TEM: Mr. Sehgal, thank you for joining us today. To begin, could you share a
bit about your background and the journey that led you to establish Alpex
Solar?
Ashwani Sehgal: Certainly. I graduated as a Mechanical Engineer from
Punjab University in 1986 and started my career with Punjab Tractor Limited
(PTL). After six years at PTL, I ventured into entrepreneurship and founded
Alpex Solar Limited in 1993. My extensive travels made me acutely aware of
the detrimental impacts of global warming and the pressing need for green
energy solutions. This awareness drove me to focus on promoting clean
energy, initially in wind energy and subsequently in solar energy.
TEM: Alpex Solar has seen significant growth over the years. Could you
highlight some of the company’s key milestones?
Ashwani Sehgal: Certainly. One of our significant milestones was the
successful operation of a 35 MW installation in Neyveli, NLC, since 2016.
Following that, we commissioned a 65 MW project in Bhadla, NTPC, and a 25
MW installation in Nasik, HAL, both operational since 2016 and 2017,
respectively. These projects underscore our commitment to delivering large-
scale solar solutions.
TEM: The renewable energy sector is rapidly evolving. How is Alpex Solar
positioning itself to stay ahead in this dynamic environment?
Ashwani Sehgal: We’re embarking on an ambitious expansion program. Our
goal is to double our photovoltaic solar module capacity to 2.4 GW.
Additionally, we’re exploring a foray into solar cell manufacturing, aiming for a
1.6 GW capacity plant at Kosi Kotwan, Mathura. This vertical integration will
enhance our product offerings and solidify our position in the market.
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