Taxus Infrastructure and Power Projects Pvt. Ltd.- About Us
Taxus Infrastructure & Power Projects Pvt. Ltd. (TIPPPL) was formed on 29th January, 2009 with the basic purpose of generation and conservation of electric energy.
The other objective of the company is to become key player in providing cutting edge technology solutions to various problems faced in Electricity generation, distribution and transmission. In a very short span TIPPPL has completed the first ever Reactive Power Management Project in Uttar Haryana Bijli Vitran Nigam (UHBVN), which again is first of its kind in any electricity utility in India. The total number of capacitor banks which were automated under this project were in excess of 240 Nos. and the total project was worth around Rupees Fifty Crores. The company has set up a small unit in Kala-Amb Himachal, where it fabricates steel structure and manufactures Automatic Control Units for reactive load managers.
Taxus Infrastructure & Power Projects Pvt. Ltd. (TIPPPL) was formed in Jan'09.
The Company is promoted by Satyen Sharma and Puneet Rana. Satyen Sharma is a visionary who after completing his MBA, become North head of a French Multinational at a very young age of 25. At 26, he started his own business dealing in medical equipments and subsequently became leading manufacturers of air ascepticization machines in India.
This company, which specializes in medical equipments, is called Taxus Meditech and recently a state of the art factory has been setup at Kala-Amb, Himachal. It was his desire to explore new avenues and other promising fields, which led to the formation of Taxus Infrastructure & Power Projects Pvt. Ltd. (TIPPPL).
In year 2006, the company rented out a shed in Rithala, Rohini, Delhi, and the first machine was manufactured from there. Due to it's philosophy of quality products at affordable prices, the company is always over booked with orders.
In year 2008, an urgent need for capacity expansion was felt and for that land was procured in special category state of Himachal Pradesh. The choice was made of Himachal Pradesh primarily because of income tax exemption for five years and excise exemption for ten years. The work on building construction was started in October'08 and got over in April'09.
The company is a proprietorship concern, owned by Mr. Satyen Sharma. Mr Satyen Sharma is a visionary who after completing his MBA, became north head of a French Multinational at a very young age of 25. At 26, he started Taxus Meditech after leaving a well paying job with the Multinational.
Initially Taxus Meditech was a trading concern which subsequently started its own manufacturing of medical equipments and became market leader in its area of specialization i.e., Room Asepticization Systems. It was Mr. Satyen Sharma's desire to explore new avenues and other promising fields which led to Taxus Meditech foraying in other related fields like Hand Asepticization, instrument Sterilization (EO Sterilizers and Autoclaves) and Air Purification Systems. Mr. Satyen Sharma is also Managing Director of Taxus Infrastructure & Power Projects Pvt. Ltd., which in joint venture with EPCOS India Pvt. Ltd. has received orders worth around Rupees Forty Crore. This company specializes in providing cutting edge technology for electricity transmission related problems.