Sun Source (India) Ltd

Key Stats

₹2.56
Day's Price Range
₹2.56
₹0
52-Week Price Range
₹2.56

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 21
EPS
Rank 21
BVPS
Rank 24
Dividend Yield
Rank 7
ROE
Rank 17
Price To Book Ratio
Rank 17
Debt To Asset
Rank 24

Company Information

The Ahmedabadbased Sun Source India was promoted by R S Patel et al in 1992. The company went into public issue on February1994 to set up its project for the exclusive marketing of solar photovolataic power plants and wind energy generator systems. It entered into collaborations with Sun Energy Development International US for SPV power plants and with Cannon Engineering for WEG systems. The project was delayed by more than a year. Initially the company had planned to import these systems from overseas suppliers. It only undertook the job of assembly erection testing and commissioning of the plants. The company offered rights in Jul.95 to partfinance manufacturing facilities for wind turbines and solar power plants. It has acquired windland sites in Gujarat and Tamilnadu for potential customers and has arranged for multiple sources of import supplies of turbine components to remain competitive and to have access to international stateoftheart wind power technology. In 9596 the company was awarded the project of 50 MW Solar Photovoltaic Power Plant Dist. Badmer through Global Competitive TenderBidding by the Govt. of Rajasthan. Similar project has also been given to ENRON of U. S. A. of 50MW Capacity in Jaisalmer District.The Company has been striving hard for project funding in short term as well as long term to implement 50000 KW 50 MW Solar PV Power Plant project at village Agoria Dist : Badmer Rajasthan. The Company at present has two offer one for the short term and one for the long term project funding under active consideration and negotiations. The long term offer involves joint venture with our company to implement the entire project with funds US Dollars 150 Million arranged by the joint venture partners.
OrganisationSun Source (India) Ltd
HeadquartersAhmedabad
IndustryPower Generation & Distribution