First Solar India Limited (FSIL) is being promoted by the Jalan Group of Companies, which has created its niche in the Financial Markets of the nation and has been in the Business of Stock Markets for the past 25 years. The Group has been ushered into a high growth trajectory and has been posting good results for the past several financial quarters. The group has a cumulative Annual Turnover of over Rs.45,000 crores ( USD 10 Billion) with an annualized growth of 30%. To sustain the growth momentum and as being an environmental friendly corporate citizen the company plans to diversify in the renewable energy sector. The Group has now identified to tap the solar bliss of nature and help the nation achieve its solar objectives to be at the forefront of the green power. The group has therefore formed First Solar India Limited which has been in collaboration with its foreign partners to commission and promote this invaluable form of energy. The Group believes in its one principle that the "Seeds which we sow today will reap benefits in future."
First Solar India Limited (FSIL) has been incorporated with the primary view of providing Clean and Green Energy requirements of the Globe. FSIL envisions being a Global Leader in generation of Clean Electricity from Renewable Sources of energy and proposes to set up Solar Plants across the Nation to meet the Nations ever-growing energy needs. FSIL believes in the combination and working of the Best Practices across the world to work in hand with Local expertise from India
FSIL has been has been working hand in hand with the Government of India and the National Solar mission and envisions to build the Indian Solar Industry as the world's biggest Solar Country and bring down grid parity costs. The Deep understanding of local operating environments allows FSIL to rapidly deploy efficient, effective execution teams
FSIL boasts of a World-class management team with extensive experience developing renewable energy projects across India.
Pursuing a "Build, Own and Operate" development model, FSIL is committed to delivering the best, most reliable power generation solutions for the life of our projects
FSIL has completed its first 25 MW Solar PV plant in the State of Gujrat under its SPV "Sandland Real Estates Pvt. Ltd." and is generating over 37,80,000 KWh of power on a monthly basis. FSIL is also registered with the Rajashtan Renewable Energy Dept (RRECL) and NTPC NVVN ( a Govt. of India undertaking) and has over 250 MW of Solar PV Projects under pipeline.
FSIL's Board of Directors and executive management team are comprised of seasoned professionals with proven track records in building and managing companies to provide superior returns for investors. FSIL's leadership team has unparalleled experience in developing and executing renewable and conventional energy projects across the developing world.
FSIL is being headed by young entrepreneurs, Mr. Nikhil Jalan and Mr. Akhil Jalan who are committed to the core values of FSIL and are the driving force behind the nourishment and development of the corporation.
Mr. Nikhil Jalan , Chairman & Managing Director (32 years).
Mr. Jalan belongs to the new generation of Leaders and has provided a new Vision for the Group to adapt and Grow with the ever growing Financial and Technological facet of the Booming Indian Economy. A Management Graduate, Mr. Jalan has a work experience of over 12 years in the Financial Sector and over 5 years in the Renewable Energy Market and is therefore responsible for restructuring of the organization.
Felicitation of our Group MD and CEO, Mr. Nikhil Jalan by Hon'ble Chief Minister of Gujrat , Shri Narendrabhai Modi on 19-04-2012 in presence of Mr. Sourabhbhai Patel (Power Minister of Gujrat), Mr. Peter Haas (US Consul General to India) , Mr. DJ Pandian (Energy Secretary to Gujrat) and officials from ADB.
Mr. Akhil Jalan- Whole time Director & CEO ( Age 24 Years)
Mr. Jalan has recently joined the Corporate Family and is very well qualified with a Graduate degree in BSC (Hons) from Lancaster University, UK. He has been awarded with an outstanding student award and has excelled in accounts and finance. He is also completed his MBA ( A Family Business Management Course) conducted at the SP Jain Institute in Mumbai and has been working with our organization which has reformed and re developed itself around his ideas and motivation.
"The future depends on what we do in the present" - Mahatma Gandhi
We have a long tradition at our Group of passing along our memories about essential people and events that have made the firm what it is today - our business, heritage, culture and what we stand for, collectively and individually.
Integrity and honesty are at the heart of our business. We expect our people to maintain high ethical standards in everything they do, both in their work for the firm and in their personal lives.
We not only believe in creating wealth for our invaluable clients but are also striving that extra bit to make sure that in turn we do not ignore the environment we live in.
Our People are our Assets and our Principles are our Foundation, We believe in commitment to the utmost and have full faith in our values and believe that both Wealth & our Environment should be well respected and well applied to maximize returns and Growth.
The essence of developing a sustainable and better environment is to make sure that you are continuously planting those seeds (Investing in difference forms of renewable energy). You never know which one is going to be the biggest tree, but by planting those seeds you are assured that in terms of future ,there really is one.
We have an uncompromising determination to achieve excellence in everything we undertake. Though we may be involved in a wide variety and heavy volume of activity, we would, if it came to a choice, rather be best than biggest.