Organizations in the Program
ARGO SOLAR PRIVATE LIMITED
Argo, established in 2013, provides solar rooftop and solar pumping solutions on a turn-key and an operating (Op-Ex) model basis. Customers include educational institutions, hospitals, hotels, warehouses and the state or central government. Pumping solutions are sold mostly with government tenders. The company is partnered with State Bank of India and Siemens Finance, a non-banking financial company (NBFC) for customer end financing. The Op-Ex projects are financed through third party investors like ReNew Power.
Achieved
As on date, Argo has executed over 100 projects with a total installed capacity of 4500 kW. It is present in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Delhi, Haryana and Uttar Pradesh. The installations benefit over 10,000 students, reducing 4500 tons of CO2 emissions per year.
Growth Plan
Over the next 5 years, Argo is expanding operations to 10 states with plans to install 100 MW of solar rooftop systems and 7000 pumping systems.
Key Team Members
Rajesh Peddu (Cofounder and Director)
VVS Raju Datla (Cofounder and Director)
Head Quarters
Hyderabad, Telangana