SILK ROUTE ENERGY PRIVATE LIMITED

In their own words

Silk Route Energy is an Independent Power Generation and Trading startup company based in Leh Ladakh. The company’s mission is to establish power plants in the renewable energy segment and to address the ever-growing world energy demand. As world development continues, population growth and technological advancements contribute to increasing energy demand. From 1990 to 2008, the IEA recorded an average energy use per person increase of 10%, while population increased 27%. Energy consumption growth grew 2% in 2011 alone. This current trend presents a profitable opportunity to enter the electricity market as an Independent Power Producer (IPP). In order to address the global electricity demand, Silk Route Energy envisages to install utility scale power plants in locations all over the world. Silk Route Energy involvement in current Indian government energy policies has progressed the company’s IPP capability, resulting in obtaining permissions to construct Solar PV Power Plants, to a total capacity of 1 MW (Megawatts) in its early days of inception. Silk Route Energy has just begun realizing its growth potential through acquired interest from various State Governments for installation of Solar PV Power Plants. Silk Route Energy believes that success of an energy investment company relies on its ability to execute intelligent investment decisions. Silk Route Energy plans to take full advantage of various state renewable energy policies in India to maximize the business’s profitability. In addition, the company retains the competitive strategy of being able to adapt to the energy technologies that are the most profitable and advantageous to the business. While solar renewable energy in India is currently an excellent market to enter, Silk Route Energy is constantly looking for future business opportunities to expand its generating capacity, in India as well as other countries.

Written by the company on its public Startup India profile. Not verified by us.