connectVolume.: 1 www.jakson.com

Dear Jaksonites

The backbone of any organisation is “People Connect”. With this intent, both of us, over the past few

months, have travelled to your locations and have been overwhelmed with your inputs, suggestions &

responses. We have always believed that inputs from you have made this organisation grow and reach

where it is today. Thank you! We hope to continue to meet you and your teams and keep this dialogue going.

Families that communicate better, stay together. At Jakson we believe in imbibing this spirit. Starting with

the leadership team and now their teams, we have been organizing team building workshops. Some of you

have been through this and experienced the change in your working relationships. We hope at the end of

this we are one big happy family, rowing in the same direction for the same goals.

We believe we have effectively used the past year to consolidate & learn and now well poised to take on a

leadership position in each of our businesses. We will close our current financial year with revenues of INR

2500 Crores at the group level. Our Power Gen & EPC businesses carry forward a very healthy order book

and we are confident of achieving a topline of INR 3000 Crores in the next financial year.

Our Solar business is poised for rapid expansion and plans are in action to ramp-up our current module

manufacturing capacity to 500MW by the end of the year. We also have an aggressive plan for channel

expansion in place.

Thank you once again & wish you & your families all the very best.

Forward

- Robin S. Sharma

The business of business is relationships;

the business of life is human connection

””Sundeep Gupta

Vice Chairman & Managing Director

Sameer Gupta

Chairman & Managing Director

BUSINESS UPDATES

Jakson supplied 161 units of 25kVA DG sets to Disaster Risk management Programme (DRMP),

Government of West Bengal for emergency power requirements during natural calamities. The

DRMP program aims to contribute to social and economic development goals of national and state

governments, minimize losses to development gains and reduce vulnerability to disasters.

West Bengal Disaster Risk Management Program acquires Jakson DG sets

Jakson bagged a large DG set repeat order from

its existing client PNC Infratech Limited, Agra.

PNC Limited is an Indian infrastructure

construction company with proven expertise in

execution of major infrastructure projects,

including highways, bridges, flyovers, power

transmission lines, airport runways, industrial

area development amongst others. The order

was received by Jakson based on technical

superiority of its DG sets. Scope of order included

supply of 39 DG sets – a mix of 18 LHP and 21

MHP Sets – and was executed in a short span of

two months.

Repeat order from PNC Infratech successfully delivered

Bharat Petroleum Corporation Limited (BPCL),

India's leading Public Sector Undertaking

placed an order for 25 tailor-made DG sets to

Jakson. Scope of work for the order included

supply of gensets fitted with customized AMF

panels. Jakson continues to be a trusted

supplier to BPCL and has been receiving

repeat orders from them on a regular basis.

Jakson supplies customized DG sets to BPCL

Jakson successfu l l y executed a DG

installation project for Simplex Infrastructure

in West Bengal, India. Simplex Infrastructure is

a leading infrastructure company with

presence in diversified sectors like Transport,

Energy & Power, Mining, Buildings, Marine,

Real Estate and Transmission & Distribution

(T&D). Scope of work for the project included

supply and installation of 27 DG sets across

LHP, MHP & HHP range.

DG installation project executed for Simplex Infrastructure

Jakson received orders totalling 85 DG sets in

the past few months from various small,

medium and large scale dairy customers. The

orders included a healthy mix of LHP, MHP and

HHP DG sets. As a market leader in various

industry segments, Jakson is confident of

gaining significant market share in this

segment as well.

Jakson forays into highly potential Dairy segment

Jakson executed a large scale

DG set installation project for

M y H o m e C o n s t r u c t i o n s

Private Limited, (MHCPL),

Hyderabad. MHCPL is a leading

real estate developer in South

India with presence in both

residential and commercial

segments. The order included

14 HHP sets and 4 MHP sets.

My Homes, Hyderabad powered by Jakson

25 IOCL retail outlets to be powered by solar rooftop

Jakson has successfully bagged an order for installing

rooftop solar plants in 25 Indian Oil Corporation Limited

retail outlets across Punjab, Haryana, Uttar Pradesh,

Rajasthan and Odisha in March 2018. Scope of work

includes supply, erection, testing, commissioning including

warranty, operations and maintenance of the plant.

Adoption of solar power for pump operations will help cut-

down electricity costs and also contribute to environment

by producing green power.

