Incap Corporation: Incap India enhances share of renewable energy by installing solar panels

Incap India has completed the solar power project at its facilities in Tumkur, where 1,257 panels are fully installed, connected to the grid, and put into operation. This approximately EUR 400,000 investment is aimed at reducing the company’s carbon footprint and improving energy efficiency. The roof-top solar power plant is expected to generate a substantial return on investment (ROI), along with significant power cost savings and environmental benefits.

According to Murthy Munipalli, Managing Director of Incap India, the solar power project is an essential part of the company’s sustainability roadmap. "This investment is integral to Incap's operations and part of our positive contribution to the environment and local community. It reinforces our commitment to sustainable manufacturing practices and supports our goal of energy efficiency, while aligning with the company’s objective to increase the use of renewable energy across all units”, he stated.

The current solar power installation at the newest factory, featuring 1,257 panels, is capable of generating up to 680 kW of energy under favorable conditions. At the same time, Incap India is actively exploring opportunities to expand solar installations to its other factories, further strengthening its commitment to integrating renewable energy solutions across all its operations on the premises.

Incap India factory is located in Tumkur, near Bangalore. To meet the growing demand, Incap has been increasing the production capacity in India and opened a third factory in India in 2023. The three factories at Incap India have 26,500 square meters of total floor space. The factory produces inverters and UPS, battery chargers, PCBs for fuel and cash dispensers, power supply units, rescue devices, solar inverters, drives and medical devices as well as devices for other electronic industrial products. The machinery is suitable for common component technologies, and together with the great location and skilled personnel, Incap can provide high-quality manufacturing services to meet the most demanding customer needs.

Photos of Murthy Munipalli, Managing Director of Incap India, Incap India factory and solar panels located on the roof of the third and newest factory on the premises: https://photos.app.goo.gl/buCaucNiVHHHPsQK6; https://photos.app.goo.gl/VxjQsNZyPpd4bH4r8

INCAP CORPORATION

For additional information, please contact:
Otto Pukk, President and CEO of Incap Corporation, tel. +372 508 0798
Murthy Munipalli, Managing Director of Incap CMS Pvt. Ltd., tel. +91 98802 31431

Incap in brief
Incap Corporation is a trusted partner and full service provider in Electronics Manufacturing Services. As a global EMS company Incap supports customers ranging from large multinationals and mid-sized companies to small start-ups in their complete manufacturing value chain. Incap offers state-of-the-art technology backed up by an entrepreneurial culture and highly qualified personnel. The company has operations in Finland, Estonia, India, Slovakia, the UK, USA, and Hong Kong and employs approximately 2,300 people. Incap’s share has been listed on Nasdaq Helsinki Ltd stock exchange since 1997.