Unimacts’ parent company ZETWERK Manufacturing Businesses, the world’s largest managed marketplace for contract manufacturing, has secured a second order from National Thermal Power Corporation (NTPC), India’s largest power generation company.
Highlights
Major Order Secured: ZETWERK Manufacturing, through its subsidiary Unimacts, has received a significant second order from National Thermal Power Corporation (NTPC) for solar PV modules.
Order Size: The new order is for 1.5 GW of solar PV modules, which represents a fourfold increase from the previous order placed by NTPC Renewables in 2023. Financial details were not disclosed.
Project Details: This order includes the manufacturing and supply of ALMM-compliant, domestically produced solar PV modules, along with mandatory spares, specifically for the 1200 MW Khavda Solar project in Gujarat, India.
Timeline for Delivery: ZETWERK is set to manufacture and deliver the solar modules over a period of seven months, showcasing its capacity to efficiently manage large-scale projects.
Commitment to Renewable Energy: Co-founder Srinath Ramakkrushnan emphasized the company’s commitment to delivering high-quality, sustainable solar solutions that support India’s energy transition and bolster domestic manufacturing.
Expertise in Renewable Solutions: ZETWERK’s Energy Transition Business encompasses various sectors, including solar PV module manufacturing, battery pack and charger manufacturing, and battery energy storage system (BESS) solutions, backed by a skilled workforce of over 450 employees.
In-House Innovation: The company maintains a robust in-house R&D team to ensure high standards of innovation and quality in its products.
Unimacts Overview: Unimacts, headquartered in Sloan, NV, is a significant player in the US solar industry, providing durable solar components and supporting the North American market with multiple manufacturing facilities.
ZETWERK’s Business Model: As a managed marketplace for contract manufacturing, ZETWERK partners with leading industrial and consumer enterprises, facilitating efficient product manufacturing through a global network of smaller manufacturers.
Brand Recognition: ZETWERK is recognized as India’s 64th most valuable brand and the 2nd strongest engineering brand by Brand Finance in 2024.
This substantial order reflects ZETWERK’s growing influence in the renewable energy sector and its capacity to contribute significantly to India’s solar energy initiatives.