Best Power Equipment, a market leader with over two decades of experience, offers a range of power management solutions, including uninterruptible power supplies, smart racks, and software. They distribute their products to OEMs and sell over 60,000 UPS products monthly in India and other countries. BPE founder and Group Managing Director Amitanshu Satpathy discussed the company’s market potential and its journey in the segment during an interactive session with correspondent Sanjiv Jasrotia.
How is Best Power Equipment contributing to the energy sector ?
This is an excellent time to expand, as the UPS market in India is rapidly expanding. In order to keep up with the current rate of industrial growth in India, an uninterrupted power supply is essential. Modern UPS devices can provide uninterruptible power supply to any industry while also preventing voltage fluctuations that cause operational disruptions and damage to various machinery functions.
BPE not only manufactures robust UPS solutions, but we also believe in making a positive impact on society by designing environmentally friendly and sustainable power solutions. In this age of digitization, where technology is changing on a daily basis, it is critical to invest in research and development. BPE has launched a variety of products and solutions in its quest to be the best power solution for multiple industries.
In a country like India, the growing gap between supply and demand causes frequent load shedding, electricity crises, and power outages. While IT and ITeS-based industries have the highest demand, the digital revolution has increased demand for uninterrupted power supply from Tier 2 and Tier 3 cities as well.
Furthermore, following COVID-19, the demand for uninterrupted power has skyrocketed for a variety of reasons. As a result, the reliance on UPS will continue to grow. According to industry reports, the UPS market in India is expected to grow at an 8.20% CAGR between 2022 and 2030.
Our top priority is to provide the highest quality products and the best solution for our clients. We intend to align with Industry 4.0 and embrace innovative solutions capable of serving all clients at competitive costs.
Besides India, in which other countries is BPE collaborating, and what are the areas?
The company began its power story in Noida, India, with the goal of providing energy-efficient power solutions around the world. BPE has expanded into international markets such as the Philippines, Germany, Turkey, Singapore, Malaysia, and Taiwan over the last 23 years. BPE recently expanded its operations in Dubai, United Arab Emirates, with the goal of consolidating its position as the industry leader through innovation and market adaptation.
BPE has over 2 million customers and serves various industry verticals such as industrial and plant automation, IT/ITES BPO services, banking, healthcare, insurance, and finance, the government sector, the corporate sector, small-scale businesses, and data centres.
What are the solutions that BPE is providing?
Our product portfolio includes single-phase 1-20 KVA line-interactive UPS, three-phase modular UPS (up to 6 megawatts), monolithic UPS (up to 8 megawatts), smart racks, and energy storage solutions.
BPE will prioritise innovation, R&D, expansion, and technology over the next five years. We intend to align our operations with 4.0 technologies, which allow for faster, more flexible, and efficient processes that result in higher-quality goods at lower costs.
In addition, BPE offers after-sales support. We seamlessly address each customer issue in order to minimise business interruptions, improve system availability, improve power device manageability, and reduce total cost of ownership.
Has BPE collaborated or partnered with any of the Ministries or Departments of the Government of India? If yes, please elaborate on it?
We are proud to have contributed to significant projects in the government, healthcare, banking, information technology, FMCG, and retail industries. We have supplied UPS systems to prestigious organisations and government projects such as India’s first hyper scale data centre, the Power Grid Corporation of India, and critical power systems for Singapore and Maldives airports.
We grew our customer base by acquiring Sugar Corporation of Uganda Limited, Grasshopper Asia, a Singapore-based fintech company, and educational institutes in the UAE and Malaysia.
How does BPE contribute to society in terms of its societal responsibility?
With its foundation named Omkar Gadi, BPE is involved in a wide range of activities to give back to society. The activities are primarily in the areas of education, health, and skill development.BPE collaborates with schools to provide quality education, offering scholarships, remedial classes, and stationery to underprivileged students. They believe education is crucial for societal progress and strive to ensure every student excels in their studies.
We conduct regular blood donation and vaccination camps, provide live-saving medicines, and have expert doctors in dispensaries to provide essential healthcare services to the underprivileged..
BPE promotes respectable lives for all by providing skill development courses for both men and women, enabling them to learn basic trade skills and earn a livelihood.