Support and Resistance Levels
Past performance
About Ujaas Energy Ltd Ujaas Energy Limited, formerly known as M AND B Switchgears, is a prominent player in India's solar power sector, focusing on developing, operating, and maintaining solar energy plants under the flagship brand 'UJAAS'. Headquartered in Indore, Madhya Pradesh, the company operates across three primary business segments: Transformer manufacturing, Solar Power Plant Operations, and the Manufacturing & Sale of Solar Power Systems. Within its solar business, it specializes in Solar Parks, EPC, and Rooftop solutions. Ujaas Energy was the first in India to generate and sell Solar Renewable Energy Certificates (REC) from its 2 MW solar plant in Rajgarh, Madhya Pradesh.
The company has expanded its portfolio internationally with subsidiaries in Hong Kong and Uganda, and has diversified into the electric vehicle sector, offering efficient electric scooters. Notably, Ujaas Energy's projects have earned recognition under the Clean Development Mechanism, enabling it to trade Certified Emission Reduction credits globally. Additionally, the company has successfully commissioned major solar projects, including a 2 GW solar park in Karnataka and multiple large-scale installations across India.