StockWatch
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Industrial Products
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.