Simarpreet Singh
ED & CEO
Owing to such fertile conditions, the EPC industry in India is witnessing a hockey stick growth lately, wherein Blueweave Consulting predicts the EPC market to grow at a CAGR of 21.94 percent and be worth $45.36 billion by 2029. Among the myriad of companies that are currently operating in the Indian EPC space, one that stands out is Hartek Group. Based in Mohali, Hartek Group was established in 1991 by Hartek Singh (Founder & Group CMD) as a trading business of power distribution products with just a team of around 5-10 employees but later diversified into other verticals as well. Today, with a team of over 400 employees, the company has positioned itself among the leading EPC companies in India. Additionally, it is on a mission towards becoming the global leader in providing engineering, procurement, construction and manufacturing solutions for power distribution systems and renewable energy verticals.
Key Business Lines & their Offerings
As a full-fledged conglomerate, Hartek Group is into three major business lines – Power Systems, Renewables and Power Distribution Products. Hartek Power(the group’s power systems division) provides a wide range of solutions and services that include HV & EHV Substations, Industrial Electrification, Balance of Plant, Testing & Commission, Project Management & Consulting, Design Engineering, Equipment Supply, and Operation & Maintenance. Similarly, the group’s renewables arm Hartek Solar provides end-to-end services such as Design & Engineering, Construction, Project Management, Supply & Installations, Testing & Maintenance, and Site Appraisal to
industrial, commercial and floating solar projects. On the other hand, Hartek India, the power distribution products division of the group, offers a wide range of products like Medium voltage Switchboard Panels, Low Voltage Panels, Busbar Trunking, Control Relay Panels, and Packaged Substation, along with SCADA and automation services.
“Committed to spearheading the energy transition towards renewables and net-zero emissions, our Power System business unit has connected over 10GW of Solar to the grid in utility-scale projects through its Power System and T&D expertise, contributing to the reduction of 300 million tons of carbon emissions till date. Also, our Renewable business unit is at the forefront of providing clean energy solutions, empowering countless industries and businesses with solar installations. Embracing the vision of smart cities and intelligent infrastructure, we are integrating renewable energy seamlessly into the grid, revolutionizing the landscape of power distribution. Overall, by being a one-stop-shop for all your power, electrical and renewable needs, we are dedicated to ‘Making the Future Powerful’ for millions worldwide, enriching lives and fostering sustainable development”, says Mr. Simarpreet Singh, ED & CEO Hartek Group.
Standing a Class Apart
In any EPC project, timely execution, safety and cost efficiency remain the most critical aspects in terms of maintaining service excellence and customer experience. The primary USP of Hartek Group has been its ability to consistently maintain all three factors across each of the projects for every stakeholder by leveraging the right set of cutting-edge technology innovations. As a client-centric organization, Hartek Group’s operations are built open six core values – Safety, Integrity, Ownership, Collaboration, Adaptability and Mutual Respect. Also, the group’s state of-the-art infrastructure and facilities are not only in line with ISO standards in terms of compliance, but are also capable of maintaining global quality standards in all the group’s offerings. Such industry-benchmark practices have enabled Hartek Group to be the most sought-after EPC partner for diverse power and infrastructure projects.
“With India surpassing 200GW solar connectivity, we are proud to have contributed at least five per cent of it. To date, we have successfully completed around 350 projects across 21 Indian states and done about 10GW solar grid connectivity and 120 MW C&I rooftop connectivity. Currently, we are working on a 300MW turnkey EPC project and supporting the grid substations up to 765kV for leading developers. Overall, with an impressive order book of over Rs.1000 crore at hand, we aim to grow at a CAGR of 30-50 percent in the coming year”, Simarpreet Singh further adds.
Future Prospects
Considering the steep growth that the Indian EPC sector is poised to witness over the next five years, Hartek has a well-planned ‘Mission 2030’ in place through which it aspires to achieve the status of a Rs.10,000 crore company by 2030. In light of this, it also plans to diversify into new business verticals, but will maintain the prime focus on the power sector. Additionally, the company is also looking forward to enhance its capabilities – from the present 755kV to 1400kV in terms of grid substations and from the current 300 MW to 500-700 MW plants in terms of EPC solutions. Further, Hartek will be bringing in more product innovations in terms of SCADA, grid efficiency, and measuring & monitoring consumption in the days to come. Most importantly, Hartek Group is keen on exploring new avenues beyond the regular renewable energy such as solar into hybrid, BESS, green hydrogen or any other organic forms of energy solutions.
“Committed to spearheading the energy transition towards renewables and net-zero emissions, our Power System business unit has connected over 10GW of Solar to the grid in utility-scale projects through its Power System and T&D expertise, contributing to the reduction of 300 million tons of carbon emissions till date. Also, our Renewable business unit is at the forefront of providing clean energy solutions, empowering countless industries and businesses with solar installations. Embracing the vision of smart cities and intelligent infrastructure, we are integrating renewable energy seamlessly into the grid, revolutionizing the landscape of power distribution. Overall, by being a one-stop-shop for all your power, electrical and renewable needs, we are dedicated to ‘Making the Future Powerful’ for millions worldwide, enriching lives and fostering sustainable development”, says Mr. Simarpreet Singh, ED & CEO Hartek Group.
We are among the few companies in India building 765kV substations, 300 MW solar EPC projects, and 10 GW rooftop solar for C&I customers – serving all to meet the net-zero goals
Standing a Class Apart
In any EPC project, timely execution, safety and cost efficiency remain the most critical aspects in terms of maintaining service excellence and customer experience. The primary USP of Hartek Group has been its ability to consistently maintain all three factors across each of the projects for every stakeholder by leveraging the right set of cutting-edge technology innovations. As a client-centric organization, Hartek Group’s operations are built open six core values – Safety, Integrity, Ownership, Collaboration, Adaptability and Mutual Respect. Also, the group’s state of-the-art infrastructure and facilities are not only in line with ISO standards in terms of compliance, but are also capable of maintaining global quality standards in all the group’s offerings. Such industry-benchmark practices have enabled Hartek Group to be the most sought-after EPC partner for diverse power and infrastructure projects.
“With India surpassing 200GW solar connectivity, we are proud to have contributed at least five per cent of it. To date, we have successfully completed around 350 projects across 21 Indian states and done about 10GW solar grid connectivity and 120 MW C&I rooftop connectivity. Currently, we are working on a 300MW turnkey EPC project and supporting the grid substations up to 765kV for leading developers. Overall, with an impressive order book of over Rs.1000 crore at hand, we aim to grow at a CAGR of 30-50 percent in the coming year”, Simarpreet Singh further adds.
Future Prospects
Considering the steep growth that the Indian EPC sector is poised to witness over the next five years, Hartek has a well-planned ‘Mission 2030’ in place through which it aspires to achieve the status of a Rs.10,000 crore company by 2030. In light of this, it also plans to diversify into new business verticals, but will maintain the prime focus on the power sector. Additionally, the company is also looking forward to enhance its capabilities – from the present 755kV to 1400kV in terms of grid substations and from the current 300 MW to 500-700 MW plants in terms of EPC solutions. Further, Hartek will be bringing in more product innovations in terms of SCADA, grid efficiency, and measuring & monitoring consumption in the days to come. Most importantly, Hartek Group is keen on exploring new avenues beyond the regular renewable energy such as solar into hybrid, BESS, green hydrogen or any other organic forms of energy solutions.