Anil Jain's Refex Energy Ltd has Commissioned 2 Solar PV Plant in Rajasthan and Telangana

Anil Jain’s Refex Energy Ltd, one of India’s leading Solar EPC companies in terms of cumulative EPC installations, has commissioned 2 solar PV plant aggregating to 18 MWp in the states of Rajasthan and Telangana. The Telangana project for Aditya Birla Group, one of India’s biggest IPP for Solar, is a 11 MWp deploying Poly-Silicon modules and Central Inverters. The second plant of capacity 7 MWp was constructed for Ghodawat Group in two parts, 4 MW in May and 3 MW in September. The plant marks Ghodawat Group’s first foray in the solar sector.

“In both the plants we have used tier – 1 equipments and deployed best engineering practices.” said Mr. Arun Mehta, CEO, Refex Energy Ltd. These solar plants takes the total commissioned tally for Refex to 80 MW spread across 6 different states. The company, aggressively building up market share in the Indian Solar EPC industry, has another 40MW expected to be commissioned by December 2014.

Anil Jain's Refex Energy Ltd. has successfully commissioned a 10 MWp solar plant in Kolayat region in Rajasthan

Anil Jain's Refex Energy Ltd., the country’s fourth largest EPC company in terms of market share, (Source: Bridge to India Solar Map 2014) has successfully commissioned a 10 MWp solar plant in Kolayat region in Rajasthan. The Solar PV project deploys Canadian Solar poly-crystalline modules and Schneider Central Inverter and is owned by Trimex Sands Pvt. Ltd, India's top specialty value chain provider for industrial minerals. The Mining - Minerals - Real Estate conglomerate is based out of Chennai and has recently forayed into the renewable energy sector. The plant was commissioned on 30th September 2014 enabling the Group to avail of full accelerated depreciation benefit.

Speaking during the event, Mr. Anil Jain, Managing Director, Refex Energy Ltd. said, “We are extremely happy on commissioning Trimex Group’s third Solar Project. We have also commissioned two other plants for Trimex Group’s captive requirement and are extremely happy to have been entrusted with the job for the third time.”

Mr. Pradeep Koneru, Managing Director, Trimex Sands Pvt. Ltd. spoke at length on the occasion, “Refex has been chosen by the Trimex Group as its preferred EPC partner. We have executed 2 projects with them and are happy with their capability and on-time execution of the projects. We look forward to partner with them in all our future Renewable endeavors and wish them all the luck and success.

Anil Jain Refex Refrigerant Superior Quality And Resilient

Anil Jain Refex Refrigerant Industries is one of the leading distributors of refrigerant gases all over India. The main goal of the company is to manufacture eco-friendly gases replacing the most dreadful agents such as chlorofluro carbons (CFCs). The products of the company are mainly used as foam blowing agents, refrigerants and aerosol propellants. Refex Refrigerants shows utmost dedication in retaining their reputation with respect to safety and health of the society and environment. Their prime motive is attaining success without sparing the safety factor of the surrounding atmosphere.

The industry is headed by Anil Jain, respectable and successful manufacturer of refrigerant gases. The quality of the products can be valued from the years of experience he has dedicated himself for the growth of the company. He has been thriving hard for about 9 years to overcome the problems encountered by refrigerant gases. Anil Jain takes priceless efforts in educating the public about the hazards of refrigerant gases and their effects upon ozone layer. His intension is to avoid accidents of refrigerant gases that may happen due to carelessness and mishandling of refrigerant cans and cylinders. Anil Jain’s knowledge is not restricted to refrigerants domain, it extends even to the field of solar power generation.

Each of Refex customers are provided with an analysis certificate that confirms the standard and quality of their products. They take complete care in ensuring the safety of customer while refilling the gases. The refilled products are tested and certified before and after completion of the process in highly advanced laboratory. RIL has received the ISO 9001-2000 certification from TUV-SUD, Germany. Anil Jain Refex Refrigerant Industry is equipped with cutting-edge and highly advanced technological devices that meet the standard of quality and safety of products. Refex team is the only reason for the success and popularity of the products. Each employee of Refex is a gift to the company who work passionately to reach the goals.

The goals of Anil Jain Refex Refrigerant Industries are not constrained to just quality of products; they go beyond boundaries in meeting the competitive edge and expectations of clients. They tend to serve both their clients and society with proper balance of quality and safety. Three main reasons for the success and growth of the company include professionalism in work process, commitment to work and loyalty to people. 

Industrialist Anil Jain Investments

Industrialist Anil Jain is a Managing director at Refex Refrigerants Ltd/Refex Energy Ltd. In his Personal capacity, Industrialist Anil Jain has been nurturing start ups and mentoring them towards growth. Anil Jain has put his investments in 2 Startups I Love Diamonds Pvt Limited, which is into online Jewelry with name “ilovediamonds.com”. The business and website is officially getting launched on 28th August 2015. Apart from selling Jewelry online, its also planning to set up trust stores across the country. 3 of the stores are already up in Bangalore, Chennai and Coimbatore. The investment is to the tune of 1Million USD.

