Web Exclusive | June 2013
Jakson Power to double revenue to Rs 2,500 cr by 2016
Power generation sets manufacturer Jakson Power Solutions announced plans to double its revenue by March 2016 to Rs 2500 crore. As part of its strategy to double revenues, the company will increase its market share in diesel-based power generation in India.
The company plans to manufacture 12,500 generating sets by 2016 compared with 8,000 units now. The company has now started manufacturing power generation sets at its Kalsar plant in Gujarat apart from Daman and Jammu units. This plant will be India's largest integrated diesel genset manufacturing facility and will also focus on manufacturing of special application generating sets for sectors like defence.
The company's manufacturing plants at Kalsar and Daman would now be manufacturing generating sets upto 250 KVA capacity and higher capacity would be produced at its Jammu plant. Jakson manages diverse business interests in the areas of power generation, power distribution, solar power, electrical contracting and EPC business.