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CORE VALUES
The vision-to be a market leader:-

most competitive, innovative conglomerate and, while ensuring global reach, to be a preferred partner for
world


THE MISSION TO REIN THE EXCELLENCE:-

To provide qualitative, reliable and cost-effective products and services par excellence, technological
prowess, professionalism and customer satisfaction.


CORPORATE PHILOSOPHY TO DELIVER VALUE:-

To exploit the advantages of technological innovations and pass on the benefits to the end user through
transparent, ethical and customer friendly policies.


THE PEOPLE- CREATIVE THINKER:-

Suryachakra has at its helm, a highly energetic and experienced team that drives the Corporate to achieve its
goals. Team expertise covers a gamut of specialized areas including Management, Finance, Technical,
Commercial, Administration and Agri based Infrastructure development especially in the area of power
generation and urban infrastructure. Suryachakra has been pioneer in Solar Thermal Technologies in India.
The Group as a whole is set to continuous learning, on-job training, seminars, technical and profession-
specific workshops, interactive meets with field and industry experts at regular intervals for capacity building.




Projects on fossil fuel –diesel (existing):-

The company is actively engaged in the generation of power in line with the National Policy.


Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near
Port Blair, Andaman Islands at a cost of Rs. 850 million and dedicated it to the Nation. The plant has been in
successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion.


Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in
Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded
by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by
Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001:
2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed
company on the Bombay Stock Exchange[BSE].
This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power
Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till
2008. Promoters bought back the stake of Caterpillar in 2006.


Caterpillar Appreciation Letter

The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was
supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a
subsidiary of Caterpillar Inc, USA.


SPCL is the flagship company of Suryachakra Group with interests in the following business areas:


Renewable Energy (Biomass, Solar, Wind)
Clean Technology based Super Critical Power Plants (Coal)
   The company has been accredited with ISO certificate for the plant at Port Blair.
   The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International
(Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment
companies.
   SPCL launched five wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and
MSM Energy Limited.
   SPCL received License for Power Trading.
   Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/-
each at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE).
The Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN.
   SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass
based power plant at MIDC Hingoli, Maharashtra.
   4 out of 5 biomass projects already registered with UNFCCC for carbon credits.
   Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal
Technology, for setting up of Solar Thermal power projects in India.
   Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority.
   SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in
   Chhattisgarh.
   SPCL started commercial operations during May 2008.
   Signed MoU with MP Government for implementation of coal projects.
   South Asian Agro Industries started commercial operations during Jan 2009.
Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First
Climate/CCI, as investment partner in Renewable Energy Portfolio.


hails from Agricultural & Business Family, Bhimavaram, West Godavari District, Andhra Pradesh and a
qualified M. B. B. S., Doctor. He was engaged in Agriculture and Rice milling Business and operated 6 Rice
Mills belonging to the family during the period from 1974-87. He had served as President of Bhimavaram Rice
& Oil Merchants Association during 1983-87. He also operated Deep-sea Foreign Fishing Vessels on Charter
basis during 1987-92 and developed various International Business Connections.


Since 1992 he was engaged in Aqua-culture Business. During this period he was also engaged in
Construction & Operation of Prawn/Fish Tanks, Hatchery, and Feed Mill & Processing Plants which earned
profits continuously from 1992 to 1996.
Inspired by the liberalization policies of Govt. of India, during 1995 he diversified into setting up Power
Generation Plants following the Privatisation of Power Sector. He promoted Suryachakra Power Corporation
Limited and extensively worked on Power projects and gained good experience in all aspects of Power
Projects.


is an Engineering graduate with 29 years of Experience in various Engineering and Power Projects and is
presently working as Senior Vice President in Power Sector Company. He is also member of Indian Institute
of Materials Management.


is a Post Graduate in Economics. He has worked in different capacities with State bank of India and retired as
Deputy Managing Director and Chief Financial Officer in the year 1999. He is empanelled as an arbitrator with
national Stock Exchange of India Limited, Kolkatta and also listed in the panel of arbitrators with NCDEX,
Mumbai.


is as Technical Director to guide, advise & monitor the technical and operational aspects of the company. He
is aged 64 years is an Electrical Engineering Graduate from Andhra University. Waltair, Andhra Pradesh and
has got vast experience of more than 45 years in power and infrastructure development. He had served in
various capacities in central public sector undertakings viz., Heavy Engineering Corporation Limited, Ranchi,
Jharkhand State in various fields. He has visited France and Germany.


He worked in ITC Bhadrachalam


Paper Board Bhadrachalam, Khammam Distreict, and Andhra Pradesh for 10 years and retired as a Chief
Engineer (Projects) during July 1998.


He has vast experience in project planning, development, implementation and operation.


holds a Masters Degree in Physics from University of Delhi, PG Diploma in Management from AIMA, New
Delhi and Diploma in French & Japanese. He is the Managing Director & CEO of Asia Pragati Capfin Private
Limited, RBI registered special situations financing NBFC which is 100 owned by an offshore fund
headquartered in USA. Prior to that, he worked as the Chief General Manager of State Bank of India. He
brings in 33 years of deep understanding and knowledge of the Indian & Global Economy. He is also the
Chairman & Managing Director of Swarna Pragati Housing Microfinance Private Limited. He is on the Board
of the Company since August 10, 2010.


Dollygunj Junction, Dollygunj Post,
South Andaman, Port Blair- 744 103
Phone : + 91 – 03192 – 252445
Fax : + 91 – 03192 – 251750
E-mail : admin@suryachakra.com
Suryachakra Power Corporation Limited,
Plot # 304 L, Road No.78, Film Nagar,
Jubilee Hills, Hyderabad – 500033
Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax : +91 – 40 – 2354 1339
Bambooflat, Near Fire Brigade,
South Andaman, Port Blair 744 107
Andaman and Nicobar Islands
Tel :+ 91 – 03192 – 258787/258810
Fax :+ 91 – 03192 – 258711



Fossil-thermal(proposed)

Suryachakra is committed to implement clean coal technologies. Clean coal technologies are environment
friendly and contribute to reduce fuel consumption with higher efficiency. Suryachakra has partnered with
Shapoorji & Pallonji(S&P) a leading EPC Contracting Company in Infrastructure segment with proven
expertise in successful project execution and commissioning. S&P is action as EPC Contractor and investing
in the Equity for 300MW(2x150MW) coal project in Andhra Pradesh.


Suryachakra Energy (Chattisgarh) Pvt. Ltd. [SECPL] is setting up 1320MW(2x660MW) Clean technology/
Ultra Super Critical coal based power plant in Sapos village, Janjgir-Champa District, Chhattisgarh. The
project shall be implemented in two phases of 660 MW each. SECPL has a MoU with the Government of
Chhattisgarh and the State Investment Promotion Board provides necessary support by way of clearances
and approvals. The company has been allocated land and water. Central Electricity Authority has already
recommended to the Ministry of Power for coal linkage. The company’s coal linkage application is under
active pursuance by the Ministry of Coal, Government of India. SECPL’s SPV Suryachakra Energy
(Chhattisgarh) Pvt. Ltd, has entered into a MoU with a State Mineral Development Corporation for allotment of
coal under Government Dispensation Scheme(GDS).
Namratha Bizili Private Limited [NBPL] a Suryachakra group company, is setting up a 2x150MW coal
based power plant at Gunipudi Village, Visakhapatnam District, Andhra Pradesh. For land acquisition
agreement has been signed. Coal import agreement has been entered into with a leading company in
Indonesia.
Suryachakra Thermal Energy (Andhra) Private Limited [STEAPL] is setting up a 1320MW(2x660MW)
Clean Technology/Ultra Super Critical coal based power plant in phases at Gunipudi Village, Nakkapalli
Mandal, Visakhapatnam District, Andhra Pradesh. The Government of Andhra Pradesh has recommended to
the Ministry of Coal for Coal linkage. Coal linkage is under active pursuance. A Detailed project report has
been prepared and the project has received permissions/ approvals for usage of sea water. The project
location is strategically located for supplementing the fuel supplies to the project through coal imports. CEA
has already recommended to the Ministry of Power for coal linkage and the coal linkage application is under
active pursuance by the Ministry of Coal, Government of India.Power will be sold in the market.
Suryachakra Thermal (Madhya Pradesh) Private Limited [STMPPL], a Suryachakra group company, is
setting up a 1320MW (2x660MW) Clean Technology Super Critical coal based power plant in Sidhi district,
Madhya Pradesh. The project is being set up under MoU with the Madhya Pradesh Government. Land
acquisition is under process. Coal linkage is under process with the MoC. Environment Clearance is under
process.


