
Deals3 Jun 2026, 01:22 pm
Cryogenic OGS Subsidiary Secures ₹12.58 Cr Order
AI Summary
Cryogenic OGS Ltd announced that its subsidiary, Infravolt Engineering Private Limited, has received an order worth ₹12.58 crore from Fimer India Private Limited. The order is for the supply of Busbar Kits for Power Modules and is expected to be executed within 18-21 weeks. This marks a strategic entry for Infravolt into the renewable energy supply chain, supplying precision copper components for solar inverters. This diversification aligns with Cryogenic OGS's strategy to expand its footprint in high-growth sectors like solar energy infrastructure and railway electrification.
Key Highlights
- Subsidiary Infravolt Engineering received a ₹12.58 Cr order from Fimer India.
- Order is for supply of Busbar Kits for Power Modules.
- Execution timeline is 18-21 weeks.
- Strategic entry into renewable energy supply chain.
- Diversification into solar and railway electrification sectors.
Price Impact
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