Embarking on the vision of Hon. Prime Minister to achieve a target of 280 GW in solar and 500 GW in overall renewables, BVG have reduced more than 792,000 MT Per Year of carbon emission by installing more than 600 MW of solar plants with a portfolio of more than 1 GW, shared Pankaj Dhingra, Director, BVG India in an interview with Energetica India.
Que: Please give us BVG India’s introduction. What has been its contribution to the different verticals of the renewable energy sectors?
Ans: BVG India was founded in the year 1997 with 8 members and today, we have a strong team of over 80,000 employees spread across 70+ cities, and 20+ states in India, having three major business verticals i.e. facility management, emergency medical services, life sciences and renewable energy.
BVG India commenced the Renewable Energy Business Unit in the year 2016 with a strong vision of providing best-in-class engineering, design and execution of turnkey solar projects with a strong emphasis on qualit & safety.
BVG has extensive experience in delivering 600+ MW in committed time and maintaining high quality and HSE standards for reputed IPP and Government Agencies. The company has a strong portfolio of more than 1 GW in India and the international market.
As an expansion arm to the renewable energy business unit, BVG India is establishing Multi-Gigawatt Solar Module Manufacturing facilities. The first phase covers 500 MW manufacturing capacity of solar modules which is capable to produce M10 and M12 half-cut cells. The first phase will be operational in FY 2023-24 and is designed to produce more than 2,600 modules per day.
Having strong competency in power electronics, BVG India has in-house capability to manufacture controllers for solar water pumps which is proven to have 30 percent more efficiency than Japanese and German technology and successfully completed turnkey projects for solar water pumps.
BVG is having strong financial credentials, and in-house design team, projectmanagement and a wide procurement network for solar and battery energy storage system. The company has stepped into the International market as an IPP Company for solar projects on a utility-scale. As an enabler, BVG has expanded offices in USA, Singapore and Africa. Gradually, the company has become one of the leading renewable EPC in India.
Que: Tell us about the company’s journey along with the milestones achieved.
Ans: BVG India presently has a portfolio of more than 1GW. With a mission to contribute towards the vision of Hon. Prime Minister to achieve a target of 280 GW in solar and 500 GW in overall renewables; BVG has the vision to achieve at least 5 GW of projects by 2030.
Under the renewable energy business unit, there are a set of business portfolios i.e. turnkey solar EPC, 500 MW solar module manufacturing, plastic to fuel plant and manufacturing controllers for solar water pumps.
BVG India marked its first-ever milestone in the renewable energy business unit by completng a 100 MW EPC project for a reputed government client in a record time of 6 months which included land acquisition and grid side sub-station, followed by expanding footprints in the International market with 200 MW hybrid project in South-East Asia and 30 MW project in Africa as an IPP. BVG has also successfully commissioned more than 500 MW of solar projects for renowned IPP companies.
European solar module manufacturing unit of 500 MW capacity adds up to one more milestone for the company. Solar modules will serve EPC companies and IPPs in India and will look forward to exporting to EMEA, Asia-Pacific and USA.
Que: Could you provide us with an overview of BVG Group’s indigenous solar module manufacturing facility including details about its infrastructure and production capacity?
Ans: BVG India is setting up one of the largest and fully-automated European solar module manufacturing units in Greater Noida, India. The first phase of manufacturing capacity is 500 MW, spread across200,000 Sq.Ft. and is capable to produce Mono-Facial, P Type Bi-facial, N-Type TopCon and All-Black modules using M10 and M12 half-cut cells.
Our machineries are fully upgradable to next-generation technologies with state of art PV module manufacturing and are also capable of automatic visual inspection. BVG has procured end-to-end machinery and manufacturing lines from an experienced manufacturer of turnkey line suppliers based in Europe.
Que: Give a glimpse of BVG India’s growth path to further contribute to renewable energy in India and the international market space.
Ans: BVG has reduced more than 792,000 MT Per Year of carbon emissions by installing more than 600 MW of Solar plants with a portfolio of more than 1 GW
BVG looks ahead to add up to 5 GW to the solar EPC portfolio, following with starting operations of 500 MW of fully-automated solar module line imported from Europe in FY 2023-24 with a vision of expanding manufacturing facility to 2 GW till 2026.
Having a stron reach and presence in Pan India, BVG has expanded its operations in countries like USA, Singapore and Africa regions and also plans to develop solar projects along with BESS on international grounds as IPP.
BVG India eyes Green Hydrogen and Green Ammonia projects in India, West Asia, North Africa and Asia-Pacific region and also plan to set up Hydrogen Electrolyzer manufacturing and lithium battery assembly unit in India.
Recently, BVG signed an MOU with a reputed Australian company to set up a utility-scale project of Solar and Battery Energy Storage System (BESS) in Australia.
BVG India is also in advance talks with potential partners for BESS, Green Hydrogen, Green Ammonia, and Hydrogen Electrolyzer Manufacturing.