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Indosolar Ltd
Indosolar Ltd Company History
Indosolar is engaged in Leading Indian Manufacturer of Solar Photovoltaic Cells and Its Manufacturing Facility is Noida.(Source : 201803 Annual Report Page No: 61)
2005
Execution of lease deed with the GNIDA for grant of 27,158.78 square meter of land
2005
2008
Execution of joint business development agreement with the Transferor Company
Execution of supply agreement with Schmid for planning, supply, installation and commission of first line of our solar cell project
Change of the object of our Company from the business of readymade garments to solar energy cells
Execution of lease agreement by the Transferor Company to lease the equipments to our Company
Grant of EOU status to our Company
Grant of occupancy certificate of Industrial building erected on Plot No 3C/1, Ecotech -II Sector, Udhyog Vihar from GNIDA
2008
2009
Execution of facility agreement for grant of loan by a consortium of banks led by Union Bank of India
Commencement of commercial production of SPV cells with one manufacturing line having an annual manufacturing capacity of 80 MW
Approval of the Scheme by the High Court of Delhi at New Delhi
Filing of the Scheme with the RoC by the Transferor Company and our Company
Grant of Equity Shares in the proportion of 1:1 to the shareholders of Transferor Company, pursuant to the terms of the Scheme
Time overrun with respect to installation of our first SPV cell manufacturing line cost overrun in relation to the two manufacturing lines for our SPV cell.
Associated with the Semiconductor Equipment and Materials International, USA, Indian Semiconductor Association and SESI
2009
2010
Indosolar inks one of the largest deals in solar energy with GCL-Poly.
Registered as member (till November 30, 2010) of Bharat Oil & Waste Management Ltd. for safe, legal and scientific disposal of hazardous waste
Commencement of commercial production of second manufacturing line of SPV having an annual manufacturing capacity of 80 MW.
2010
2011
The Company has entered into a Memorandum of Understanding with GCL Solar System Limited, China to explore the possibility of development of solar farms in India.
2011
2012
The Board has appointed Mr. Arun Kumar Gupta and Mr. Gurbaksh Singh Vohra as additional directors in the category of Independent and Non-Executive Directors.
2012
2013
The company has appointed Mr. Anand Kumar Agarwal as Whole Time Director and Compliance Officer of the Company with effect from February 13, 2013.
2013
2014
Indosolar has entered into solar cell supply contract of 5.50 MW valuing approximately Rs. 15.80 Crores under Domestic Content Requirement of National Solar Mission with EMMVEE Photovoltaic Power Private Limited, Bengaluru.
The company tered into single largest solar cell supply contract of 60 MW under Domestic Content Requirement of National Solar Mission with Azure Power India Private Limited.
Indosolar has entered into solar cell supply contract of 67 MW valuing approximately Rs. 191 Crores under Domestic Content Requirement of National Solar Mission with Waaree Energies
Ltd.
2014
2015
Indosolar signs Wafer Supply pact with Osung Lst
India crosses 5GW in solar power capacity : B2I
JapanÂs SoftBank wins its First Solar Project in India
2015