With an increase in infrastructure development

projects across the country, the segment

continues to drive significant order bookings for

Jakson. It won and executed two large scale DG

installation projects for GR Infraprojects and

Two large scale projects executed for GR Infraprojects and Oriental Structural Engineers

Oriental Structural Engineers with a total order

size of 175 DG sets. The order included a healthy

mix of LHP, MHP and HHP sets. Both GR

Infraprojects and Oriental Structural Engineers

are reputed infrastructure companies of India.

module mounting structures and cables is also a

part of project scope.

Showcasing its innovative engineering and design

capabilities, Jakson successfully integrated solar

panels on the tier of the bridges, without

compromising the structural integrity and

aesthetics of the site. Once commissioned, this

one-of-a-kind project will generate 1 MW green

electricity which will be used for illumination of

lights on the bridge and surplus power supplied to

the grid.

Jakson has successfully bagged an order for

installing a 1 MW grid-tied solar power plant

across four bridges at Nizamuddin in Delhi. These

bridges are a part of the under construction Delhi-

Meerut Expressway (NH-24 widening project)

inaugurated by Prime Minister Shri Narendra

Modi on December 31, 2015.

Scope of work for the project includes complete

design, engineering, supply, erection, testing &

commissioning of the plant on turnkey basis. All

associated civil work required for installation of

Prestigious solar highway project under execution

10 MW rooftop solar projects installed across educational institutes in North India

Jakson has successfully installed 10 MW of rooftop

solar projects at various educational institutions

across North India in the last quarter. For all these

projects, Jakson provided complete turnkey

Engineering, Procurement and Construction (EPC)

services that included supply, erection, testing,

commissioning including warranty, operations and

maintenance. Some of the institutes with

installations exceeding 500 KW are

§ 1.25 MW at GL Bajaj Group of Institutions,

Mathura & Greater Noida

§ 1.16 MW at PDM University, Bahadurgarh

§ 900 KW at NC Group of Colleges, Panipat

§ 860 KW at LNCT Group of Colleges, Bhopal

§ 800 KW at Starex University, Gurugram

§ 600 KW at Hind Institute of Medical Sciences,

Lucknow

Jakson solar modules are being used for rooftop solar projects across 28 railway stations in North-

East region. The modules are being supplied to North East Frontier Railway through local

distributors executing the EPC rooftop projects at these sites.

High efficiency solar PV modules supplied for Indian Railway solar projects

Jakson Group was invited to showcase its solar credentials to delegates and ministries of 31

member countries of International Solar Alliance (ISA) recently. ISA is an alliance of more than 121

countries, with the primary objective of working towards efficient international co-ordination for

exploitation of solar energy and to reduce dependence on fossil fuels. The event facilitated ISA

members to seek competent solar developers to develop and invest in solar projects in their

respective countries.

ISA invites Jakson to showcase its solar credentials

African delegation visits Noida corporate office

A high level delegation of top government officials

from African countries of Malawi, Ghana and Mali

recently visited our corporate office in Noida. The

agenda of their visit was to assess Jakson's

infrastructure and capabilities in solar for future co-

operation in solar mini grids, rooftop and utility scale

land based projects in these countries. In addition,

the delegates also visited our solar module

manufacturing unit in Greater Noida.

37MW Solar EPC projects commissioned last quarter; 200MW in the year

Jakson successfully executed an electrical

infrastructure works project for Cummins Inc.

for its India Technical Center located in Pune.

Cummins Technical Center is a technology

hub of Cummins in India equipped with world-

class laboratories and engineering facilities

for designing technologies of the future for its

businesses worldwide. Scope of work for the

project included substation related work;

supply of tapping arrangement; supply and

installation of HT & LT panels; external &

internal lighting; and related civil works.

Cummins India electrical works project executed

Phase II of Kochi Metro Rail Project completed

Jakson successfully completed second

phase of its Kochi Metro Rail project that

included electrical and maintenance

(E&M) work of five metro stations and one

major metro depot on the network. Earlier

Jakson, has successful completed Phase

I of the project that included E&M for 11

station in the network. Complete scope of

work for the project included SITC of DG

sets, electrical panels, lighting systems,

EOT cranes, fire-fighting, plumbing &

HVAC systems. Kochi Metro is one of

India's largest urban metro networks

operating in Kochi, Kerala. Phase I of this

project was inaugurated by the Hon'ble

Prime Minister of India, Shri Narendra

Modi in June 2017.

Jakson successfully commissioned land-based solar power plants totalling 37 MW in the last quarter.