The Group is in the process of developing upto 200MW as Group Captive Power Plant for supply to textile
units in Gujarat. Also, the promoters of the group are setting up a 2 million MTPA Cement Plant along with a
Captive Power Plant of 60MW in Gujarat.




Renewables(biomass):-
Clean Power for the nation


Suryachakra Global Enviro Power Limited(SGEPL), a wholly owned subsidiary of Suryachakra, had an
opportunity in the renewable energy source to establish a 9.8 MW biomass fuel based power plant with the
site area of 30 acres near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project
operations started in the May 2008. The project is under operations through a long term power purchase
agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been
registered with the UNFCCC for receiving of CERs (Certified Emission Reduction).


In addition to the existing power plant, SGEPL is pursuing on further growth and expansion activities. It is
envisaged that the grant of open access would generate attractive revenues. SGEPL expansion activities
includes the power project of 20 MW with backward integration of plantations project in a way to create a
sustainable biomass model to support not the biomass dearth situations but also to provide continuous fuel
supply to the dependent power plants.


Suryachakra has created a Renewable Energy Vertical for focused growth. As part of the restructuring,
Suryachakra Global Enviro Power Limited is the Holding Company for South Asian Agro Industries Ltd, MSM
Energy Limited and Sri Panchajanya Power Private Limited.


First Climate, Zurich, entered into Shareholder / Subscription Agreements for 22% equity in the Renewable
Energy Portfolio. First Climate is currently managing funds of over EURO 250 million. It has offices spread
across 4 continents. First Climate advises leading institutional investors, most of them AAA rated.


First Climate is one of Europeans leading carbon asset management companies with offices in five continents
for more than ten years’ experience in the market. First Climate develops finances, and implements CDM, JI
and VER projects, purchases the resulting carbon credits, and customizes trading solutions for companies
subject to the EU ETS. As investment advisor to several institutional investors, First Climate structures and
develops carbon and renewable energy funds and related instruments with currently around Euro 250 million
under management. First Climate offers unique hybrid carbon-project finance solutions in the way of their own
managed funds along with their third party network investor funds. It also has early access to attractive
investment opportunities in carbon and renewable energy through its local operations.


Dr. S. M. Manepalli, Managing Director
Mr. K Vijay Kumar, Director
Mr. K Satyanarayana, Director
Mr. V S Murthy, Director
Mrs. B. N. Raja Kumari, Director
Mr. K. Veeraiah
Registered Office :
Suryachakra Global Enviro Power Limited
Plot # 304 L, Road No.78, Film Nagar,
Jubilee Hills, Hyderabad – 500033
Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax : +91 – 40 – 2354 1339
Administrative Office
Banglw No 43, Aishwarya Residency,
Opp: G K Motors,G E Road, Telibandha, Raipur – 492006
Tel: 0771 – 6532755
Fax: 0771 – 4266351
E-mail: saail_cg@yahoo.co.in
Factory :
Madwa Village
Post: Basanthpur Tehsil, Janjgir,
Champa – 495 671
Tel : 07819 – 281402
e-mail : lahari_champa@rediffmail.com


South Asian Agro Industries Limited (SAAIL) a wholly owned subsidiary of Suryachakra Global Enviro Power
Limited, has established a 9.8MW biomass based power plant at Khajuri village in Baloda Bazar Tehsil,
Raipur District, Chhattisgarh. The plant is expected to generate 9.8 MW Power on a continuous basis after
commissioning. The plant started commercial operations in end December 2008.


The project is under implementation through long term power purchase agreement with the Chhattisgarh
State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for
receiving of CERs.


As part of its expansion activity the company is setting up a 20 MW biomass based project near 9.8 MW
biomass based power plant at Khajuri village, Baloda Bazar Tehsil, Raipur district, Chhattisgarh.


Registered Office :
South Asian Agro Industries Limited
Plot # 304 L, Road No.78, Film Nagar,
Jubilee Hills, Hyderabad – 500033
Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax : +91 – 40 – 2354 1339
Administrative Office:
Banglw No 43, Aishwarya Residency,
Opp: G K Motors,G E Road, Telibandha, Raipur – 492006
Tel: 0771 – 6532755
Fax: 0771 – 4266351
E-mail: saail_cg@yahoo.co.in
Factory :
Khajuri Village, Dhabadih Panchayat,
P.O. Raseda, Via – Balodabazar Tehsil,
Raipur District – 493 332
MSM Energy Limited , Parbhani Plant


MSM Energy Limited, a wholly owned subsidiary of Suryachakra Global Enviro Power Ltd (SGEPL), is setting
up a 10 MW Biomass based power generation plant at Borwand Village in Parabhani district. The project has
received all the required permissions, clearances and is being set up in an extent of 20.38 acres of land at
Borwand Village. The project has long term PPA with MSEDCL. The project commercial operations
commencedduring Nov’2010. The project has been registered with the UNFCCC for receiving of CERs.
As a part of its expansion activity the company proposed to set up a 15 MW biomass based project near 10
MW biomass based power Project near Borwand Village in Parabhani district, Maharashtra.


MSM Energy Limited, Amravathi Plant


MSM Energy Limited, a wholly owned subsidiary of SGEPL, is setting up a 10 MW Biomass based power
generation plant at Kholapur village in Amravathi district, Maharashtra.


The project has received all the required permissions, clearances, and is being set up at Kholapur village in
Amravathi District in an extent of 24.35 acres for the implementation of project. The project has a long term
PPA with MSEDCL. The project commercial operations shall commence by Oct’2010. The project has been
registered with the UNFCCC for receiving of CERs.


MSM Energy Limited is expanding its activities and is setting up biomass power plants – 20MW in Amravathi
district and a 10 MW plant in Parbhani disgtrict, Maharashtra.


Mr. P. K. Battacharjee, Chairman
Dr. S. M. Manepalli, Director
Mr. K. Vijay Kumar, Director
Mr. V. S. Murthy, Director
Mrs. B. N. Raja Kumari, Director
Mr. K. Veeraiah, Director
Registered Office :
M.S.M Energy Limited
Plot # 304 L, Road No.78, Film Nagar,
Jubilee Hills, Hyderabad – 500033
Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax : +91 – 40 – 2354 1339
Administrative Office:
1 st Floor, Employment Exchange Office,
Gavane Road, Dr. Sony House,
Parbhani Dist – 431 401, Maharashtra.
Tel : 02452 – 220980
Factory :
Borwand B.K.Village,
Parbhani District – 431 401,
Maharashtra.
Kholapur Village,
Bathokoli Tehsil,
Amaravati District – 444 802, Maharashtra.


Sri Panchajanya Power Private Limited is setting up a 10 MW Biomass based power generation plant at
MIDC, Limbala village, Hingoli, Hingoli District, Maharashtra State. SPPPL taken 84 acres of land at MIDC
under long term lease.


