2 GW till 2026.
Mr. HR Gaikwad founded BVG in 1997 with the motive of creating job opportunities for rural youth. Beginning with 8 people team, now BVG’s manpower strength has reached to 90,000+ across the country. BVG provides various services, which include Mechanized Housekeeping, Landscaping and Gardening, Civil and Electrical Maintenance, Fabrication Services, Turn Key Solutions, Logistics Support & many more services required by any organization. We work with philosophy of partnership and help our customers to focus on their core areas by managing their non-core activities. Apart from Service BVG are into different sectors also like Pharmaceutical, Lifesciences, Food parks, Solid waste management etc.
Mr. Dhingra, 34+ years of exhaustive experience in senior positions in the Central Government of India, Nuclear Power Corporation and reputed companies such as Reliance Power, Lanco Infratech, BGR Energy multiple power sector veteran with over 10 GW of experience in execution and commissioning, in the coming years, BVG is expected to flourish and gain more traction.
“ Mr. Pankaj Dhingra, Director at BVG India, expressed his gratitude for the faith and trust demonstrated by all our stakeholders in the renewable industry to accomplish this milestone. We are on track to add 5 GW to our Solar PV project portfolio by 2030 with our in-house engineering, design and project management teams. With a goal of reaching 2 GW by 2026, our first phase of 500 MW solar module manufacturing will be fully operational by the end of FY 2023-24. BCD, BIS, and ALMM reflect a sudden increase in demand in the domestic market following its implementation. There is huge demand in countries such as the United States, Europe, Africa, Australia, Canada, New Zealand.”