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StatesPosted at: Apr 19 2017 5:38PM


Freyr Energy targets revenue of Rs 70-80 cr during 2017-18: Saurabh Marda

Hyderabad, Apr 19 (UNI) Freyr Energy, a solar solutions provider has targetted a revenue of Rs 70 to 80 crore during 2017-18, company Co-Founder and Managing Director Saurabh Marda said.
Talking to newsmen after launching Freyr SunPro Application which would help individuals and companies to run their rooftop solar business here today, Mr Saurabh said that the company revenue stood at 12 crore during 2016-17. The company’s book order already reached to Rs 50-60 crore in this fiscal and expected the company's revenue touches to Rs 70-80 crore during 2017-18, he said.
He said that the Hyderabad-based company Freyr Energy offering products range from Rooftop Systems, Petrol Pumps, Solar Water Pumps to Microgrids in India and Ghana. In the last three years, the company had installed over 770 solar systems across 12 states, impacting 40,000 lives in rural India and Ghana, he said.
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Tags: #Freyr Energy targets revenue of Rs 70-80 cr during 2017-18: Saurabh Marda
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