ZF Steering Gear (India) Limited announces commissioning of its 5 MW Solar Power Project.
ZF Steering Gear (India) Limited (ZF India), the pioneers in Power Steerings in India, have successfully accomplished yet another power packed initiative. This achievement stands testimony to ZF India’s passionate efforts to foster sustainable and green energy solutions for a brighter tomorrow.
In the words of Mr. Utkarsh Munot – Executive Director of ZF India, “This project is an outcome of passion, innovation, expertise and a zealous team work of ZF India. ZF India is grateful to the Gujarat Government and the Hon’ble Chief Minister of Gujarat – Shri Narendraji Modi for showing trust in ZF India’s capabilities and offering ZF India an opportunity to endorse this benchmark project.”
The Solar Power Project is located at Gujarat Solar Park in Patan (Kutch) District of Gujarat. This project is in furtherance to ZF India’s commitment towards ‘Green- Initiative’. The Company already operates 6.7 MW Windmill Projects in Maharashtra, located at Satara and Ahmednagar.
This 5 MW Solar Project was awarded by the Government of Gujarat under the Gujarat Solar Policy, 2009. The plant adopts thin film technology using Market Leader First Solar Inc.’s Modules. The initial generation of Electricity, recorded so far from this Project, indicates that the project is one of the best performing solar Projects in Gujarat. Electricity generated from the plant is being purchased by Gujarat Urja Vikas Nigam Ltd. (GUVNL), as per the Power Purchase Agreement (PPA) signed with Govt. of Gujarat. The PPA is valid for 25 years.
Mr. Dinesh Munot, Chairman and Managing Director said,” The commissioning of this Project exhibits ZF India‘s commitment to Renewable Energy and the Company will explore more such opportunities to invest in the Green Energy.”
ZF India is the pioneer in Manufacturing and Supply of Integral Hydraulic Power Steering Systems in India.
ZF India’s product range is widely trusted by Indian and overseas customers. Power Steering Gears for Heavy Commercial Vehicles, Medium and Light Commercial Vehicles, Multi Utility Vehicles and Sports Utility Vehicles, Hydraulic Rack & Pinion for Passenger Cars, Mechanical Steering Gears for tractors, Mechanical Rack and Pinion Steering System for Commercial vehicles are the various products manufactured under one roof by ZF India.
Installed capacity of ZF India’s state-of-the-art plant is 2,50,000 units of Power Steering Systems, 2,00,000 units of Mechanical Steering Gears and 50,000 units of Hydraulic Rack and Pinion Steering Systems per annum.
ZF India has a vast knowledge base and application engineering expertise as its major strengths. Latest manufacturing infrastructure and design technologies are in place to ensure compliance to strict quality norms.
ZF India is a TS 16949 Quality Certified Company along with ISO 14001 Environment Management System Certification.
The rapid growth of ZF India testifies to its unique customer initiatives, distribution network spread and strategic partnerships. Armed with vast and reliable sales and marketing expertise, the company has reached across the country covering all segments of Automotive manufacturing locations.
The Company is consistently investing in Green Energy projects and taking environmental initiatives such as rainwater harvesting plant, water recycling through lubricant separation and power credit strategies.
As per news published in Economic Times
Posted On: 26/4/2012