Sri Panchajanya Power Pvt. Ltd,(SPPPL) a subsidiary of Lahari Power and Steels Limited, has received all
the necessary permissions, clearances and is under active implementation through Engineering procurement
and Contract (EPC) with M/s. Ushodaya Energy & Project Consultants Pvt. Ltd., Hyderabad. The project has
long term PPA with MSEDCL. The project is being pursued for registration under gold standards with the
UNFCCC. The project operations commenced in Sept’2010.


SPPPL is establishing a 5 MW CSP at the same site and is in the process of expansion of its biomass plant
capacity by 15 MW in Hingoli district, Maharashtra.


Dr. S. M. Manepalli, Chairman
Mr. K Vijay Kumar, Director
Mrs. B. N. Raja Kumari, Director
Mr. K. Veeraiah, Director
Registered Office :
Sri Panchajanya Power Pvt Ltd
Plot # 304 L, Road No.78, Film Nagar,
Jubilee Hills, Hyderabad – 500033
Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98
Fax : +91 – 40 – 2354 1339




Proposed

Renewable biomass proposed

Gujarat, Madhya Pradesh,A&N island

As a part of the future expansion activities, Suryachakra Group has taken initiatives to set up renewable
energy (biomass) power projects in the states of Gujarat, Chhattisgarh, Maharashtra etc.


Proposed
Renewable solar proposed

Joint venture




Suryachakra MSM Solar India Pvt Ltd [SMSMSIPL], is a joint Venture company formed between
Suryachakra Power Venture Private Limited and Solar Millennium AG (SMAG), Germany to setup
concentrated solar thermal technological projects in India as well as the transfer of Concentrated Solar
Thermal Technology to Solar Thermal project developers in India. The JV has brought together two qualified
players in the field of power sector.


Suryachakra Solar Millennium AG JV aims to indigenize the technology components and minimize import of
critical components of the solar field and achieve cost reductions. The JV has already covered significant
ground in this direction and is geared to meet the opportunities arising out of the Jawaharlal Nehru National
Solar Mission’s (JNNSM) target of 20,000 MW capacity by 2022. Suryachakra – Solar Millennium AG JV is
developing CSPs at various locations in India.


In view of our combined strength along with our partner Solar Millennium AG, Germany (SMAG).


The following group companies of Suryachakra Power Corporation Limited are implementing CSPs at various
locations in India.
Suryachakra Power Venture Private Limited [SPVPL], a Suryachakra group company, has entered into a joint
venture with global leader and a pioneering Concentrating Solar Thermal Technology firm, Solar Millennium
AG of Germany for joint development of Solar based Power Projects in India. The Joint Venture Company
has been named as Suryachakra MSM Solar India Pvt Ltd.


South Asian Agro Industries Limited, a wholly owned subsidiary of SGEPL, has entered into Solar Thermal
power generation as diversification activity. The company is setting up a 5MW concentrated solar thermal
power generation plant at Khajuri village in Baloda Bazar Tehsil, Raipur District, Chhattisgarh. The project has
received in-principle approval from Chhattisgarh State Renewable Energy Development Agency [CREDA],
entered into PPA with CSPDCL and MNRE has registered the project for award of Generation based
incentive to the project. The project is under active implementation.


Suryachakra Power Venture Private Limited [SPVPL], is setting up a 5 MW Solar Thermal Power Plant in
Kadiri, Anantapur district, Andhra Pradesh. Land allocation has been done and power purchase agreement
has been entered into with APCPDCL. NEDCAPL has accorded in-principle approval and MNRE has
registered the project for award of Generation based incentive to the project. The project is under active
implementation.


Andasol 1
In 2006, Solar Millennium AG has developed Cooperation with GE Energy Financial Services. Solar Millennium AG
  commenced Andasol-2 plant’s Financial Closure from 12/2006 with the start of construction.


Andasol 1& 2




Small hydro proposed

Surya Powergen Private Limited , a Suryachakra group company, is setting up 10 MW hydro power project
on Mushal river at Gherbang, Keonjhar district, Orissa.

Suma Powergen Private Limited, a Suryachakra group company, is setting up 12.75 MW hydro power
project on Mushal river at Gherbang, Keonjhar district, Orissa. Another 5 MW hydro power project is being set
up on Mushal river at Tinidharja, Keonjhar district, Orissa.


Wind project

Mauktika Energy Limited (MEL), a Suryachakra group company is setting up 250 MW wind power project in
Hoshangabad, Madhya Pradesh. Wind monitoring is under progress.


Suryachakra has already entered in to an agreement with First Climate, Zurich for equity holding in its
Renewable Energy portfolio.


Annual report 2007-08:-

The company is actively engaged in the generation of power in line with the National Policy.


Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near
Port Blair, Andaman Islands at a cost of Rs. 850 millions and dedicated it to the Nation. The plant has been in
successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion.


Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in
Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded
by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by
Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001:
2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed
company on the Bombay Stock Exchange[BSE].


Project Development Partners


Caterpillar


This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power
Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till
2008. Promoters bought back the stake of Caterpillar in 2006.


Caterpillar Appreciation Letter


Reliance Energy Limited (Formerly BSES)


The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was
supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a
subsidiary of Caterpillar Inc, USA.


SPCL is the flagship company of Suryachakra Group with interests in the following business areas:
POWER GENERATION:


Renewable Energy (Biomass, Solar, Hydro, Wind)
Clean Technology based Super Critical Power Plants (Coal and Gas)


POWER TRADING


COAL TRADING


ENGINEERING AND CONSULTANCY


Key Developments
The company has been accredited with ISO 9001-2008 certificate for the plant at Port Blair.
The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International
(Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment
companies.
SPCL launched three wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and
MSM Energy Limited.
SPCL received License for Power Trading.


Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/- each
at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE). The
Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN.


SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass
based power plant at MIDC Hingoli, Maharashtra.
4 out of 5 biomass projects already registered with UNFCCC for carbon credits.
Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal Technology,
for setting up of Solar Thermal power projects in India.
Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority.
SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in Chhattisgarh.
SPCL received No Objection Certificate for setting up of 70 MW coal washery rejects / coal based power plant
in Chhattisgarh.
Lahari Power & Steels started commercial operations during April’ 2008.
Signed MoU with MP Government for implementation of coal projects.
South Asian Agro Industries started commercial operations during Jan’ 2009.
Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First
Climate/CCI, as investment partner in Renewable Energy Portfolio.


Suryachakra has partnered with Shapoorji & Pallonji (S&P) a leading EPC Contracting Company in
Infrastructure segment with proven expertise in succ
The company is actively engaged in the generation of power in line with the National Policy.


Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near
Port Blair, Andaman Islands at a cost of Rs. 850 millions and dedicated it to the Nation. The plant has been in
successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion.


Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in
Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded
by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by
Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001:
2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed
company on the Bombay Stock Exchange[BSE].


Project Development Partners


Caterpillar


This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power
Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till
2008. Promoters bought back the stake of Caterpillar in 2006.


Caterpillar Appreciation Letter


Reliance Energy Limited (Formerly BSES)


The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was
supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a
subsidiary of Caterpillar Inc, USA.


SPCL is the flagship company of Suryachakra Group with interests in the following business areas:


POWER GENERATION:


Renewable Energy (Biomass, Solar, Hydro, Wind)
Clean Technology based Super Critical Power Plants (Coal and Gas)


POWER TRADING


COAL TRADING


ENGINEERING AND CONSULTANCY
Key Developments
The company has been accredited with ISO 9001-2008 certificate for the plant at Port Blair.
The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International
(Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment
companies.
SPCL launched three wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and
MSM Energy Limited.
SPCL received License for Power Trading.


Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/- each
at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE). The
Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN.


SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass
based power plant at MIDC Hingoli, Maharashtra.
4 out of 5 biomass projects already registered with UNFCCC for carbon credits.
Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal Technology,
for setting up of Solar Thermal power projects in India.
Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority.
SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in Chhattisgarh.
SPCL received No Objection Certificate for setting up of 70 MW coal washery rejects / coal based power plant
in Chhattisgarh.
Lahari Power & Steels started commercial operations during April’ 2008.
Signed MoU with MP Government for implementation of coal projects.
South Asian Agro Industries started commercial operations during Jan’ 2009.
Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First
Climate/CCI, as investment partner in Renewable Energy Portfolio.


Suryachakra has partnered with Shapoorji & Pallonji (S&P) a leading EPC Contracting Company in
Infrastructure segment with proven expertise in successful project execution and commissioning. S&P is
acting as EPC Contractor and investing in the Equity.


Board of Directors


Mr. P.Visweswara Rao IAS (Retd.), formerly Chief Secretary to Government of Andhra Pradesh is a BA
(Hons) Graduate with a Law degree and IAS. He has forty years of Administrative experience at District, State
and National levels. He worked in different capacities and retired as Chief Secretary to the Government of
Andhra Pradesh. He also worked as Chairman of Infrastructure Authority of Andhra Pradesh.


Dr.S.M.Manepalli hails from Agricultural & Business Family, Bhimavaram, West Godavari District, Andhra
Pradesh and a qualified M. B. B. S., Doctor. He was engaged in Agriculture and Rice milling Business and
operated 6 Rice Mills belonging to the family during 1974-87. He had served as President of Bhimavaram
Rice & Oil Merchants Association during 1983-87. He also operated Deep-sea Foreign Fishing Vessels on
Charter basis during 1987-92 and developed various International Business Connections.
Since 1992 he was engaged in Aqua-culture Business. During this period he was also engaged in
Construction & Operation of Prawn/Fish Tanks, Hatchery, and Feed Mill & Processing Plants which earned
profits continuously from 1992 to 1996.


Inspired by the liberalization policies of Govt. of India, during 1995 he diversified into setting up Power
Generation Plants following the Privatisation of Power Sector. He promoted Suryachakra Power Corporation
Limited and extensively worked on Power projects and gained good experience in all aspects of Power
Projects.


M.Seshavatharam hails from business community. He has to his credit varied business experience. He has
gained experience particularly in power projects, agriculture, fresh water fish culture. He is the Director on the
Board of M/s. Suryachakra Power Corporation Limited a company which established a 20Mw Independent
Power Project at Port Blair in Andaman & Nicobar Islands. He is also a Director in various other Companies
whose main business is generation of Power.


Mr.Mahesh Chand is an Engineering graduate with 29 years of Experience in various Engineering and Power
Projects and is presently working as Senior Vice President in Power Sector Company. He is also member of
Indian Institute of Materials Management.


Mr. P. K Bhattacharjee is a Post Graduate in Economics. He has worked in different capacities with State
bank of India and retired as Deputy Managing Director and Chief Financial Officer in the year 1999. He is
empanelled as an arbitrator with national Stock Exchange of India Limited, Kolkatta and also listed in the
panel of arbitrators with NCDEX, Mumbai.


Commodore K.V.Subramaniyam, YSM(Retd.) Worked with Indian naval and Indian Cost Guard for 31/2
decades. In his Carrier he has commanded many ships & submarine. He was also the Indian Naval
Commander for IPKF at Srilanka. He was Indian Naval Advisor at Embassy of India Bonn, Germany with
concurrent accreditation to France and the Nether Lands. It was during that period, he conceived the Idea &
concept for Solar Thermal Power for India. He is presently the Director of Suryachakra Power Venture Pvt.
Limited and Suryachakra MSM Solar India Pvt. Limited.


Mr.K.Satyanarayana has over 30 years of experience in projects, project management. He hails from
Agricultural Family, Khammam District, Andhra Pradesh and an AMIIPE Graduate. He had extensively
worked on infrastructure projects during his 15 years stay in Malaysia.


He Worked as a Mechanical Engineer for M/s. MHES SDN.BHP Petaling Jaya, Selangoor, Malaysia. And
from 1996 to 2002 worked as Project Engineer and Project Coordinator with M/s. ENRINCO SDNBHD & M/s.
Para Waters SDN.BH.


He worked for M/s. Nava Bharat Ferro Alloys Limited, Polancha, Khammam District, Andhra Pradesh. He is
also a Director in various other companies.


Mr. K.B.Trehan is an engineer with 40 plus years of experience in mining, power steel and management
areas. In the year 1994-95 presented the best manager’s award. He was also awarded Mrs.Bala Tandon
awarded for upgrading the quality of life of mine workers. He is ex-council member, MGMI. He is former
member, Board of mining Exams (Coal) in India. He was also awarded the “Coal India Trophy” for the best
project management in 1995.
Mr. V.S.Murthy is as Technical Director to guide, advise & monitor the technical and operational aspects of
the company. He is aged 64 years is an Electrical Engineering Graduate from Andhra University. Waltair,
Andhra Pradesh and has got vast experience of more than 45 years in power and infrastructure development.
He had served in various capacities in central public sector undertakings viz., Heavy Engineering Corporation
Limited, Ranchi, Jharkhand State in various fields. He has visited France and Germany.


He worked in ITC Bhadrachalam Paper Board Bhadrachalam, Khammam Distreict, and Andhra Pradesh for
10 years and retired as a Chief Engineer (Projects) during July 1998.


He has vast experience in project planning, development, implementation and operation.


Mr. T. Venkata Raju holds a Bachelors Degree in Computer Science & Engineering from Nagarjuna
University and gained vast experience in the Software industry as Project Leader in Amdocs. He holds an
Executive Director position in Suryachakra Thermal Energy (Andhra) Pvt. Ltd and he is also on the Boards of
Suryachakra Power Corporation Limited, Suryachakra Global Enviro Power Limited, South Asian Agro
Industries Limited, M.S.M. Energy Limited, Sri Panchanjanya Power Private Limited.


Mr. A. Ramesh Kumar holds a Masters Degree in Physics from University of Delhi, PG Diploma in
Management from AIMA, New Delhi and Diploma in French & Japanese. He is the Managing Director & CEO
of Asia Pragati Capfin Private Limited, RBI registered special situations financing NBFC which is 100 owned
by an offshore fund headquartered in USA. Prior to that, he worked as the Chief General Manager of State
Bank of India. He brings in 33 years of deep understanding and knowledge of the Indian & Global Economy.
He is also the Chairman & Managing Director of Swarna Pragati Housing Microfinance Private Limited. He is
on the Board of the Company since August 10, 2010.


Suryachakra global environment power ltd




Clean Power for the nation


Suryachakra Global Enviro Power Limited, a wholly owned subsidiary of Suryachakra, seized an opportunity
in the renewable energy source to establish a 9.8 MW biomass fuel based power plant on a 30 acres site
near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project operations started in
May’2008. The project is under operation through long term power purchase agreement with the Chhattisgarh
State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for
receiving of CERs.


