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Our Journey & Milestones

Phase 1 2005 – 2009

From Social Solar Initiative to Entrepreneurial Foundation

Shri Solar's journey began in 2005 as a social solar energy initiative with the objective of improving the quality of life in rural and hilly regions through affordable, durable, and practical solar solutions.

  • Extensive field visits in remote regions of Uttarakhand helped us understand local energy needs.
  • Continuous fieldwork across remote mountainous regions of Uttarakhand
  • Identification of solar solutions aligned with real rural needs
  • Development of LED-based solar lanterns as an alternative to expensive CFL lanterns
  • Focus on low cost, higher illumination, and longer product life
  • Building village-level service, sales, and technical experience
  • This phase developed a grassroots understanding of the solar sector, which shaped the future direction of the enterprise
Phase 2 2009 – 2013

Establishment of Shri Badrinath Vaikalpik Urja & Product Development

In 2009, after resigning from employment,
"Shri Badrinath Vaikalpik Urja" was established.
During this phase, the company focused on product-centric solar solutions with end-to-end capabilities in:

Development | Design | Supply | Installation

Product Portfolio

Solar Water Heater Systems
Solar Lanterns
Initial Models of Solar Street Lights
DC-based Small Home Lighting Systems

Key Highlights

Designs tailored to local climate and geographical conditions
Strong service and distribution network across Uttarakhand
Growing credibility in both government and private sectors
This phase strengthened the technical DNA of Shri Solar.
Phase 3 2013 – 2018

Expansion into LED Street Light & Pole Solutions

During this period, the company expanded into LED-based urban and infrastructure lighting solutions.

LED Street Lights
Street Light Poles
Design, Development & Manufacturing
Supply & Installation for Government and Institutional Projects

Major Achievements

Establishment of an LED manufacturing unit in Bawana, Delhi
Experience in large government tenders
Innovation in lithium battery-based solar street lights
Commitment to quality despite intense market price competition
This phase positioned Shri Solar as a Product + Project Execution Company.
Phase 4 2018 – 2025

Conversion to Public Limited Company & Solar EPC Transformation

In 2018, the company was converted into a Public Limited Company, marking a significant milestone.
During this phase, Shri Solar established itself as a full-fledged Solar EPC company.

Expansion of Solar EPC Vertical

C&I (Commercial & Industrial) Rooftop Solar Projects
Utility Scale Ground Mounted Solar Power Plants
PPA-based Solar Projects

Strong Role in Government Schemes

Mukhyamantri Saur Swarojgar Yojana (MSSY) – Uttarakhand
  • Registration and execution of mega utility-scale projects
KUSUM Yojana – Madhya Pradesh
PM Surya Ghar: Muft Bijli Yojana
  • Registration across 4 states
  • Rapid expansion in rooftop solar installations

Key Achievements

15 MW+
Solar EPC projects executed
5,000+
satisfied customers
PSUs & Govt
Work experience with institutions
Strong
Coordination with banks, DISCOMs, regulatory departments
This phase established Shri Solar as a reliable, scalable, and long-term EPC brand.
Phase 5 2025 On Wards

Advanced Manufacturing & Future-Ready Solutions

From 2025, Shri Solar strategically expanded into high-value manufacturing and energy storage solutions.

New Manufacturing Focus

Solar Inverters
  • On-Grid
  • Hybrid
ESS – Energy Storage Systems (Lithium Battery Based)
Solar Modules

Vision

Single-Brand | Single-Responsibility Model
Integrated solution of EPC + Products + Energy Storage
Focus on grid stability and energy independence
This phase makes Shri Solar a future-ready renewable energy company.

Journey in One Line

From a social solar initiative in 2005 to advanced renewable manufacturing in 2025,
Shri Solar's journey is a continuous story of service, innovation, and trust