Minda NexGenTech Limited

About Us

Minda NexGenTech Ltd. (MNGTL) was incorporated with the objective of spearheading the entry of the UNO MINDA, NK Minda Group into non automotive businesses, as part of the growth and diversification plans of the Group.

The company is an integrated, end-to-end Power Solutions and Renewable Energy Company. Among other objectives, MNGTL aims to bring light and energy access to rural areas and to the lesser privileged sections of society, in India as well as on a global platform, as part of a financially viable, sustainable and scalable Business Model.

We aim to provide a range of products and services including Grid Connected and Off Grid Power generation facilities, and applications such as LED lights (indoor & Outdoor), Solar Lanterns, Solar LED Street Lights and Home Lighting, Heating Systems, Solar Pumps and customized Solar Roof Top Solutions. Moving forward, we plan to take on new projects, including backward integration, covering areas such as manufacturing of Solar Cells & Panels.

We have already supplied LED Solar Lanterns and Solar LED Street Lights to State Governments in India, and these products have found use in remote, far flung areas of the country with limited or no access to regular electricity. We are currently in discussions with State Governments to provide innovative solutions in the areas of Rural Electrification and reduction of Carbon Emissions. Apart from Solar PV, we are also considering Bio-Mass Power Solutions. A modern manufacturing facility in Delhi is involved in Product Design and Development, Testing, Manufacturing and Assembly of LED based products.

We thus aim to offer an integrated basket of products and services, harnessing off-grid as well as grid connected renewable energy opportunities, while promoting innovative energy saving solutions at the same time - micro grids, suitable combinations of solar/bio-mass/waste-to-energy solutions, conversion of conventional street/commercial lighting systems to Solar/non solar LED, promoting low carbon aggregates, and so on.

Minda NexGenTech Ltd. as an entity is structured around 3 business verticals :

  • The Energy Efficiency vertical focussing on the LED Lighting business – Solar Lanterns, Solar and non Solar Street Lighting, and Solar Home Lighting Systems.
  • The Power Generation vertical – Covering off grid power plants, micro grids and rural electrification initiatives, followed by grid connected power plants and finally, backward integration into cell-to-panel manufacturing.
  • The Services vertical, which will provide Installation, Commissioning, Maintenance, After Sales Service and Training to the Energy Efficiency and the Power generation verticals, and which will also seek to consolidate the aggregated impact of the same across a group of entities from a CDM/Carbon Credit perspective.

 

A significant element of our Business Plan envisages working together with local Governments to provide CleanTech/Renewable Energy/Rural Electrification solutions – specifically to locations not connected to the grid. We see the generation and provision of electricity to such locations as a tool to facilitate comprehensive development of remote areas – covering education, employment, irrigation facilities, improved agricultural output, and so on – all leading to sustainable, all round development.

Moving forward, MNGTL and the UNO MINDA, NK Minda Group seeks to establish new paradigms for integration of renewable energy with sustainable rural development, with our dream being to provide energy access and facilitate sustainable development in at least one village in the country, every single day, throughout the year.