It is looking for further growth and expansion activities. It is envisaged that grant of open access would
generate attractive revenues. SGEPL is on an expansion mode. An integrated power project of 20 MW
capacity with a paddy mill and an oil extraction unit is being setup. As a long term source, an Energy
plantation is proposed. Further, a 40 MW biomass project has been planned in Andhra Pradesh.
scpcl

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scpcl

  • 1. CORE VALUES The vision-to be a market leader:- most competitive, innovative conglomerate and, while ensuring global reach, to be a preferred partner for world THE MISSION TO REIN THE EXCELLENCE:- To provide qualitative, reliable and cost-effective products and services par excellence, technological prowess, professionalism and customer satisfaction. CORPORATE PHILOSOPHY TO DELIVER VALUE:- To exploit the advantages of technological innovations and pass on the benefits to the end user through transparent, ethical and customer friendly policies. THE PEOPLE- CREATIVE THINKER:- Suryachakra has at its helm, a highly energetic and experienced team that drives the Corporate to achieve its goals. Team expertise covers a gamut of specialized areas including Management, Finance, Technical, Commercial, Administration and Agri based Infrastructure development especially in the area of power generation and urban infrastructure. Suryachakra has been pioneer in Solar Thermal Technologies in India. The Group as a whole is set to continuous learning, on-job training, seminars, technical and profession- specific workshops, interactive meets with field and industry experts at regular intervals for capacity building. Projects on fossil fuel –diesel (existing):- The company is actively engaged in the generation of power in line with the National Policy. Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near Port Blair, Andaman Islands at a cost of Rs. 850 million and dedicated it to the Nation. The plant has been in successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion. Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001: 2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed company on the Bombay Stock Exchange[BSE].
  • 2. This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till 2008. Promoters bought back the stake of Caterpillar in 2006. Caterpillar Appreciation Letter The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a subsidiary of Caterpillar Inc, USA. SPCL is the flagship company of Suryachakra Group with interests in the following business areas: Renewable Energy (Biomass, Solar, Wind) Clean Technology based Super Critical Power Plants (Coal) The company has been accredited with ISO certificate for the plant at Port Blair. The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International (Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment companies. SPCL launched five wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and MSM Energy Limited. SPCL received License for Power Trading. Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/- each at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE). The Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN. SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass based power plant at MIDC Hingoli, Maharashtra. 4 out of 5 biomass projects already registered with UNFCCC for carbon credits. Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal Technology, for setting up of Solar Thermal power projects in India. Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority. SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in Chhattisgarh. SPCL started commercial operations during May 2008. Signed MoU with MP Government for implementation of coal projects. South Asian Agro Industries started commercial operations during Jan 2009. Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First Climate/CCI, as investment partner in Renewable Energy Portfolio. hails from Agricultural & Business Family, Bhimavaram, West Godavari District, Andhra Pradesh and a qualified M. B. B. S., Doctor. He was engaged in Agriculture and Rice milling Business and operated 6 Rice Mills belonging to the family during the period from 1974-87. He had served as President of Bhimavaram Rice & Oil Merchants Association during 1983-87. He also operated Deep-sea Foreign Fishing Vessels on Charter basis during 1987-92 and developed various International Business Connections. Since 1992 he was engaged in Aqua-culture Business. During this period he was also engaged in Construction & Operation of Prawn/Fish Tanks, Hatchery, and Feed Mill & Processing Plants which earned profits continuously from 1992 to 1996.
  • 3. Inspired by the liberalization policies of Govt. of India, during 1995 he diversified into setting up Power Generation Plants following the Privatisation of Power Sector. He promoted Suryachakra Power Corporation Limited and extensively worked on Power projects and gained good experience in all aspects of Power Projects. is an Engineering graduate with 29 years of Experience in various Engineering and Power Projects and is presently working as Senior Vice President in Power Sector Company. He is also member of Indian Institute of Materials Management. is a Post Graduate in Economics. He has worked in different capacities with State bank of India and retired as Deputy Managing Director and Chief Financial Officer in the year 1999. He is empanelled as an arbitrator with national Stock Exchange of India Limited, Kolkatta and also listed in the panel of arbitrators with NCDEX, Mumbai. is as Technical Director to guide, advise & monitor the technical and operational aspects of the company. He is aged 64 years is an Electrical Engineering Graduate from Andhra University. Waltair, Andhra Pradesh and has got vast experience of more than 45 years in power and infrastructure development. He had served in various capacities in central public sector undertakings viz., Heavy Engineering Corporation Limited, Ranchi, Jharkhand State in various fields. He has visited France and Germany. He worked in ITC Bhadrachalam Paper Board Bhadrachalam, Khammam Distreict, and Andhra Pradesh for 10 years and retired as a Chief Engineer (Projects) during July 1998. He has vast experience in project planning, development, implementation and operation. holds a Masters Degree in Physics from University of Delhi, PG Diploma in Management from AIMA, New Delhi and Diploma in French & Japanese. He is the Managing Director & CEO of Asia Pragati Capfin Private Limited, RBI registered special situations financing NBFC which is 100 owned by an offshore fund headquartered in USA. Prior to that, he worked as the Chief General Manager of State Bank of India. He brings in 33 years of deep understanding and knowledge of the Indian & Global Economy. He is also the Chairman & Managing Director of Swarna Pragati Housing Microfinance Private Limited. He is on the Board of the Company since August 10, 2010. Dollygunj Junction, Dollygunj Post, South Andaman, Port Blair- 744 103 Phone : + 91 – 03192 – 252445 Fax : + 91 – 03192 – 251750 E-mail : admin@suryachakra.com Suryachakra Power Corporation Limited, Plot # 304 L, Road No.78, Film Nagar, Jubilee Hills, Hyderabad – 500033 Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98 Fax : +91 – 40 – 2354 1339 Bambooflat, Near Fire Brigade, South Andaman, Port Blair 744 107
  • 4. Andaman and Nicobar Islands Tel :+ 91 – 03192 – 258787/258810 Fax :+ 91 – 03192 – 258711 Fossil-thermal(proposed) Suryachakra is committed to implement clean coal technologies. Clean coal technologies are environment friendly and contribute to reduce fuel consumption with higher efficiency. Suryachakra has partnered with Shapoorji & Pallonji(S&P) a leading EPC Contracting Company in Infrastructure segment with proven expertise in successful project execution and commissioning. S&P is action as EPC Contractor and investing in the Equity for 300MW(2x150MW) coal project in Andhra Pradesh. Suryachakra Energy (Chattisgarh) Pvt. Ltd. [SECPL] is setting up 1320MW(2x660MW) Clean technology/ Ultra Super Critical coal based power plant in Sapos village, Janjgir-Champa District, Chhattisgarh. The project shall be implemented in two phases of 660 MW each. SECPL has a MoU with the Government of Chhattisgarh and the State Investment Promotion Board provides necessary support by way of clearances and approvals. The company has been allocated land and water. Central Electricity Authority has already recommended to the Ministry of Power for coal linkage. The company’s coal linkage application is under active pursuance by the Ministry of Coal, Government of India. SECPL’s SPV Suryachakra Energy (Chhattisgarh) Pvt. Ltd, has entered into a MoU with a State Mineral Development Corporation for allotment of coal under Government Dispensation Scheme(GDS). Namratha Bizili Private Limited [NBPL] a Suryachakra group company, is setting