The company was originally incorporated as a private limited Company under the Companies Act, 2013 in the name and style of ‘Sungarner Energies Private Limited’, dated April 30, 2015 issued by the Registrar of Companies, Delhi. Subsequently the Company altered its objects pursuant to a shareholders’ resolution passed at an extra-ordinary general meeting held on January 31, 2022, and a certificate of confirming alteration of object clause dated February 27, 2020, was issued by Registrar of Companies, Delhi. Subsequently, the name of the company was changed to ‘Sungarner Energies Limited’ pursuant to a shareholders’ resolution passed at an annual general meeting held on September 30 2022, and a fresh certificate of incorporation dated November 17, 2022 was issued by Registrar of Companies, Delhi.
Sungarner Energies Limited (SEL) was founded and promoted by Mr Sumit Tiwari in year 2015, with a motive of providing efficient and low-cost power solutions. The company is offering a wide range of power solutions such as Solar Power, UPS, Batteries, Inverters and Solar Panels. It provides solutions like design and engineering services in power sector to its customers.
At the start of its Journey ‘SEL’ was a Design Engineering and Solar EPC company and gradually company also diversified into Manufacturing of Power Electronics and Energy Storage Products. The company is also into manufacturing of Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries. The company has also obtained WMI code for manufacturing of EV Vehicles (although it has only developed prototype only and has not started full scale manufacturing of EV Vehicles). Company recognized the need for a dedicated R&D facility to innovate new product lines and it established a mid-size-in-house R&D facility in 2017 and staffed it with experts who will help the Company is Development of efficient power electronic product such as solar inverter, EV Chargers, harmonic filters, BMS system and Lithium Iron batteries.
Further, Research and development activities focus on the innovation of new products or services in a company. Among the primary purposes of R&D activities is for a company to remain competitive as it produces products that advance and elevate its current product line. Sungarner Energies produces lead acid batteries. SunGarner Products are available through its Distributors in to be successful in Lead acid batteries business apart from quality product distribution & Brand recognition is the backbone for growth in revenue. It has already established distribution network in some of the key market.
Business area of the company
The company is primarily engaged in the business of manufacturing of the solar Invertor and in the trading of batteries. Further it also engaged in the providing services such as Solar Power Plants Projects, Solar Power Generation System and Operation & maintenance.
Products of the company
- Solar invertors
- Rooftops
- Inverter batteries
- Online UPS
- PV module
History and milestone
- 2015: Incorporation of the company.
- 2016: Backed orders from DLF, Shapoorji Palonji, Modi group for its various power plants across India.
- 2017: Alteration of object clause of the Memorandum of Association by adding business of Manufacturing and/or assembly of Electric Vehicles, Electric Vehicle Conversion KIT and Lead Acid and Lithium-Ion Batteries.
- 2017: Formation of In-house R&D team for Industrial application at Gorakhpur.
- 2017: IIT, BHU recommendation received for its development of Solar Online UPS as innovative product.
- 2018: Manufacturing of power electronic products such as solar inverter, UPS etc. Further, started establishment of largest solar power plant for industrial application at Gorakhpur.
- 2021: Its First International Project was funded by UNDP to Bhutan Power Corporations for its Largest Solar Power Plant in Bhutan which was completed in 2021.
- 2022: It has done its largest solar project of Rs 500 crore of 900 KW and 378KW of VN Dyers & Processors in Gorakhpur.
- 2022: Alteration of Name clause of Memorandum of Association and subsequently the company was converted from Private Limited Company into Public Company.