Industrialist Anil Jain’s next Investment is into a Laundry business in the company called The Laundry Project Private Limited, running under brand name “wassup”. They are in the business of commercial and Retail Laundry with operations in Chennai, Kochi, Bangalore and Delhi, starting soon in Mumbai. Anil Jain is one of the biggest investor after the promoters. Currently HNI’s including, B.S.Nagesh, non-executive vice-chairman of Shoppers Stop, former Barclays India chief executive Mani Subramanian, Ranga Iyer, former MD of pharma major Wyeth India and Arun Chandra Mohan and Praveen Sinha, founders of Jabongg are other investors in this venture. The investment in this is close to 0.65Million USD.

Anil Jain has in principally signed 2 more investment in Online Insurance and Management cum Business Intelligence Companies, Due diligence of both are under process and will be closed by end of September. The total investments in these companies will be close to 1.4Million USD.

Apart from the above investments, Industrialist Anil Jain has outlined another 3 Million USD to be invested in other startups in various fields over the next 12 months. Apart from just financial investments, he brings in a strong team to the companies to help them transform a family owned or a single person owned businesses to Corporates, his team is an expert in Business and Companies transformations by building Systems, SoP’s, KPI’s etc., these helps Company scale very fast and adapt to the fast growing business environment. Industrialist Anil Jain’s team also sets up trainings and brings in external consultants from various fields to help in decision makings and sign off for the business plans.

Saving the Society by Arresting Ozone Depletion by Anil Jain

Industrialist Anil Jain approaches to capture refrigerant gas leaks in cans, ISO tanks as he is having immersed knowledge in refrigerant space for quite a long time.

A Refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. Many fluids have been used for such purposes. Fluorocarbons especially chlorofluorocarbons, became commonplace in the 20th century, but they are being phased out because of their ozone depletion effects.

CFCs have a lifetime of about 20 to 100 years, and consequently one free chlorine atom from a CFC molecule can do a lot of damage, destroying ozone molecules for a long time.  Although they are both nontoxic and very useful, CFCs damage the ozone layer, the thin layer of Earth’s upper atmosphere that absorbs UV light from the sun. Because UV light can cause skin cancer in humans, damage to the ozone layer has serious possible consequences for the society.

It is regarded as the major cause for ozone layer depletion contributing to global warming (green house effect).

Now days large quantities of CFCs filled refrigerant cans, cylinders, ISO tanks etc., This indicates that if CFCs are leaked in the environment, it will cause major effect to the society.

Mr .Anil Jain, CEO of Refex Refrigerant Limited, works for ozone diplomacy in saving the society by suggesting refrigerant leak arresting techniques.

Mr. Anil Jain works for the ozone diplomacy in suggesting ways which helps the society to know about the refrigerant release capturing procedures. His Gases leak detection methods and preventing measures can be undertaken for both initial test and follow - up verification, so that it can be identified at the earlier stage and fixed as soon as possible.

Anil Jain Refex Energy said Setting up solar plants more expensive in Tamil Nadu

Anil Jain Chairman and Managing Director of the company Refex Energy said Setting up solar plants more expensive in Tamil Nadu. Even as the Tamil Nadu government is trying hard to be seen as India's next solar destination, taxation rules are serving as a hurdle.

"The overall project costs go up, because about 95% of the cost of a solar plant is the equipment while construction cost is very low. And it is the equipment that is taxed. We have petitioned the government but to no avail," Anil Jain, managing director of Refex Energy , said.

Setting up a solar power plant in TN is about 8% more expensive than in other states since companies have to pay between 5% and 14.5% more as taxes while procuring solar equipment, and liaisoning costs are higher.

A company that wants to set up a 10MW solar plant in Tamil Nadu would have to shell out about `3 crore more as the state imposes value added tax (VAT) of 5% on equipment required for solar plants."Andhra Pradesh, Maharashtra and Punjab offer full VAT refund. Tamil Nadu's solar policy offers no such exemption," Dakshinamoorthy Arumugam, director of Marigold Steel and Power, said. 

Industrialist Anil Jain History

Industrialist Anil Jain’s father and uncle came to Chennai in 1960 and started with an Auto Finance business. Over the period of time business had gradually moved up to trading in Industrial Stainless Steel. In 1976 they had started Madras Metals and Bombay metals in 1980. In mid 90’s Anil’s father has pioneered in initiating Bombay Metals.

During School days, he used to get paid Rs.15 for counting the collections of the firm at the end of the day. He slowly started learning the trade and started helping his father. During College days he had even sold Jeans and T-Shirts. According to him, accountability is very much important. He didn’t even mind carrying out basic jobs.  The environment in which he had spent his childhood days was that he had to earn his own way for his standard of living.

This made him independent from an early age. My vision came to alive after meeting with one of my customers, when I was exposed to a new product – Refrigerant Gas. A bit of research and he knew his big vision was at hand. He was able to foresee an exponential growth in the business of HFC gases, as by 2010 the use of HFC gases would be mandatory as per the Montreal Protocol.

There has been no look back since then.

His next vision is to establish a global footprint. As a first step he had taken majority stake in a Singapore-based company called Kaltech Engineering and Refrigeration Pvt Ltd, which was not very successful. So he had exited from this in 2011. During the same period, he also started Refex Energy Limited at home, which was focused on Solar Energy. His desire and vision drives him to the path of success.

His biggest strength is his team of people. He is always for them, personally and professionally.

Industrialist Anil Jain’s words to budding entrepreneurs: Be practical and pragmatic about whatever you do. Once you see the worth of something, take it forward, no matter what.