up a 2x150MW coal based power plant at Gunipudi Village, Visakhapatnam District, Andhra Pradesh. For land acquisition agreement has been signed. Coal import agreement has been entered into with a leading company in Indonesia. Suryachakra Thermal Energy (Andhra) Private Limited [STEAPL] is setting up a 1320MW(2x660MW) Clean Technology/Ultra Super Critical coal based power plant in phases at Gunipudi Village, Nakkapalli Mandal, Visakhapatnam District, Andhra Pradesh. The Government of Andhra Pradesh has recommended to the Ministry of Coal for Coal linkage. Coal linkage is under active pursuance. A Detailed project report has been prepared and the project has received permissions/ approvals for usage of sea water. The project location is strategically located for supplementing the fuel supplies to the project through coal imports. CEA has already recommended to the Ministry of Power for coal linkage and the coal linkage application is under active pursuance by the Ministry of Coal, Government of India.Power will be sold in the market. Suryachakra Thermal (Madhya Pradesh) Private Limited [STMPPL], a Suryachakra group company, is setting up a 1320MW (2x660MW) Clean Technology Super Critical coal based power plant in Sidhi district, Madhya Pradesh. The project is being set up under MoU with the Madhya Pradesh Government. Land acquisition is under process. Coal linkage is under process with the MoC. Environment Clearance is under process. The Group is in the process of developing upto 200MW as Group Captive Power Plant for supply to textile units in Gujarat. Also, the promoters of the group are setting up a 2 million MTPA Cement Plant along with a Captive Power Plant of 60MW in Gujarat. Renewables(biomass):-
  • 5. Clean Power for the nation Suryachakra Global Enviro Power Limited(SGEPL), a wholly owned subsidiary of Suryachakra, had an opportunity in the renewable energy source to establish a 9.8 MW biomass fuel based power plant with the site area of 30 acres near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project operations started in the May 2008. The project is under operations through a long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs (Certified Emission Reduction). In addition to the existing power plant, SGEPL is pursuing on further growth and expansion activities. It is envisaged that the grant of open access would generate attractive revenues. SGEPL expansion activities includes the power project of 20 MW with backward integration of plantations project in a way to create a sustainable biomass model to support not the biomass dearth situations but also to provide continuous fuel supply to the dependent power plants. Suryachakra has created a Renewable Energy Vertical for focused growth. As part of the restructuring, Suryachakra Global Enviro Power Limited is the Holding Company for South Asian Agro Industries Ltd, MSM Energy Limited and Sri Panchajanya Power Private Limited. First Climate, Zurich, entered into Shareholder / Subscription Agreements for 22% equity in the Renewable Energy Portfolio. First Climate is currently managing funds of over EURO 250 million. It has offices spread across 4 continents. First Climate advises leading institutional investors, most of them AAA rated. First Climate is one of Europeans leading carbon asset management companies with offices in five continents for more than ten years’ experience in the market. First Climate develops finances, and implements CDM, JI and VER projects, purchases the resulting carbon credits, and customizes trading solutions for companies subject to the EU ETS. As investment advisor to several institutional investors, First Climate structures and develops carbon and renewable energy funds and related instruments with currently around Euro 250 million under management. First Climate offers unique hybrid carbon-project finance solutions in the way of their own managed funds along with their third party network investor funds. It also has early access to attractive investment opportunities in carbon and renewable energy through its local operations. Dr. S. M. Manepalli, Managing Director Mr. K Vijay Kumar, Director Mr. K Satyanarayana, Director Mr. V S Murthy, Director Mrs. B. N. Raja Kumari, Director Mr. K. Veeraiah Registered Office : Suryachakra Global Enviro Power Limited Plot # 304 L, Road No.78, Film Nagar, Jubilee Hills, Hyderabad – 500033 Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98 Fax : +91 – 40 – 2354 1339
  • 6. Administrative Office Banglw No 43, Aishwarya Residency, Opp: G K Motors,G E Road, Telibandha, Raipur – 492006 Tel: 0771 – 6532755 Fax: 0771 – 4266351 E-mail: saail_cg@yahoo.co.in Factory : Madwa Village Post: Basanthpur Tehsil, Janjgir, Champa – 495 671 Tel : 07819 – 281402 e-mail : lahari_champa@rediffmail.com South Asian Agro Industries Limited (SAAIL) a wholly owned subsidiary of Suryachakra Global Enviro Power Limited, has established a 9.8MW biomass based power plant at Khajuri village in Baloda Bazar Tehsil, Raipur District, Chhattisgarh. The plant is expected to generate 9.8 MW Power on a continuous basis after commissioning. The plant started commercial operations in end December 2008. The project is under implementation through long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs. As part of its expansion activity the company is setting up a 20 MW biomass based project near 9.8 MW biomass based power plant at Khajuri village, Baloda Bazar Tehsil, Raipur district, Chhattisgarh. Registered Office : South Asian Agro Industries Limited Plot # 304 L, Road No.78, Film Nagar, Jubilee Hills, Hyderabad – 500033 Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98 Fax : +91 – 40 – 2354 1339 Administrative Office: Banglw No 43, Aishwarya Residency, Opp: G K Motors,G E Road, Telibandha, Raipur – 492006 Tel: 0771 – 6532755 Fax: 0771 – 4266351 E-mail: saail_cg@yahoo.co.in Factory : Khajuri Village, Dhabadih Panchayat, P.O. Raseda, Via – Balodabazar Tehsil, Raipur District – 493 332 MSM Energy Limited , Parbhani Plant MSM Energy Limited, a wholly owned subsidiary of Suryachakra Global Enviro Power Ltd (SGEPL), is setting up a 10 MW Biomass based power generation plant at Borwand Village in Parabhani district. The project has received all the required permissions, clearances and is being set up in an extent of 20.38 acres of land at Borwand Village. The project has long term PPA with MSEDCL. The project commercial operations commencedduring Nov’2010. The project has been registered with the UNFCCC for receiving of CERs.
  • 7. As a part of its expansion activity the company proposed to set up a 15 MW biomass based project near 10 MW biomass based power Project near Borwand Village in Parabhani district, Maharashtra. MSM Energy Limited, Amravathi Plant MSM Energy Limited, a wholly owned subsidiary of SGEPL, is setting up a 10 MW Biomass based power generation plant at Kholapur village in Amravathi district, Maharashtra. The project has received all the required permissions, clearances, and is being set up at Kholapur village in Amravathi District in an extent of 24.35 acres for the implementation of project. The project has a long term PPA with MSEDCL. The project commercial operations shall commence by Oct’2010. The project has been registered with the UNFCCC for receiving of CERs. MSM Energy Limited is expanding its activities and is setting up biomass power plants – 20MW in Amravathi district and a 10 MW plant in Parbhani disgtrict, Maharashtra. Mr. P. K. Battacharjee, Chairman Dr. S. M. Manepalli, Director Mr. K. Vijay Kumar, Director Mr. V. S. Murthy, Director Mrs. B. N. Raja Kumari, Director Mr. K. Veeraiah, Director Registered Office : M.S.M Energy Limited Plot # 304 L, Road No.78, Film Nagar, Jubilee Hills, Hyderabad – 500033 Phone : +91 40 3082 3000 , +91 40 2355 0597 / 98 Fax : +91 – 40 – 2354 1339 Administrative Office: 1 st Floor, Employment Exchange Office, Gavane Road, Dr. Sony House, Parbhani Dist – 431 401, Maharashtra. Tel : 02452 – 220980 Factory : Borwand B.K.Village, Parbhani District – 431 401, Maharashtra. Kholapur Village, Bathokoli Tehsil, Amaravati District – 444 802, Maharashtra. Sri Panchajanya Power Private Limited is setting up a 10 MW Biomass based power generation plant at MIDC, Limbala village, Hingoli, Hingoli District, Maharashtra State. SPPPL taken 84 acres of land at MIDC under long term lease. Sri Panchajanya Power Pvt. Ltd,(SPPPL) a subsidiary of Lahari Power and Steels Limited, has received all the necessary permissions, clearances and is under active implementation through Engineering procurement