These include 20 MW and 5 MW plants for UPNEDA in Garotha and Mathura, Uttar Pradesh respectively;

10 MW for Jyoti Solar in Patnagarh, Orissa and 2 MW for KSEB at Trivandrum, Kerala.

Overall Jakson installed land-based solar plants of 200 MW in the year 2017-18. Some of the other

prestigious projects executed in the year include 65 MW at Neyvelli, Tamil Nadu for NLC India; 50 MW at

Kanhangad, Kerala for IREDA; 20 MW at Madhugiri, Karnataka for Hero Future Energies; 10 MW at Vizag,

Andhra Pradesh for Vishakhapatnam Port Trust; and 8 MW at Sanand Gujarat for IOCL

Jakson provided turnkey engineering, procurement and construction services for all these projects

including annual operations and maintenance services.

Civil & electrical works project completed at IIT Ropar

Jakson successfully completed

Phase I of civil and electrical EPC

work at Indian Institute of Technology

(IIT) Ropar in Punjab. IIT Ropar is

amongst India's top engineering &

technology institutes and one of the

eight new IITs being established in

India by the Union Government.

Scope of work for the project

included construction of buildings;

supply, installation, testing and

commissioning (SITC) of 66/11KV

grid substation; installation of DG

Sets; HT & LT Cables; street and

compound lighting amongst others.

KCGMC electrification project successfully completed

Jakson successfully completed the

electrical works project of Kalpana

Chawla Govt. Medical Col lege

( K C G M C ) , K a r n a l , H a r y a n a .

Established by the Government of

Haryana, KCGMC is a new Medical

College and Hospital with all modern

amenities in the state. The institute is

spread across 50 acres and named

after famous Indian astronaut

Kalpana Chawla. Scope of work for

the project included Electrical Works

for Teaching Block, Auditorium Block

& Housing Block.

Two 132 KV substation projects executed in Uttar Pradesh

Corporation Limited (UPPTCL). Scope of work for

the project included construction of bays; supply of

materials and erection, testing and commissioning

of all equipments. Jakson also executed all related

civil construction works at the sites.

Jakson successfully executed two 132 KV

substation projects; one each in Banda (District

Shahjahanpur) and Gonda (District Nawabganj) in

Uttar Pradesh, India. The projects were awarded to

Jakson by Uttar Pradesh Power Transmission

Rural electrification projects completed in Shravasti & Alwar

line families in the district within a period of 2

years. In Alwar, Jakson carried out electrification

works in 885 villages electrifying close to 5000

households.

Jakson successfully completed two large scale

rural electrification projects in the states of Uttar

Pradesh and Rajasthan. In Uttar Pradesh, Jakson

was awarded a rural electrification project under

the Deen Dayal Upadhyaya Gram Jyoti Yojana

(DUGJY) for electrifying more than 400 villages in

Shravasti district. As part of the project, electricity

was provided to more than 9000 below poverty

Ground Power Units for Rustom II delivered

Rustom-II is an indigenous medium altitude long-endurance combat-capable UAV currently under

development. Jakson is proud to be associated with this project and has designed, manufactured and

supplied ground power equipment for the UAV. The equipment once inducted would be used by all the

three services of the Indian Armed forces.

Jakson has successfully designed and developed auxillary power unit for use in Arjun Armoured

Repair & Recovery Vehicle (ARRV). Arjun ARRV is currently being developed for Indian Army. First

prototype has already been manufactured and currently undergoing trials.

Auxillary Power Units installed in Arjun ARRV

Dairy Fest, Lucknow, Uttar Pradesh

Customer Meet, Chitwan, Nepal

EVENTS UPDATE

National Expo, Raipur, Chattisgarh

Balasore Expo, Odisha

IOCL dealer meet, Moradabad, Uttar Pradesh

EVENTS UPDATE

MES Annual Day Event, New Delhi HRUPDATES

Holi celebrations

To celebrate the festival of colors, a fiesta was

organized at Jakson corporate office that

witnessed participation of employees across

departments. Employees draped themselves

in colour and danced to music as they feasted

on sweets. Some snippets from the event.

professional Zumba trainers, this mixture of dance

and fitness is a fun yet healthy way to de-stress and

re-energize oneself. It not only has benefits for

physical health, but also aids the mind to remain

calm, alert and focused. In the long run, such

sessions help in increasing productivity and make for

a healthy and progressive office environment.

