Mahindra Powerol, which is a part of the Powertrain division, launched the 125 kVA DG sets priced at Rs 7.24 lakh that includes the cashless service charges of Rs 1.25 lakh, which the company launched as a part of its five-year super-shield plan for this product.
"We are seeing a growing demand for higher voltage DG sets especially from the real estate point of view which includes high rises, hotels, educational institutes, and hospitals, among others," Mahindra Trucks & Powertrain president and chief executive Rajan Wadhera told reporters here.
Under the powertrain division, the company manufactures gensets, engines and transmission and also provides engineering services.
"We divide the powertrain business as gensets and non-gensets. The gensets business itself contributes nearly 85 per cent of out revenue. We will continue to increase our gensets not only in volumes but also in capacity as we plan to take it to 320 kVA next year and going forward to up to 1 MW," Wadhera said.
"With the introduction of new-range of products that will not only cater to the domestic market but also the international markets we are confident of achieving nearly 40 per cent of revenues from exports. Currently, the powertrain division contributes USD 200 million in revenues and we are confident of achieving USD 1 billion target in the next six years," he added.