  • 8. and Contract (EPC) with M/s. Ushodaya Energy & Project Consultants Pvt. Ltd., Hyderabad. The project has long term PPA with MSEDCL. The project is being pursued for registration under gold standards with the UNFCCC. The project operations commenced in Sept’2010. SPPPL is establishing a 5 MW CSP at the same site and is in the process of expansion of its biomass plant capacity by 15 MW in Hingoli district, Maharashtra. Dr. S. M. Manepalli, Chairman Mr. K Vijay Kumar, Director Mrs. B. N. Raja Kumari, Director Mr. K. Veeraiah, Director Registered Office : Sri Panchajanya Power Pvt Ltd Plot # 304 L, Road No.78, Film Nagar, Jubilee Hills, Hyderabad – 500033 Tel: +91 40 3082 3000 , +91 40 2355 0597 / 98 Fax : +91 – 40 – 2354 1339 Proposed Renewable biomass proposed Gujarat, Madhya Pradesh,A&N island As a part of the future expansion activities, Suryachakra Group has taken initiatives to set up renewable energy (biomass) power projects in the states of Gujarat, Chhattisgarh, Maharashtra etc. Proposed
  • 9. Renewable solar proposed Joint venture Suryachakra MSM Solar India Pvt Ltd [SMSMSIPL], is a joint Venture company formed between Suryachakra Power Venture Private Limited and Solar Millennium AG (SMAG), Germany to setup concentrated solar thermal technological projects in India as well as the transfer of Concentrated Solar Thermal Technology to Solar Thermal project developers in India. The JV has brought together two qualified players in the field of power sector. Suryachakra Solar Millennium AG JV aims to indigenize the technology components and minimize import of critical components of the solar field and achieve cost reductions. The JV has already covered significant ground in this direction and is geared to meet the opportunities arising out of the Jawaharlal Nehru National Solar Mission’s (JNNSM) target of 20,000 MW capacity by 2022. Suryachakra – Solar Millennium AG JV is developing CSPs at various locations in India. In view of our combined strength along with our partner Solar Millennium AG, Germany (SMAG). The following group companies of Suryachakra Power Corporation Limited are implementing CSPs at various locations in India. Suryachakra Power Venture Private Limited [SPVPL], a Suryachakra group company, has entered into a joint venture with global leader and a pioneering Concentrating Solar Thermal Technology firm, Solar Millennium AG of Germany for joint development of Solar based Power Projects in India. The Joint Venture Company has been named as Suryachakra MSM Solar India Pvt Ltd. South Asian Agro Industries Limited, a wholly owned subsidiary of SGEPL, has entered into Solar Thermal power generation as diversification activity. The company is setting up a 5MW concentrated solar thermal power generation plant at Khajuri village in Baloda Bazar Tehsil, Raipur District, Chhattisgarh. The project has received in-principle approval from Chhattisgarh State Renewable Energy Development Agency [CREDA], entered into PPA with CSPDCL and MNRE has registered the project for award of Generation based incentive to the project. The project is under active implementation. Suryachakra Power Venture Private Limited [SPVPL], is setting up a 5 MW Solar Thermal Power Plant in Kadiri, Anantapur district, Andhra Pradesh. Land allocation has been done and power purchase agreement has been entered into with APCPDCL. NEDCAPL has accorded in-principle approval and MNRE has registered the project for award of Generation based incentive to the project. The project is under active implementation. Andasol 1
  • 10. In 2006, Solar Millennium AG has developed Cooperation with GE Energy Financial Services. Solar Millennium AG commenced Andasol-2 plant’s Financial Closure from 12/2006 with the start of construction. Andasol 1& 2 Small hydro proposed Surya Powergen Private Limited , a Suryachakra group company, is setting up 10 MW hydro power project on Mushal river at Gherbang, Keonjhar district, Orissa. Suma Powergen Private Limited, a Suryachakra group company, is setting up 12.75 MW hydro power
  • 11. project on Mushal river at Gherbang, Keonjhar district, Orissa. Another 5 MW hydro power project is being set up on Mushal river at Tinidharja, Keonjhar district, Orissa. Wind project Mauktika Energy Limited (MEL), a Suryachakra group company is setting up 250 MW wind power project in Hoshangabad, Madhya Pradesh. Wind monitoring is under progress. Suryachakra has already entered in to an agreement with First Climate, Zurich for equity holding in its Renewable Energy portfolio. Annual report 2007-08:- The company is actively engaged in the generation of power in line with the National Policy. Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near Port Blair, Andaman Islands at a cost of Rs. 850 millions and dedicated it to the Nation. The plant has been in successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion. Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001: 2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed company on the Bombay Stock Exchange[BSE]. Project Development Partners Caterpillar This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till 2008. Promoters bought back the stake of Caterpillar in 2006. Caterpillar Appreciation Letter Reliance Energy Limited (Formerly BSES) The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a subsidiary of Caterpillar Inc, USA. SPCL is the flagship company of Suryachakra Group with interests in the following business areas:
  • 12. POWER GENERATION: Renewable Energy (Biomass, Solar, Hydro, Wind) Clean Technology based Super Critical Power Plants (Coal and Gas) POWER TRADING COAL TRADING ENGINEERING AND CONSULTANCY Key Developments The company has been accredited with ISO 9001-2008 certificate for the plant at Port Blair. The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International (Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment companies. SPCL launched three wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and MSM Energy Limited. SPCL received License for Power Trading. Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/- each at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE). The Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN. SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass based power plant at MIDC Hingoli, Maharashtra. 4 out of 5 biomass projects already registered with UNFCCC for carbon credits. Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal Technology, for setting up of Solar Thermal power projects in India. Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority. SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in Chhattisgarh. SPCL received No Objection Certificate for setting up of 70 MW coal washery rejects / coal based power plant in Chhattisgarh. Lahari Power & Steels started commercial operations during April’ 2008. Signed MoU with MP Government for implementation of coal projects. South Asian Agro Industries started commercial operations during Jan’ 2009. Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First Climate/CCI, as investment partner in Renewable Energy Portfolio. Suryachakra has partnered with Shapoorji & Pallonji (S&P) a leading EPC Contracting Company in Infrastructure segment with proven expertise in succ
  • 13. The company is actively engaged in the generation of power in line with the National Policy. Suryachakra Power Corporation Limited had set up a 20MW diesel based power plant in a remote area near Port Blair, Andaman Islands at a cost of Rs. 850 millions and dedicated it to the Nation. The plant has been in successful operation since April 2003. It has already notched up an annual turnover of Rs.1 billion. Suryachakra had bagged the award to construct and operate the 20 MW Diesel based Power Plant in Andaman & Nicobar Islands through Competitive Bidding by the A&N Administration. The project was funded by State Bank of India and SREI Infrastructure Finance Ltd. The equity was originally provided by Dr.S.M.Manepalli & Associates, Caterpillar and BSES Limited. The Company is accredited with ISO.9001: 2008 certification. SPCL has gone for a successful IPO subscription during June 2007 and is a listed company on the Bombay Stock Exchange[BSE]. Project Development Partners Caterpillar This prestigious Plant was set up with technical collaboration of world class leaders M/s. Caterpillar Power Ventures Inc. Operation & Maintenance of the plant was handled by M/s. Caterpillar Power Ventures Inc, till 2008. Promoters bought back the stake of Caterpillar in 2006. Caterpillar Appreciation Letter Reliance Energy Limited (Formerly BSES) The project was constructed by erstwhile BSES Limited under EPC Contract. The main equipment was supplied by M/s. MAK Morten GmbH, Germany, a division of M/s. Caterpillar International Power Systems, a subsidiary of Caterpillar Inc, USA. SPCL is the flagship company of Suryachakra Group with interests in the following business areas: POWER GENERATION: Renewable Energy (Biomass, Solar, Hydro, Wind) Clean Technology based Super Critical Power Plants (Coal and Gas) POWER TRADING COAL TRADING ENGINEERING AND CONSULTANCY