'A healthy mind resides in a healthy body'. To

encourage healthy living amongst Jaksonites, the

HR team organized an employee wellness initiative

in the form of Zumba Sessions at its corporate office

in Noida. Zumba is a fitness program which involves

dance and aerobic movements performed to

energetic music. Conducted under supervision of

Fun & fitness at office

Women's Day celebrations

The International Women's Day,

celebrated on March 8 every year, is

recognized worldwide as a day to

celebrate the essence of women who

have prevailed over adversities and

achieved success in every sphere of

life. In line with the spirit, Jakson

organized a movie screening and

lunch outing for all women employees

at its corporate office as a mark of

respect and appreciation for their

efforts. For women employees at its

Greater Noida plant, a special lunch

was organized and gifts distributed.

The senior management at the plant

also thanked the women staff for their

contribution towards the manufacturing

operations at the plant.

Empowering the specially abled

As part of its commitment towards empowerment

of the specially abled, Jakson recently appointed

Ms. Jyoti Ahuja as an Executive - Helpdesk in the

human resources department. We extend her a

warm welcome and look forward to a fruitful

journey together.

Commenting on her first few days at Jakson, Miss

Jyoti said “I am feeling very comfortable as I am

being treated equally. I think a person should not

be judged by their physical appearance but by the

ability to perform their work. I am glad to be a part

of Jakson - a company, which respects specially

abled people and gives them an opportunity to

fulfil their dreams. I can say from my own

experience, not every organization gives us an

opportunity. I thank Jakson for giving me a

chance to believe in myself and making me a part

of the family”

National Safety Week celebrations

National Safety Week campaign was organized at Jakson from March 4 to 10, 2018 to bring about

awareness towards safety management at work place. The following events were conducted at Jakson

offices across India as part of this initiative.

Activities

§ Safety banner and poster display

§ Workplace safety awareness

sessions for employees in each

floor

§ Emergency response team

finalization and fire safety team

training

§ First aid box and fire extinguisher

distribution to drivers for

company vehicles

§ Safety poster and slogan writing

competition

§ Safety quiz competition

National Safety Week competition winners

Mr. Apoorv Pathak, Runner-up safety quiz competition

Mr. Firoz Khan, Winner slogan writing competition

Mr. Waseem Ali Khan, Winner safety quiz competition

Mr. Anil Rath - Winner poster making competition

Employee Town Halls

Mr Sameer & Sundeep Gupta along with members of the senior management team attended employee

town-halls across Noida, Kathua, Kalsar, Mumbai, Kolkata & Kanpur. During these meetings, Mr Sameer

and Sundeep Gupta provided employees an update on business performance, various strategic initiatives

being undertaken across the organization and plans for the future. The town-halls also provided an

opportunity for Jaksonites to interact with members of the senior management team in an interactive

Q&A session.

FINANCEUPDATES

In the last quarter, several new features have been

introduced in SAP to make the system more

efficient and robust. Some of the new additions in

the system are Made to Stock (MTS); Made to

Order (MTO) and Material Resource Planning

(MRP).

Made to Stock: It refers to standard material

being produced in plant. Implementing MTS

allows teams to correct Bill of Materials (BOM),

gain better control of inventory, generate

purchase requisitions and purchase orders

automatically by feeding data.

Made to Order: It refers to manufacturing

customized products as per client requirements.

For such orders, BOM is created on Sales order, as

the requirements of every customer is unqiue.

Earlier most orders were processed as MTO cycle.

Now only customized orders are being processed

through MTO. Using MTO cycle offers benefits like

better control over inventory, books inventory

versus physical inventory ; efficiency in

processing; better planning of raw materials;

generation of PR and PO and effective reporting

Material Resource Planning: This is a very good

automated tool for material sourcing. It picks up

B O M c o m p o n e n t s a n d g e n e r a t e s P R

automatically considering various parameters

like minimum order level, lead time, and supplier

capacity level amongst others. MRP covers

materials sourcing for MTS, MTO and Projects.

Technology upgrade and new featuresintroduced in internal SAP

Mr Pushpendra Kumar Bansal, Chief Financial

Officer, Jakson Group has been awarded with the

prestigious CFO 100 Awards 2018 for his

outstanding contribution towards Corporate Tax

Management. The CFO100 Programme is an

annual award that recognises the top 100 senior

finance professionals in India who have made a

difference with their acumen, attitude and

leadership. The award was presented to him at a

glittering ceremony held in Mumbai on 16th

March 2018, attended by senior industry

professionals.

