Manu Energy Systems (MES) is floated by a reputed Group having rich Experience in Infrastructure Projects not limited to Power Projects.
The MES was floated to carry Fuel cell Technology. After studying the feasibility the idea was dropped as it is not commercially viable. Later the Promoters decided to go for proven Technology in Power Sector & zero down to Biomass, Hydro & Solar Power which is environmental friendly & also listed under renewable banner.
Promoters of MES has accumulated considerable experience in developing and operating Hydro Projects and has requisite in-house expertise from site selection, micro sighting, project management and power sale which are critical for a successful project. The company is managed by a professional and experienced management team with strong credentials.
Promoters are having experience in managing power projects would be a critical success factor for the business. The Promoters belongs to two big south Indian Business houses having experience in Executing & Operating Hydro as well Bio mass Power projects.
The Group of MES has set up a Biomass & Small Hydro Project and geared to take up Large Hydro Power & Solar Projects.
MES has entered into MOA with Government of Nagaland (GON) to build the186 MW Dikhu Hydro-Electric Project. The Pre Construction works are in Progress & Planned to Commence operations by 2023-24.
MES plans to install Solar Projects of 75 MW and more in next 3-4 years. MES has identified and sourced land & is in discussion with State governments to meet the target.
To be amongst the forefront runners to set up a Mega Hydro plant in North Eastern Region under our Prime Minister Narendra Modi’s 50,000 MW initiative.
To provide a clean and green power by using the state of the art facilities.
To be as cost effective as possible by using the expertise of the highly skilled management team and innovative methods.
To be part of an initiative to supply cost effective and environmental friendly power to each and every household.
The implementation of projects of 300 MW capacities during next 3-4 years will bring in substantial growth in revenues and profitability of the company.
The Hydro & Solar Projects of the group are located in the states of Nagaland, & Andhra Pradesh. North eastern grid is one of the most power deficit grids and power generated by the projects would be readily absorbed at relatively higher tariff levels.
Further all the projects being implemented by the company would be eligible for CDM benefits, which would further boost the profitability of the company going forward.
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