APL Apollo Embraces Sustainability Through Collaboration with Ornate Solar - UNN

2023-03-23 17:48:47 By : Mr. Chen Andy

APL Apollo Tubes and Ornate Solar have announced their strategic partnership to design, engineer, build & manufacture innovative structural solutions for India’s Solar industry.

The new venture would complement the existing business lines of both companies to leverage the shared expertise in structural steel engineering and solar energy to build integrated energy solutions which can provide a redefined outlook to sustainable construction.

APL Apollo with its investments into DFT (Direct Forming Technology) is already revolutionising the steel construction industry with the unique ability to manufacture customised rectangular steel sections that can be engineered to save building costs by up to 15% and enable 3x faster construction for infrastructure projects. With its core philosophy of ‘Growing Faster by Building Faster’ and a focus on continuous innovation, APL Apollo has captured 55% of the market share for Steel tubes across India and has won the trust of millions of consumers around the world.

“APL Apollo has consistently pushed the boundaries of steel construction with new product launches & revolutionary thinking. We have been the first to introduce structural steel square & rectangular hollow sections up to 300 x 300mm; pre-galvanised (GP) structural steel tubes; Direct Forming Technology and hollow steel sections up to 500 x 500 mm.

With InRoof we are now the first to launch an integrated solar roof for the pre-engineered building industry. This innovative product will use APL Apollo’s existing products such as solar torque tubes and coated products. This is in line with our Strategy of creating a new market for our products.” said Mr. Anubhav Gupta, Chief Strategic Officer of APL Apollo, on the partnership with Ornate Solar at the ‘Nayi Soch’ Steel Building Solutions conference held in Bangalore.

“In Ornate Solar, we saw the same core philosophies of innovation & sustainability which drive their design thinking to create new products. We’re excited to see how we can continue to further disrupt steel construction with this partnership and the addition of these products into our catalog of building solutions.” he adds. Ornate Solar is amongst the leading Solar Energy providers in India having worked closely with the largest renewable energy companies from Israel, Austria, USA, and India to deliver 750+ MW Solar projects over the past 8 years.

The APL Apollo Ornate InRoof which was unveiled at the event is India’s first Integrated Solar Roofing solution that can transform conventional solar panels into the primary roof for industrial sheds and commercial buildings. The patented assembly is completely rainproof and can be used for solar car parks, canopies, and facades apart from roof-integrated photovoltaic systems.

“We’re excited to have this opportunity to bring indigenously designed and developed engineering solutions to the global Solar landscape through this association with the Sudesh Gupta group. For over three decades they have revolutionised steel tube manufacturing, and are role models for this generation’s entrepreneurs on how to build a sustainable business,” said Mr. Aditya Goel, Executive Director of Ornate Solar.

“This partnership is a significant step forward in our commitment to helping build a greener, cleaner planet by bringing a sharper focus and renewed vigour to our strategic growth plans in this space,” Mr. Arvind Jain, Chief Operating Officer of Ornate Solar said at the launch.

The venture expects to do ₹2,500 crores in revenues by FY27 and will create employment opportunies for about 250 engineering graduates. It will operate from the National Capital Region and house an innovation hub, a design center for advanced technologies, as well as manufacturing facilities in other parts of India.

APL APOLLO GROUP is India’s largest manufacturer of steel pipes and tubes, with an annual capacity of more than 2.6 million tons and revenues of ₹13,000 crores (as of FY22). As a part of the SG Group, it caters extensively to India, and exports to over 20 countries globally. The company’s vast distribution network is spread across the domestic region within warehouses and branch offices in 29 cities.

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