  • 14. Key Developments The company has been accredited with ISO 9001-2008 certificate for the plant at Port Blair. The promoters of the Company acquired the shares held by M/s.Caterpillar Power Ventures International (Mauritius) Limited during 2005 through Kalyan Securities Limited one of the promoter’s core investment companies. SPCL launched three wholly owned subsidiaries for setting up of biomass power plants: LPSL, SAAIL and MSM Energy Limited. SPCL received License for Power Trading. Initial Public Offer: The Company came out with a successful IPO of 3.4 crores equity shares of Rs. 10/- each at a premium of Rs. 10/- during June 2007. The shares are listed on Bombay Stock Exchange (BSE). The Company Code in BSE is 532874 and Ticker Symbol in Bloomberg is SUPC:IN. SPCL acquired 51% stake in Sri Panchjanya Power Pvt Limited, which was setting up a 10 MW biomass based power plant at MIDC Hingoli, Maharashtra. 4 out of 5 biomass projects already registered with UNFCCC for carbon credits. Suryachakra formed a Joint Venture with Solar Millennium AG, a global leader in Solar Thermal Technology, for setting up of Solar Thermal power projects in India. Suryachakra awarded Haldia Urban Infrastructure project by M/s.Haldia Development Authority. SPCL signed an MoU with Chhattisgarh government for setting up of Coal based power plant in Chhattisgarh. SPCL received No Objection Certificate for setting up of 70 MW coal washery rejects / coal based power plant in Chhattisgarh. Lahari Power & Steels started commercial operations during April’ 2008. Signed MoU with MP Government for implementation of coal projects. South Asian Agro Industries started commercial operations during Jan’ 2009. Suryachakra Group created Renewable Energy vertical in 2009. Suryachakra Group inducted First Climate/CCI, as investment partner in Renewable Energy Portfolio. Suryachakra has partnered with Shapoorji & Pallonji (S&P) a leading EPC Contracting Company in Infrastructure segment with proven expertise in successful project execution and commissioning. S&P is acting as EPC Contractor and investing in the Equity. Board of Directors Mr. P.Visweswara Rao IAS (Retd.), formerly Chief Secretary to Government of Andhra Pradesh is a BA (Hons) Graduate with a Law degree and IAS. He has forty years of Administrative experience at District, State and National levels. He worked in different capacities and retired as Chief Secretary to the Government of Andhra Pradesh. He also worked as Chairman of Infrastructure Authority of Andhra Pradesh. Dr.S.M.Manepalli hails from Agricultural & Business Family, Bhimavaram, West Godavari District, Andhra Pradesh and a qualified M. B. B. S., Doctor. He was engaged in Agriculture and Rice milling Business and operated 6 Rice Mills belonging to the family during 1974-87. He had served as President of Bhimavaram Rice & Oil Merchants Association during 1983-87. He also operated Deep-sea Foreign Fishing Vessels on Charter basis during 1987-92 and developed various International Business Connections.
  • 15. Since 1992 he was engaged in Aqua-culture Business. During this period he was also engaged in Construction & Operation of Prawn/Fish Tanks, Hatchery, and Feed Mill & Processing Plants which earned profits continuously from 1992 to 1996. Inspired by the liberalization policies of Govt. of India, during 1995 he diversified into setting up Power Generation Plants following the Privatisation of Power Sector. He promoted Suryachakra Power Corporation Limited and extensively worked on Power projects and gained good experience in all aspects of Power Projects. M.Seshavatharam hails from business community. He has to his credit varied business experience. He has gained experience particularly in power projects, agriculture, fresh water fish culture. He is the Director on the Board of M/s. Suryachakra Power Corporation Limited a company which established a 20Mw Independent Power Project at Port Blair in Andaman & Nicobar Islands. He is also a Director in various other Companies whose main business is generation of Power. Mr.Mahesh Chand is an Engineering graduate with 29 years of Experience in various Engineering and Power Projects and is presently working as Senior Vice President in Power Sector Company. He is also member of Indian Institute of Materials Management. Mr. P. K Bhattacharjee is a Post Graduate in Economics. He has worked in different capacities with State bank of India and retired as Deputy Managing Director and Chief Financial Officer in the year 1999. He is empanelled as an arbitrator with national Stock Exchange of India Limited, Kolkatta and also listed in the panel of arbitrators with NCDEX, Mumbai. Commodore K.V.Subramaniyam, YSM(Retd.) Worked with Indian naval and Indian Cost Guard for 31/2 decades. In his Carrier he has commanded many ships & submarine. He was also the Indian Naval Commander for IPKF at Srilanka. He was Indian Naval Advisor at Embassy of India Bonn, Germany with concurrent accreditation to France and the Nether Lands. It was during that period, he conceived the Idea & concept for Solar Thermal Power for India. He is presently the Director of Suryachakra Power Venture Pvt. Limited and Suryachakra MSM Solar India Pvt. Limited. Mr.K.Satyanarayana has over 30 years of experience in projects, project management. He hails from Agricultural Family, Khammam District, Andhra Pradesh and an AMIIPE Graduate. He had extensively worked on infrastructure projects during his 15 years stay in Malaysia. He Worked as a Mechanical Engineer for M/s. MHES SDN.BHP Petaling Jaya, Selangoor, Malaysia. And from 1996 to 2002 worked as Project Engineer and Project Coordinator with M/s. ENRINCO SDNBHD & M/s. Para Waters SDN.BH. He worked for M/s. Nava Bharat Ferro Alloys Limited, Polancha, Khammam District, Andhra Pradesh. He is also a Director in various other companies. Mr. K.B.Trehan is an engineer with 40 plus years of experience in mining, power steel and management areas. In the year 1994-95 presented the best manager’s award. He was also awarded Mrs.Bala Tandon awarded for upgrading the quality of life of mine workers. He is ex-council member, MGMI. He is former member, Board of mining Exams (Coal) in India. He was also awarded the “Coal India Trophy” for the best project management in 1995.
  • 16. Mr. V.S.Murthy is as Technical Director to guide, advise & monitor the technical and operational aspects of the company. He is aged 64 years is an Electrical Engineering Graduate from Andhra University. Waltair, Andhra Pradesh and has got vast experience of more than 45 years in power and infrastructure development. He had served in various capacities in central public sector undertakings viz., Heavy Engineering Corporation Limited, Ranchi, Jharkhand State in various fields. He has visited France and Germany. He worked in ITC Bhadrachalam Paper Board Bhadrachalam, Khammam Distreict, and Andhra Pradesh for 10 years and retired as a Chief Engineer (Projects) during July 1998. He has vast experience in project planning, development, implementation and operation. Mr. T. Venkata Raju holds a Bachelors Degree in Computer Science & Engineering from Nagarjuna University and gained vast experience in the Software industry as Project Leader in Amdocs. He holds an Executive Director position in Suryachakra Thermal Energy (Andhra) Pvt. Ltd and he is also on the Boards of Suryachakra Power Corporation Limited, Suryachakra Global Enviro Power Limited, South Asian Agro Industries Limited, M.S.M. Energy Limited, Sri Panchanjanya Power Private Limited. Mr. A. Ramesh Kumar holds a Masters Degree in Physics from University of Delhi, PG Diploma in Management from AIMA, New Delhi and Diploma in French & Japanese. He is the Managing Director & CEO of Asia Pragati Capfin Private Limited, RBI registered special situations financing NBFC which is 100 owned by an offshore fund headquartered in USA. Prior to that, he worked as the Chief General Manager of State Bank of India. He brings in 33 years of deep understanding and knowledge of the Indian & Global Economy. He is also the Chairman & Managing Director of Swarna Pragati Housing Microfinance Private Limited. He is on the Board of the Company since August 10, 2010. Suryachakra global environment power ltd Clean Power for the nation Suryachakra Global Enviro Power Limited, a wholly owned subsidiary of Suryachakra, seized an opportunity in the renewable energy source to establish a 9.8 MW biomass fuel based power plant on a 30 acres site near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project operations started in May’2008. The project is under operation through long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs. It is looking for further growth and expansion activities. It is envisaged that grant of open access would generate attractive revenues. SGEPL is on an expansion mode. An integrated power project of 20 MW capacity with a paddy mill and an oil extraction unit is being setup. As a long term source, an Energy plantation is proposed. Further, a 40 MW biomass project has been planned in Andhra Pradesh.