Sujana Energy Limited (SE) has entered into strategic Partnership with the Japanese Company Nichia Corporation. Both companies will work together to explore opportunities in the field of LED Lighting and Display for the first time in India.
As part of the partnership, the two companies will collaborate on compatible capabilities that can be applied to benefit the current and future customers in India. For a country like India, faced with acute shortage of electricity on the one hand and 'dark region', unconnected to the power grid, LED lighting is the cost energy efficient means of lighting, in fact it affords more than 50% saving in power costs for the same level of luminous efficiency and works well with renewable energy sources like solar power.
Expressing his satisfaction on the strategic Partnership with Nichia Corporation, YS Chowdary, Chairman, Sujana Group of Companies said "Renewable energy is the focus area for the Sujana Group of Companies and I am sure that this partnership where two large corporations come together is a sign of commitment to make latest technology products that are available, applicable & affordable to consumers. This I am sure will go a long way in lighting up the
World."
Nichia Corporation is the largest supplier of white LEDs in the world. It offers many products and technologies that can be adapted to Indian conditions. On the other hand, Sujana Energy is strong in R&D and has the understanding of the unique needs of India.
The two companies make for an ideal partnership to develop and jointly market products that are designed for use in homes and offices as well as public conveniences. Under the Solar Power Mission itself the government plans to convert 60 Indian cities to total solar powered cities, making for an opportunity of almost Rs. 1800 million for LED lighting equipment alone.
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