Jakson CFO wins CFO 100 Award

MANUFACTURINGUPDATES

On the occasion of birthday of Mr Satish Kumar

Gupta (Daddyji as he is fondly called by

Jaksonites) the manufacturing team at Greater

Noida Plant organized a cake cutting ceremony at

its premises. The event was attended by Joshua

Solomon - EVP, Manufacturing & Assembly and

other members of the team.

Birthday celebrations at Greater Noida plant

With the vision of becoming India's leading solar

module manufacturer, Jakson has upgraded the

existing infrastructure at its Greater Noida plant to

manufacture solar modules with 5 busbars. The

5 busbar design allows for better current flow

between the individual cells, resulting in higher

power output. These high efficiency modules are

being manufactured using imported stringer

machines from Italy for optimum quality &

durability.

Manufacturing of 5 Busbar solar modules begins at solar plant

Manufacturing productivity across all Jakson manufacturing plants in Kalsar, Kathua and Greater

Noida enhanced significantly in the past quarter with improved process efficiencies. Both gensets

and Module manufacturing delivered enhanced output in the quarter.

Improved productivity across manufacturing plants

Jakson adopted a model school in Phaltan,

Maharashtra and upgraded its existing

i n f ra s t r u c t u re by a d d i n g t w o n e w

classrooms and renovating its existing

infrastructure. Jakson also built drinking

water facilities and toilets in the school

which were not present earlier. The school

currently has 120 students from Standard

VII to X. The school administration is

confident that the infrastructure upgrade

wil l attract more students from the

community to attend the school.

Infrastructure upgrade and renovation of Model School, Phaltan

New English School at Nimbhore, Phaltan adopted

Jakson adopted New English School at

Nimbhore, Phaltan with the objective of

providing adequate infrastructure to

support good quality education and provide

basic access to safe drinking water and

sanitation to students. This was done by

contributing to school infrastructure with

construction of new classrooms, renovation

of computer room, installation of drinking

water dispenser systems and construction

of separate toilets for girls and boys.

CSRUPDATES

Jakson in partnership with I-Care India,

pledged support to 5 primary Government

schools in Lucknow and work with them on

'child development'. The programme has

created a very positive impact on children. It

has also impacted parents, panchayat, the

youth and the local community. The outcome

of these development programmes have

been very impressive as children have

inculcated habits of hygiene, health, personal

care, grooming, interactive skills & generated

a whole new level of confidence.

Jakson partners I-Care India to support primary schools in Lucknow

As part of its commitment to provide better

infrastructure in schools, Jakson provided access

to a safe drinking water source at a Primary & Junior

Govt. School in Khera Chauganpur, Greater Noida. A

100 litre water purifier was installed at the school

premises which now provides hygienic drinking

water facility to 300 children. The water purifier will

help reduce water borne diseases in children and

contribute to their health.

Safe drinking water provided at Primary & Junior Govt. School, Greater Noida

On the occasion of World HIV day, a blood

donation drive was organized across all Jakson

units & offices in Noida, Greater Noida, Kalsar,

Jammu, Kolkata and Phaltan. The drive, aptly

named 'Give Blood, Give Life' was a big success

with more than 170 Jaksonites coming forward

and donating blood.

Employee blood donation drive

Jakson donated 18KW of solar PV modules

to 6 leading educational institutes in India as

an initiative to promote the use of Solar

Power. These included Chitkara University,

Punjab; AKG Engineering College, UP; BM

Munjal University, Haryana; Amity University,

UP; Manav Rachna University, Haryana and

Bennet University, UP. The solar modules

donated will be used to build a Solar Lab in

these institutes to study and research the

use of solar technologies. The modules

were presented to representatives of the

universities at “Techtronics 2017”, an annual

event organized by India Electronics & Semi-

Conductor Association (IESA) in Delhi on

December 8, 2017.

18KW solar modules donated to 6 leading educational institutes

Jakson organized a 'Joy of Giving' month across all

its offices and units in India. The objective of this

initiative was to inculcate a culture of sharing &

caring amongst employees. As part of the activity,

Jakson employees generously donated old clothes,

books, shoes & stationary. The collected items,

along with a few other purchased items, were

distributed to the needy through our volunteers.

Joy of Giving month

Jakson organized an awareness programme to

educate school ch i ldren on env i ronment

conservation across government schools in

Lucknow, Kalsar & Greater Noida. A total of 400

school children were educated on the need &

methods to conserve the environment by volunteers

from Jakson.

Environment awareness sessions organized for school children

Thank You