Company Profile
The Company was originally incorporated as ‘Zodiac Genset Private Limited’ at Ahmedabad on May 22, 1992 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Ahmedabad. Subsequently, the name of the company was changed to ‘Zodiac Energy Private Limited’ on April 30, 2007 and fresh Certificate of Incorporation consequent upon change of name was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, Ahmedabad. Consequently upon the conversion of the Company into public limited company, the name of Company was changed to ‘Zodiac Energy Limited’ and fresh Certificate of Incorporation dated August 29, 2017 was issued by the Registrar of Companies, Gujarat Dadra and Nagar Haveli, Ahmedabad.
Business area of the Company:
They are Energy Solution Provider company having experience of more than two decades in majority of verticals of power generations spectrum. Their spectrum of services are including Design, supply, installation, Testing and Commissioning (EPC) and Operation and Maintenance (O&M) in short they provide turnkey solutions from concept to commissioning of power plants. The company has installed solar power plants for many prominent clients like Sun-Edison India Limited, Adani Group, Torrent Power Limited, Gujarat Energy development Agency, Reserve Bank of India, Directorate of Lighthouse and Lightships Government of India (GoI), Indian Oil Corporation Limited to name a few. The company has installed more than 6,000 KW of Rooftop solar power plants till now and it envisages to reach at 10,000 KW by end of 2017-18.
Major Events & Milestones:
1992: Zodiac was incorporated as Zodiac Genset Private Limited with primary business objective of assembly of Diesel Generating Sets. The Company became authorized OEM of Kirloskar Oil Engines Limited, Pune to assemble the gensets with Kirloskar engines and Kirloskar alternators.
1995: The Company has been awarded for significant sales growth during 1993-1995 from Kirloskar Oil Engines Limited.
1998: Zodiac was considered one of the best suppliers of D G Set by Department of Telecom (The largest buyer of D G Sets in the country at that point of time.)
2004: Zodiac forayed in to Gas engine based captive co-generation power plants and tied up with Local arm of Deutz Germany for solutions.
2005: Zodiac has installed 1.4 MW Gas engine based captive co-generation power plant on Built, Own, Operate and Transfer (BOOT) basis at AMUL Dairy, Anand. The first of its kind business model in the Country.
2006: Zodiac started working in various packages in coal based thermal power plants.
2007: In order to showcase the company's presence in wide spectrum of Energy Generation business, the Company's name changed to Zodiac Energy Private Limited.
2012: Zodiac also started manufacturing process equipment and served the prestigious clients like Ingersoll Rand, ITT, Borsig (Germany) Croll Raynolds Inc. USA, Mazda Limited etc.
2013: Zodiac became Acredited Channel Partner of Ministry of New and Renewable Energy (MNRE) for solar Thermal and Solar PV systems.
2013: Zodiac ventured in to nascent Solar power business keeping both Solar Thermal and Solar PV business in mind.
2013: Zodiac also established the state of the art manufacturing facility for solar water heaters.
2015: After introduction of solar power policy 2015 by Gujarat Government and various state Governments, Zodiac took huge leap in Solar PV market and till now installed more than 6000 KW of rooftop solar PV plants.
2017: Zodiac installed 1 MW ground mounted solar PV power plant for Adani Transmission Limited at Mohindergarh, Haryana.
Awards and Accrediation:
2013: Solar grading SP 3B by CARE ratings which indicates Moderate Performance Capability and Moderate Financial Strength (Grading scale SP 1A to SP 5C).
2016: Solar Grading of the company upgraded to SP 2C by Brickwork ratings which indicates High Technical Capability and Moderate Financial Strength (Grading Scale SP 1A to SP 5E).