Solar energy is increasingly proving its case for sustainability, but solar energy consumers in India are very cost-conscious and desire quality products with low investment commitments. This makes the solar industry in India one of the most competitive in the world.
With the increase in taxation on the import of solar energy equipment, there has been a further rise in the price of solar EPC services in the Indian market, which in turn is raising tariffs solar companies can offer to consumers. Therefore, the market needs players who can customize services as per consumer requirements and make their offering cost-effective.
Talf Solar is an organization that made its debut in the solar energy sector in the year 2018. The company’s value is based on its professionalism, ethics and its ability to deliver on its promises due to its good financial standing. This has enabled the company to offer competitive power tariffs, without compromising on the quality of their plants.
Talf Solar has been able to bring changes to the sometimes short-term focus of consumers when evaluating the cost and benefits of solar energy. As said by the company COO Ankit Jain, “Consumers realize the value of higher quality plants that may cost marginally higher in the short
term, but yield much higher cost savings over their lifetime”. He also adds, “Our USP is quality plants that ensure maximum cost savings to clients over the lifetime of the solar plants, while also ensuring the clients’ peace of mind due to the hassle-free experience”.
Talf Solar Achievements to date
So far, Talf Solar has generated 4.5 million K W of solar energy, which has greatly benefited its clients (through cumulative savings of Rs. 2 crore) and also the environment by avoiding nearly four million kg of CO2 emissions. The company has been able to ensure the quality of its plants with its dedicated in-house team of engineers, designers and technicians that allow them to deliver the highest standards. Another of the company’s strengths is their capital stability. Ankit says, “Talf Solar ensures it has capital in place before signing projects, which ensures timely completion of all projects it undertakes”. The parent company is debt-free, and one of their projects in Delhi has been supported by State Bank of India, who have one of the toughest credit screening process amongst banks in India.
Talf Solar has generated 4.5 million KW of solar energy, which has greatly benefited its clients and also the environment by avoiding nearly four million kg of CO2 emissions
Timely delivery of the services as per promised timeline is another main focus of the company, which plays a significant role in upholding consumer satisfaction. Talf Solar’s ability to deliver on its promises has received overwhelming responses from the customers who are even willing to pay premium prices for better services and provide the company good word-of-mouth publicity. Unlike its competitors, Talf Solar builds its plants intending to own them for the entire life of 25 years, which adds to their commitment to quality. As Ankit says, constant sup-port from the investors exhorts the company to excel and expand over the years.
Expansion Plans
Talf Solar has ambitious expansion plans and aims to reach a portfolio of 2025, an aim which is backed by active pipeline of projects for which funding is already in place. Apart from this, efforts to raise funds are already underway for a portfolio of 100 MW capacity by the end of FY 2023-24. This includes international funds, several of which appreciate the professionalism and transparency of Talf Solar. Ankit says, “We have operational projects in Delhi, Haryana and Uttarakhand, and our next stage of expansion will extend our presence to Punjab, Rajasthan and Uttarakhand and the Southern states as well”.
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