<div>Power solutions company ‘Jakson’ has set a target of Rs 650 crore turnover by 2017 from its solar power division. At the group level, the company aims at a revenue of Rs 2,500 crore in the same period.<br /><br />The company plans to invest Rs 700 crore in setting up independent solar plants having a generation capacity of 100 MW over the next three years.<br /> <br />At present, the company has a small portfolio of 20 MW in the solar generation.<br /><br />The company has launched a new range of solar power-based products home lighting systems, street Lights, indoor RO systems and PV modules.<br /><br />The company is targeting the rural areas in the country which are not connected with the grid.<br /><br />“We have immense potential in the rural areas wherel conventional power is not available . In the coming years we see out business growing in those areas,” said Sameer gupta, managing director Jakson group.<br /><br />In the first phase, the company is targeting markets like Bihar, Uttra Pradesh, North east and Jammu & Kashmir. The second phase will include Telengana, Rajasthan and Tamil Nadu.</div>
