KHUSHBOO SACHDEV DIRECTOR SU-VASTIKA SYSTEM PRIVATE LIMITED
Khushboo Sachdev Director Su-vastika System Private Limited – Renewable Watch*65
Khushboo Sachdev shoulders the strategic, business and operational responsibilities of Su-vastika. Her deep-rooted understanding of the nuances of the solar energy business and knowledge of its trends have ensured Su-vastika entry into new markets. Prior to this, she had stints with prestigious organisation such as Headstrong, EXL, G4S Securities, and American Express.
Sachdev believes that the most pressing issue confronting the renewable energy manufacturing industry is shortage of power, especially during summer months when the heatwave peaks, despite a staggering installed capacity of 47.66 GW of solar power as per government data.” We might have the capacity to provide a surplus of 48 GW of solar power to the grid, considering peak summers when there is no dearth of sunshine and longer hours of sun exposure, but I do we feel we need infrastructural level to leverage this opportunity”, she remarks.
In her opinion, without a storage solution, there will always be a shortfall, as this surplus power is viable for the discoms only when grid electricity is available. Without it, this surplus power will not be useful, as it is only a supplement and will work only if primary power is available.
Sachdev’s management style involves learning and executing. “I am a keen learner and I know there is a lot to catch up on, but I am blessed with a great team of professionals who help me in running the business, with each having their own space to monitor and execute, “she says.
Sachdev’s primary goal is to help the company enter the Rs 1 billion turnover club with their new product range of solar and lithium-ion battery bank uninterruptible power supply (UPS) solutions that will replace diesel generator of up to 500kW. This will also address the pressing environment issues at hand, as the products will be green with minimum emission and no maintenance. “We will also be launching a smaller range of UPSs with an inbuilt lithium-ion battery bank that will be for users with small loads,” she says.
Khushboo has a master’s degree in English literature, a diploma in French Language, and has a natural flair for training. She spends most of her spare time with four-years-old twins. We love to go to parks, snuggle up to read, or play with sticker books,” she says.
Kunwer Sachdev: A Pioneer of India's Power Backup Industry Kunwer Sachdev, a visionary entrepreneur and the founder of Su-kam Power Systems, is widely recognized as the "Inverter Man of India" for his revolutionary contributions to the country's power backup industry. His journey from a humble background to building a multi-crore enterprise is a testament to his resilience, innovative spirit, and unwavering determination. Born on November 16, 1962, in a middle-class family in Delhi, Sachdev's early life was marked by financial challenges. He attended a government school in Punjabi Bagh and initially aspired to become a doctor. However, after failing to secure a spot in medical college, he pursued a degree in Statistics from Hindu College, Delhi University, and later a Bachelor of Laws degree. From a young age, he displayed an entrepreneurial streak, helping his elder brother sell pens door-to-door. This early exposure to business ignited his ambition to create something of his own. Sachdev began his professional career in the cable TV industry, where he founded a company in 1988. While his cable business was profitable, a personal experience with a malfunctioning inverter sparked a new idea. He identified a significant gap in the market for reliable and efficient power backup solutions. This insight led him to pivot his career and delve into the nascent inverter manufacturing business. In 1998, with a modest investment, Kunwer Sachdev founded Su-kam Power Systems. He set out to solve the problem of frequent power outages in India by creating high-quality, reliable, and aesthetically pleasing inverters. Under his leadership, Su-kam pioneered several groundbreaking innovations in the sector, including the introduction of the country's first plastic-body inverter and DSP sinewave inverters. The company quickly became a household name, expanding its footprint not only across India but also to more than 90 countries, particularly in Africa and the Middle East. At its peak, Su-kam's annual turnover reached a remarkable Rs. 1,100 crore, establishing it as a leader in the power backup and solar energy markets. Despite its success, Su-kam's journey was not without significant challenges. The company faced a series of financial difficulties, eventually leading to a default on a substantial bank loan. This triggered a corporate insolvency process which led to the company's liquidation. As a result, Kunwer Sachdev was forced to part ways with the company he founded and was no longer associated with Su-kam Power Systems Ltd. This marked the end of an era for the pioneering company and severely impacted its distributors and customers. Following this setback, Sachdev's entrepreneurial spirit remained undeterred. He embarked on a new chapter, founding Su-vastika Systems Pvt. Ltd. This new company, referred to as the "Solar Man of India," is focused on the future of energy storage, including lithium-ion batteries and Battery Energy Storage Systems (BESS). His new venture continues his legacy of innovation and commitment to providing sustainable energy solutions. Kunwwer Sachdev's story is an inspiring one of an individuals who saw a problem and worked tirelessly to create a solution, forever changing the landscape of the Indian power backup industry.
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